Sameh El Said – Top 100 Real Estate Developers In MENA 2024- Forbes Lists – Forbes Middle East

  • Date: 30-Mar-2024
  • Source: Forbes
  • Sector:Real Estate
  • Country:Egypt
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Sameh El Said – Top 100 Real Estate Developers In MENA 2024- Forbes Lists – Forbes Middle East

El Said was appointed to his current position in August 2023. Founded in 1906, the Heliopolis Company for Housing and Development had a land bank valued at $3. 2 billion, in addition to the New Heliopolis City and Heliopark land in New Cairo. The company owns heritage assets, including Maryland, Granada, and its own headquarters. In the first nine months of 2023, the company recorded total assets worth $146. 7 million and revenues worth $12. 9 million. It had a market cap of $459. 1 million as of November 15, 2023. El Said has 40 years of experience in the industry. He was previously the COO of Roya Developments and the CEO of Nasr General Contracting (Hassan M. Allam).