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Country-Plan Projects and Tenders |
| 9019 Subject |
L.E. 400 million projects announced by a venture grouping Al Sharbatly Group and National Real-estate Development. |
| Date Published | Sunday, August 07, 2005 |
| Source Name | Al-Ahram |
| Location Name | Country Wide |
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Description Date Format: (mm/dd/yyyy) |
L.E. 400 million projects announced by a venture grouping Al Sharbatly Group and National Real-estate Development. Shareholders of the venture, capitalized at L.E. 250 million, include Al Sharbatly Group holding 50 %, National Real-estate Development holding 40 % and Mr. Ashraf Farag holding the remaining 10 %. New entity is identified as Arab Company for Real-estate Development. The new entity has bought two land lots, 250 feddans each at New Cairo City and Sixth of October City to implement its projects thereon. Chairman of the new company Mr. Ashraf Farag. |
| Sectors Section | Beneficiary Sectors - Construction Projects Integrated works - Consultancy Engineering Consultancy |