INTERVIEW: Kuwait’s Gulf Kingdom planning giant projects in Egypt

Kuwait’s Gulf Kingdom Project Management LLC plans to carry out two giant projects in Egypt, in the new administrative capital and New El Alamein City projects, its marketing chief says.

The Kuwaiti company also intends to inaugurate two branches in Egypt within the current month, Ahmed Hegazy, head of marketing and sales at Gulf Kingdom, further told Amwal Al Ghad in an interview on Monday.

Egypt will be the fourth country Gulf Kingdom builds its presence after Kuwait, Saudi Arabia, UAE, and Turkey, Hegazy added.

Gulf kingdom Project Management LLC is a real estate partnership Kuwaiti Alliance – a Saudi company Gulf kingdom, with a capital worth KWD 50 million ($165.6 million).

Hegazy further said Gulf Kingdom is in ongoing talks to carry out housing projects in the Fifth Settlement or Sixth of October districts.