Q Developments initiates it business in Egypt’s real estate market

Q Developments initiates it business in Egypt’s real estate market

- Q intends to launch its first projects next June in Sidi Abdel Rahman

Cairo – Q Developments announced the launch of its business in Egypt's real estate market during a Suhoor party that it held in a five-star hotel in Fifth Settlement, New Cairo in presence of journalists, the company’s officials, investors and success partners.

Mohamed Farag, a member of the company’s board of directors, said that Q Developments was born really big, as it is a result of experience in field of real estate development and contracting that extends for decades. Additionally, the new company integrates several elements that give it a head start and flexibility in facing market changes. In the end, all this is in the interest of consumer.

Farag added that Q Developments is an Egyptian joint stock company established in 2016 and owns 50% of shares of Jumeirah Egypt for Constructions, in addition to 75% of IG Capital , 90% of Q Asset Management Companies, Q Tourism Investment Company, and Q Art House Furniture Company. This collection of companies enables Q Developments to manage investments in various fields, including real estate investment, contracting, tourism investment, trading and manufacturing furniture as well as owning and managing commercial malls.