The company’s total revenue surges to EGP 6.7 bn in 9 months to September 30th 2022 from EGP 4.9 bn in the same period a year earlier.
The MoUs were signed with Tatweer Misr, Misr Italia Properties, REDCON for Offices and Commercial Centers, PARAGON Real Estate Developments, and GV Developments, on the sidelines of the United Nations Climate Change Conference (COP27).
Over 28 years, Al Ahly Sabbour executed 63 projects through its 16 subsidiaries over six mn sqm, including more than 30,000 units.
Located in New Cairo’s Gold Square district, the multi-purpose project’s investment cost amounts to around EGP 3 bn and the first phase thereof will be tendered to contractors in the coming period.
The logistics hub will be situated over 470,000 sqm. It is intended to be the first sustainable and integrated industrial city in the heart of Egypt’s internal and external trade center.
ACROW MISR for formwork and metal scaffolding was the only Egyptian company to participate in this huge event.
20% of the project is implemented before the start of its marketing.
MARAKEZ, one of Egypt’s leading mixed-use developers, is awarded 2022’s Global RLI Awards, Invest-Gate reports.
The JV also aims to promote investments in the sector, inside the Kingdom.
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