The real estate developer company, Al Dau Development, a subsidiary company of Sami Saad Holding, intends to launch a new residential tourism project in west Cairo during the second half (H2) of 2019, with an initial investment of about EGP 1bn, according to Fahd Derbala, CEO of Al Dau Development.
Derbala told Daily News Egypt that the company targets to achieve EGP 2bn in project sales.
Furthermore, Derbala added that the Cairo West project is a residential tourism project located on an area of 40,000 sqm and includes a residential area and a hotel with 350 rooms.
He noted that the project’s first …read more
Source: Daily News Egypt
