UAE’s Al-Futtaim to launch 3 housing projects in Egypt next year

Dubai-based property developer Al-Futtaim plans to launch three residential projects in its flagship Cairo Festival City next year, managing director Ashraf Ezz El-Din said on Monday.

Cairo Festival City is a visionary mixed-use urban community project strategically located at the gateway to New Cairo on a total space of three million square metres.

“The Cairo Festival City project is to include commercial and administrative works over 350,000 square metres, along with residential units over 1.1 million square metres, and hotels over 41,000 square metres,” Ezz El-Din added.