Memaar Al Ashraaf contracts with Etqan to launch its latest projects in New Cairo

Memaar Al Ashraaf contracts with Etqan to launch its latest projects in New Cairo

Etqan contributed to the launch of more than 40 new projects and we headed to New Cairo due to its remarkable recovery, says Basem El-Sherbiny

Egypt’s real estate developer Memaar Al-Ashraaf has contracted with Etqan Business Development, a financial and marketing consultant, to launch its latest mixed-use commercial projects in New Cairo during the last quarter of 2022, as part of the company's plan to expand in Egyptian market and in support of the state's plans for urban expansion.

Ahmed Amin Massoud CEO of Memaar Al Ashraaf praised the cooperation with Etqan as one of the largest consulting companies locally and internationally, and has a strong and successful business history in the Egyptian market.

Massoud said, “Cooperation with Etqan is not the result of the moment, but came after a careful review of the company's tangible efforts that support us strongly in implementing the company's strategy for expansion and directing more successful investments.”

He added that the new project is completely commercial on 3,500 sqm, with investments amounting to approximately EGP 300m with expected sales of EGP 500m, noted that the project is located in the most distinguished areas in Lotus area in New Cairo.

He pointed out that Memaar Al Ashraaf enjoys more than