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Egyptian Gazette
Home Business Real Estate

Arabisk Development at the Invest Go exhibition in Luxor

by Hamed Mahmoud
February 21, 2022
in Real Estate
Dr. Abdel Hamid Al-Wazir, Head of Arabisk Real Estate Development

Dr. Abdel Hamid Al-Wazir, Head of Arabisk Real Estate Development

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Arabisk Real Estate Development Company participated in the Invest Go exhibition in Luxor with distinctive projects in New Cairo and in many different areas of the city.

The company participated in the exhibition with a variety of projects in New Cairo with areas ranging from 125 square meters to 235 square meters, with facilities of up to 84 months, which are separate projects and Port Compond, said Dr. Abdel Hamid Al-Wazir, Head of Arabisk Real Estate Development Company and Chairman of the Support and Follow-up Committee of the New Cairo Developers Association.

Abdul Hamid said that the areas introduced at the exhibition were Andalus, Lotus, bit al-utn, Al-banfsg, and North House. He explained that for the first time, North House projects are available Full End projects under complete control of your estate unit via voice orders or mobile.

He explained that the real estate sector is witnessing a great boom during the coming period, due to the low interest rate rates in banks, which makes investment in real estate is the safe investment during the coming period, where the real estate sector is one of the most important sectors of the Egyptian economy and contributes to the gross domestic product by not less than 18%.

He stressed that the real estate market is witnessing an increase in prices with the beginning of the summer season by not less than 15%, explaining that this increase is the annual rates of increase in the real estate market.

Tags: Arabisk DevelopmentLuxorrate ratesthe Invest Go exhibition

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