Ahmed El Adawy talked to CNBC about how the EGP 26 billion was invested in projects, specifically Jefaira & the four residential projects in West Cairo that are nearly sold out. Expressing that careful planning and studying is underway to assess the direction of new and ongoing projects. Also, expanding some projects, namely the office park, will be located at East side of Cairo is in the talks.
Hussein El Rifai discussed the company’s plans to buy more lands although he did not mention the nature of the new projects. He mentioned that they have a number of touristic projects including a five star hotel in Jefaira. Rifai said his group is attaining sales of 3.6 billion pounds this year, unchanged from last year, and expects the group's profits to increase to EGP 120 million from EGP 100 million.
The Inertia team got together with the lifestyle media to discuss further details about Joulz, the sunlit neighborhood in the heart of West Cairo. It's always a pleasure having them with us in each milestone.
Visualise a Mediterranean escape that you would never have to leave, a blissful getaway that can become a lifestyle
The name Joulz is appropriated from Joules, the unit used to measure photons, the fundamental particle of light-without which life would not be sustainable.
This matchless development is composed of up to 225 residential units in a total area of 25,000 metre squared.
The white and cream coloured Mediterranean themed villas in Veranda blend into the coastal terrain
Brix consists of 190 residential units in a total area of 44,000 metre squared, exceptionally designed to maximise your experience with an open space of greenery
Soleya consists of a total of 165 residential units composed of a variety of apartments, town houses, twin houses and stand-alone villas
West Hills offers an elite community lifestyle to homeowners in this desirable, in demand location.
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