The Clap
Talal Al Dhiyebi, CEO of Aldar Properties (ALDAR), stated that Aldar aims to invest EGP 1.5 billion in Egypt and UAE in the coming months.
The Deets
Al Dhiyebi still sees a lot of opportunities in Egypt and UAE. The company still wants to expand the land in their wallet in Egypt, specifically in the North Coast, the Eastern and Western ends of Cairo, and the Red sea.
Al Dhiyebi hinted at the importance of ARCO to Aldar.
Other Related News
Aldar had submitted an offer through its subsidiary SODIC to acquire Madinet Nasr. However, Madinet Nasr had rejected the initial offer, and left the decision to the general assembly.
Aldar still not done yet 🏢
