Egypt’s real estate developer Misr Italia Properties is planning to start executing its flagship Kai Sahel in North Coast resort within the first half of 2019, co-chief executive said on Monday.
The project is with investments totalling five billion Egyptian pounds ($279.5 million), Mohamed Hany El Assal further added.
“We had posted sales exceeding 1.5 billion pounds from the project, which will include a five-star hotel,” El Assal said.