Al Ahly braces for a new mega housing flagship in North Coast

Egypt’s Al Ahly for Real Estate Development Company says it will soon obtain the licences required to start executing a new giant housing project in North Coast.

The project will be built over 200 feddans, in cooperation with some local investors, Al Ahly chairman Hussein Sabbour said Thursday.

Sabbour stated that Al Ahly would get the project’s land plot within a maximum of two weeks.

“The project will include a number of residential villas and chalets as well as some hotels,” the Egyptian official further noted.