Egypt’s Roaya Group to invest 200 million pounds in three real estate flagships

Egypt’s property developer Roaya Group says it is planning to pump new investments worth 200 million Egyptian pounds ($11.3 million) into three real estate flagships.

The new investments will consist of establishing 200 housing units, over 110 square metres and 320 square metres in Lotus, Al-Andalus, and Beit Al Watan projects, Ezzat Zahran, Roaya’s chairman, said Monday.

“The company has executed 150 projects in Gulf countries and in Egypt since it started operations in 2003,” Zahran further noted.