The Clap Arab Developers (ARAB) is following a strong plan with their projects and investments as income and revenues are expected to grow in the future.
The Deets Ayman Khalifa, CEO of Arab Developer, stated that the company has completed 60% of its project Nyoum in the new administrative capital. The project offers villas and administrative offices as well as a green landscape and a golf course.
The company is adopting a new management strategy, with one of the most significant results being the investment of EGP 1.5 billion in projects in 2022, 50% more than in 2021.
Expectations for the Future Revenues are expected to reach EGP 3.6 billion in 2023 and EGP 4.1 billion in 2024.
Despite global economic instability, the prices of the units offered by Arab Developers only increased by 10% since the start of the year.