City Edge’s role lies in acquiring lands in the kingdom and developing them in line with its expansion strategy in the region’s markets, with the Kingdom’s market at the forefront.
Muhammad Aldahan, the CEO of City Edge Real Estate Development Company, witnessed the signing of a memorandum of understanding between the Arab Organization for Industrialization and the Egyptian-Saudi Alliance comprising companies (Wobco, a member of the Al Alyan Group, Octa International, a member of the Diouns Investment Group, and City Edge Real Estate Development Company) regarding logistical supply for real estate development projects in the Kingdom of Saudi Arabia. The alliance will undertake these projects in the Kingdom and elsewhere.
The areas of cooperation include supplying materials and local manufacturing for the needs of real estate development projects in the Kingdom of Saudi Arabia by utilizing the advanced manufacturing capabilities of factories and companies within the Arab Organization for Industrialization. Additionally, participation in the logistical supply for real estate development projects in the Kingdom of Saudi Arabia, which the alliance will undertake in the Kingdom.
City Edge Real Estate Development plays a role in collaborating with partners to acquire and develop land in the Kingdom – aligning with the company’s strategy to expand into regional markets, with the Kingdom’s market at the forefront.
City Edge is a leading national real estate development company affiliated with the Ministry of Housing, working on expanding such alliances. These partnerships reflect the state’s general direction to support the national economy through cooperation between companies affiliated with the government and private sectors and strengthening relations between Egyptian and Arab companies. It aims to build an integrated and robust industrial strategy, providing a digital operating system and intelligent management by global standards. It leverages growing national expertise in this field, following the directives of the Minister of Housing.
It is worth noting that City Edge possesses significant regional expansion capabilities, leveraging its expertise and successes. It develops and manages distinguished real estate projects, including residential projects, commercial malls, hotels, restaurants, and administrative offices.
