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Shalaby Group, WellSpring Egypt to establish new club

Shalaby Group, WellSpring Egypt to establish new club

ArabFinance: Shalaby Group for Investment and WellSpring Egypt signed a partnership to launch a sport and social club in New Cairo, Daily News reported on May 3rd.

Spanned over 25 feddans, the new club will serve both families and sports enthusiasts.

An investment of over EGP 1 billion has been allocated to establish and manage the club facility, which lies directly on the Mohamed Naguib Axis and connecting both the Ain Sokhna and Suez highways.

The club is expected to be operated within two years, and it will receive membership applications by June 2021.

Founded in 1986, Shalaby Group is one of Egypt’s leading companies in the real estate sector. The company implemented projects including Bianchi-Sidi Abdel Rahman and Sun City Gardens in New Cairo.

WellSpring Egypt was established in 2009. The company serves 200,000 individuals through its local school camps and international camps held in the USA, Poland, Greece, Italy, and Ukraine. WellSpring is also present in Lebanon and Morocco.

 

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