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El-Sherbiny reviews Founders’ sales in New Capital, October City

Businessmen Team news 27 July 2025 08:08 PM
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El-Sherbiny reviews Founders’ sales in New Capital, October City

Engineer Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, continued a series of meetings to review sales, handovers, and marketing progress for projects developed by the New Urban Communities Authority (NUCA) in new cities.

He held a meeting at the New Alamein City Authority headquarters with representatives from Founders Real Estate Development, attended by officials from the Ministry and NUCA.

El-Sherbiny emphasized the Ministry’s commitment to maximizing returns on investments in residential and development projects across new cities and various regions. He highlighted ongoing efforts to implement a diverse portfolio of projects in partnership with real estate developers and marketing firms, in line with the state’s strategy to enhance collaboration with the private sector.

The Minister also reviewed the sales performance of projects currently being marketed by the company in the New Administrative Capital and New Cairo, along with the status of another project in 6th of October City.