ICEC

Arabia Holding targets 6bn Egyptian pounds sales next year

Egypt’s Arabia Holding Group is planning to achieve sales between five billion pounds and six billion pounds from its projects in Egypt within 2019, said its chairman on Monday.

The company will inject around 1.5 billion pounds into its projects within the next year, Tarek Shoukry further added on the sidelines of a press conference in Cairo.

Arabia Holding is currently implementing Sun Capital project near the Grand Egyptian Museum and the pyramids of Giza over 575 acres, with four billion pounds in investments.

The company is also executing its 75-acre project Galleria in New Cairo over seven phases with investments of five billion pounds.

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