The ambassador, Elkouny, discussed with "Mudon Ahlia" ways to enhance its investments in Egypt
Mudon Ahlia Real Estate Company stated that it is studying a number of investment opportunities offered by the Egyptian government to real estate developers, as part of its wish to enhance its investments in Egypt, especially in the real estate and retail sectors.
CEO of Mudon Ahlia Real Estate Company, Engineer/ Omar Najm, during inspecting a number of the company's projects and meeting with its officials, affirmed the company's keenness to continue its regional expansion plans in promising markets. Najm added that the ambassador, Elkouny, discussed with the company officials’ ways to enhance their investments in Egypt, noting that "Mudon Ahlia" penetrated the Egyptian market in 2015 by establishing Old Diamond Egypt, which specializes in real estate development, and Old Diamond LTD to work in the retail sector. Najm mentioned that the upcoming period will witness the activation of these investments, especially after the encouraging measures taken by the Egyptian government to improve the investment climate and business environment.
It is noteworthy that Mudon Ahlia Real Estate Company was founded in 2008 in Kuwait and is witnessing rapid growth in the real estate development sector due to its contemporary vision, advanced services, and innovative solutions in the fields of development, real estate leasing, project management, and retail trade through its subsidiaries and associate companies. Its service network extends locally and regionally, encompassing projects worth more than two billion dollars in many countries, including Saudi Arabia, Egypt, Oman, and others, in addition to Kuwait.