Egypt’s Maalem Group eyes $5 mln contractual sales in 2019

Egypt’s Maalem Group for Reconstruction and Development targets contractual sales worth 90 million Egyptian pounds ($5 million) from its projects within 2019, chairman Abdallah Anwar said on Wednesday.

“We also plan to market 11 real estate projects that will include around 120 units with spaces varying between 150 square metres and 350 square metres

Maalem also plans to market 11 real estate projects that will include around 120 units, with spaces varying between 150 square metres and 350 square metres, Anwar told Amwal Al Ghad.

“Our investments focus on Andalus area in New Cairo, as part of Beit Al Watan project that allows Egyptian expatriates to own lands in their homeland,” he said.

Established in 2007, Maalem Group operates in integrated construction industry filed and joined the membership of Egyptian Federation for Construction and Building Contractors to begin the process of work to participate in nation-building and support integrated development.