Tatweer Misr has successfully achieved the perfect balance of achieving record sales, taking advantage of the high demand in the real estate market while pumping huge investments that shift the pace of construction work to overcome economic challenges. Ahmed Shalaby, CEO of Tatweer Misr, has mentioned that they had spent 3 billion EGP in the first quarter to accelerate the construction of 6 projects in various destinations.
Shalaby added that the spending increase has positively impacted the total number of units delivered to customers, which were 2,600 units in the first half of the year, while aiming to deliver 3,600 units by the end of the year. The company has seen growth in sales with a 400% increase.
The company is also keen to develop some of the most prominent educational institutions in its projects, and an agreement has been made with the American university, New Jersey Institute of Technology, and the two schools, Narmar International School and King’s College.
He added that investing with the Saudian market pumps foreign investment, and that is why the company had partnered with Naif Al Rajhi Investment Group to develop some projects in KSA, and their first project is soon to be launched.
