Commenting on that, Al Rajawi expresses his happiness with this distinguished honour, pointing out that his company is considered the first Yemeni Gulf company to work as a real estate developer in the New Administrative Capital.
The destination management revenue grows by 36% YoY to EGP 1.4 bn.
With projected sales exceeding EGP 1 bn, this development is set to raise the bar for premium administrative offices.
Sabry notes that the company is working to provide a real estate product with a different idea in a variety of areas and at competitive prices, which will be announced by April.
West Way also plans to launch a medical commercial project in Sheikh Zayed on an area of 2,300 sqm, with investments of EGP 750 mn.
The announcement came during Mountain View’s participation in MIPIM real estate exhibition in France’s Cannes between 14 and 17 March.
The second protocol is inked with the High Institute of Engineering and Technology in Arish, with the aim of implementing training programs for the institute's students, as well as programs to qualify them for the labour market, Magdy reveals.
For his part, Tariq Sabry, Executive Director of FSG Development, notes that the new project is built on an area of 5,500 sqm, with a construction rate of only 30%.
The protocol is signed on the sidelines of the company's participation in the MIPIM exhibition.
Page 328 of 870
Get all latest content delivered to your email a few times a month.
Welcome! Login in to your account
Back to Login