DM eyes EGP 1bn in sales of The Groove’s Sereia phase

DM eyes EGP 1bn in sales of The Groove’s Sereia phase

The company launched the project's third phase, says managing director. Comments Off on DM eyes EGP 1bn in sales of The Groove's Sereia phase. DM Developments plans to achieve EGP 1bn in sales of the Sereia phase of The Groove project in Ain Sokhna, according to Ahmed Abdel Hamid, managing director of DM.. Abdel Hamid said the company achieved EGP 1bn in sales of the project in 2019, targeting EGP 6bn of sales of the whole project once its marketing campaign finishes in 2022.. During a press conference held on Monday to announce the launch of the project's third phase, Abdel Hamid elaborated that DM has offered the project at the end of 2017, revealing that the company intends to deliver the project's first phase by the end of 2020..