The Egyptian Hyde Park establishes a business in Saudi Arabia and prepares them to start its first projects

The Egyptian “Hyde Park Real Estate Development” prepares itself to start a company in Saudi Arabia next month, and it also studies 3 different projects to choose one of them to be the first real estate development project in the kingdom, which, according to managing director Amin Sarraj, was launched. In an interview with “Al -Sharq”, on the sidelines of the “Map” summit held in Cairo, he noted that the company wants to achieve sales in Egypt this year at a value of 75 billion pounds from its various projects east and west of Cairo and on the northern coast. Siraj said the lowering of interest rates is useful for the real estate sector, and the company will encourage the implementation of flocks, the first of which will be a value of one billion pounds, and it could increase by more interest reduction.