Kuwait’s Amwal Real Estate to pump EGP2bln investments in Egypt

Cairo – Mubasher: Kuwait-based Amwal Real Estate Co., a subsidiary of Eskan Global, plans to inject EGP 2 billion ($252.5 million) in Egypt’s real estate projects during 2016, said Fatima Al Sabah, chairperson.

“We consider Egypt as one of the most prominent markets that comes among our target investments, especially after the recent major economic reforms run by Egypt’s government,” added the chairperson.

Eskan Global intends to hold Elite Real Estate Exhibition in Egypt next July, with the participation of local and foreign real estate and investment companies, said Mahmoud Afify, Eskan’s chairman.

Mubasher Contribution Time: 21-Feb-2016 07:33 (GMT)