Tatweer Misr eyes EGP 6bn sales in 2019

By: Abdallah Bedeir

Cairo – Mubasher: Tatweer Misr seeks to achieve EGP 6 billion in sales in 2019, the company’s CEO said on Wednesday.

The Egypt-based firm has achieved sales of EGP 6.7 billion in 2018, including around EGP 2.3 billion from Il Monte Galala in Ain Sokhna, Ahmed Shalaby told Mubasher during a property-focused event in Cairo.

He added that Tatweer Misr was planning to invest around EGP 3 billion into its projects in 2019, divided at EGP 2 billion into Il Monte Galala and EGP 1 billion into Fouka Bay.

In October, Shalaby told Muabsher that Tatweer Misr had invested around EGP 2.25 billion to EGP 2.4 billion into Il Monte Galala Ain Sokhna and Fouka Bay North Coast during the period between January and October.

 

Translated by: Mai Ezz El-Din

MUBASHER Contribution Time: 30-Jan-2019 13:03 (GMT)
MUBASHER Last Update Time: 30-Jan-2019 14:54 (GMT)