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Real estate company branches out

Solidere International LTD, a Lebanon-based company, has started work on two development projects in Cairo: one in Sheikh Zayed covering 1.2 million square meters, and the second in Katamya covering 850,000 square meters, according to a statement released to the press. Both projects will create mixed-use complexes of residential, office, leisure, hotel and serviced apartment …


Solidere International LTD, a Lebanon-based company, has started work on two development projects in Cairo: one in Sheikh Zayed covering 1.2 million square meters, and the second in Katamya covering 850,000 square meters, according to a statement released to the press. Both projects will create mixed-use complexes of residential, office, leisure, hotel and serviced apartment buildings.

The company also announced the establishment of Solidere International LTD in Dubai International Financial Center (DIFC) with a share capital of $700.05 million. The company’s plans to take on real estate development projects all over the world, with a special focus on the Middle East region, the Mediterranean countries and North Africa.

In partnership with the Government of Ajman, UAE the company began work on a large development project just 25 minutes away from Dubai International Airport. It is also preparing for urban projects in the Kingdom of Saudi Arabia and the southern part of Turkey.

Topics: FJP

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https://www.dailynewsegypt.com/2007/07/18/real-estate-company-branches-out/
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