Capital Group Properties reinforces commitment to strategic growth plan in Egypt

Capital Group Properties reinforces commitment to strategic growth plan in Egypt

Building on success of flagship, landmark project Alburouj Continued commitment to sustainable development in Egyptian market Cairo: Capital Group Properties (CGP), a market leader in Egypt’s real estate development, has announced plans to further drive its strategic growth plan in Egypt. With a strong focus on expanding its presence and driving sustainable development in the country, CGP aims to contribute to Egypt's economic growth and urban transformation. As part of its growth plan, CGP appointed Engineer Ahmed Aref as its new Chief Executive Officer (CEO). With a remarkable career spanning over 20 years in the real estate sector in Egypt, UAE and Morocco, Eng. Aref brings extensive expertise and leadership to his role. He was one of the founding members of CGP at its inception in 2015, spearheading the company’s Development Department. In his new position, Eng. Aref will lead CGP's efforts in driving the expansion plan forward, leveraging his deep understanding of the Egyptian market and his experience in the real estate industry. His appointment demonstrates CGP's commitment to bringing on visionary leaders who can navigate the evolving landscape of the real estate sector and contribute to the company's strategic growth objectives. CGP has continued to exhibit growth despite