The sources indicated that the projected revenues from this ambitious development are expected to reach EGP 117 billion, equivalent to approximately $2.44 billion.
The announcement of this promising venture comes as Mohamed
Alabbar, the Emirati businessman and founder of Emaar, reaffirmed the immense
opportunities present in the Egyptian real estate market.
In recent statements, Alabbar disclosed the scale of Emaar Misr's current investment: Emaar Misr's investments now exceed EGP 1.878 trillion. The company's total land portfolio spans more than 34.6 million square meters.