"Al -awali Real Estate" plans to turn off in "Tadawul" and target the Egyptian market

According to CEO Suleiman Al -Rumaih, Saudi Al -awali Real Estate Company was prepared to offer 30% of its shares in the most important Saudi market next year, and is aimed at expanding to the Egyptian market. In an interview with “Al -Sharq”, on the sidelines of the Summit “Map Real Estate” held in Cairo, he added that the company plans to storm the Egyptian real estate market by holding partnerships with Egyptian real estate development companies, focusing on the areas of Cairo, the administrative capital and the North Coast. Regarding the company’s business in the Saudi market, Al -Rumaih said that the company’s portfolio in the kingdom is 5 billion Riyals between existing projects or under implementation and development, adding that “Al -Aawali Real Estate” works in partnership with the “national housing” to cover the great demand for housing units in the cities of Riyadh and Jeddah.