By: Abdallah Bedeir
Cairo – Mubasher: RE/MAX company is looking to boost its sales by 84.6% this year, the company’s regional director in Egypt and the UAE said.
The company aims to achieve sales of EGP 6 billion in Egypt in 2019, compared to EGP 3.25 billion in 2018, Khaled Nasser added in a press conference.
RE/MAX has logged around EGP 2.25 billion in sales from business in the UAE last year, Nasser indicated.
The company has launched RE/MAX Corporate to expand in the Egyptian real estate export business.
The regional director noted that the company targets to generate 6% of total sales in Egypt from RE/MAX Corporate’s business in 2019.
Real estate export business amounts to around EGP 2 trillion across the world, of which the Egyptian market makes up less than 0.2%, he said.
RE/MAX has 32 branches in six governorates in Egypt, Nasser said, pointing out that the company plans to open new 50 offices and 70 branches across 12 governorates by the end of this year.
Translated by: Mai Ezz El-Din
