Al Ahly Sabbour targets EGP 16B sales in 2024

Updated 9/21/2023 8:20:00 AM
Al Ahly Sabbour targets EGP 16B sales in 2024

Arab Finance: Al Ahly Sabbour eyes generating sales of EGP 16 billion in 2024 from its projects across eight areas in Egypt, CEO Ahmed El Sabour told Asharq Business on September 20th.

He added that the company's expected revenues from residential unit sales in Egypt will reach about EGP 12 billion by the end of this year.

El Sabour also revealed that his firm is close to select a plot of land to establish the first residential project in Riyadh on an area of up to 1.5 million square meters.

Additionally, he noted that Al Ahly Sabbour is currently working on setting up a company in Saudi Arabia after the signing of a cooperation protocol with National Housing Services Company (NHC).

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