Sherif El Saftawy, managing director of Marseilia for Real Investment (MAAL), has said the company plans to enter four different sectors in 2022.
More Details🧐 El Saftawy said the company plans to develop a hospital in Alexandria, in partnership with an investor with previous experience in the field. He added that the company plans on entering the education sector in the same manner.
The third sector he mentioned was water desalination, pointing out that the company already owns several water desalination plants for its projects.
The fourth & final sector is solar energy, where MAAL would provide the land while other investors handle other project expenses.
Why is this Important🤔 MAAL began trading on the EGX last Thursday after the EGX approved the transfer of its shares from the Nilex to the EGX. MAAL was down 9.03% at the close of Thursday’s trading session.