City Edge announced its acquisition of 50 acres in the New Administrative Capital at the latest conference. Sherif Taha, the Head of the Development Sector at City Edge, mentioned that these 50 acres overlook the Green River, and the company plans to develop a fully integrated residential community on.
Sherif Taha added in exclusive statements that the company is studying to acquire more land on the North Coast for a new coastal project that delivers an exceptional coastal experience. Of course, the company is trying to seize every possible chance for growth.
He also added that the company is trying to acquire a new company in Saudi Arabia as part of its expansion strategy.
City Edge Development is considered one of the top developers in Egypt. It is established between New Urban Communities Authority (NUCA) and Housing and Development Bank. The company was founded with a plan and an aim to shift the Egyptian real estate market while bringing the best innovative and creative solutions to the field. The company, ever since its beginning, has to develop a number of residential, commercial, and administrative developments in premium locations such as Etapa which is located strategically in Sheikh Zayed City, and The Gate Towers in New Alamein City. The company also tries to participate in major events, as the company was sponsoring the second edition of Al Alamien Festival that happened in New Alamien City.
