Egyptian newly-established real estate developer, Edge Holding for Urban Development says it has promoted 384 units in the first phase of its project Oia Compound in the country’s new administrative capital.
Edge Holding’s senior sales consultant Mahmoud Zohny said on Thursday the fully-fledged residential project, spanning over 30 feddans, will include around 40 buildings.
“We have obtained the ministerial approval on the project,” Zohany further told Amwal Al Ghad.
Also, the official said his company has got 150 feddans in the new capital to carry out another fully-integrated project there.
Founded in 2018, Edge Holding is a result of a huge mutual fund between Al-Borouj Egypt and El-Mashareq in Saudi Arabia. The firm, established to seize the huge investment opportunity in Egypt, has a huge vision for the real-estate business in Egypt and with huge plans for the future.
