Tabarak Developments expands into the Gulf region with the A’Aly Al Riyadh project
Tabarak Developments is taking important steps to expand into the Arabian Gulf region by launching its “A’Aly Al Riyadh” project. The project overlooks the skyline of the Hanifa Valley, located in Riyadh, Saudi Arabia, with a total investment of RS 100 million; the project was set up in early 2018.
A’Aly Al Riyadh covers more than 12,500 m² comprising 139 residential units with spaces ranging from 120 to 150 m² in addition to splendid duplex villas with an average surface area of 300 m². The project is ready to welcome residents and the units are fully completed.
“As an Egyptian real estate developer, we are proud of our expansion in the Gulf region, one of the vital and integrated markets. Based on this conviction, Tabarak Developments has branches in the GCC in Kuwait, United Arab Emirates and Saudi Arabia, where we have established one of our most successful projects, A’Aly Al Riyadh ”, said Bassem El Shorbany, Deputy Managing Director of Tabarak Developments.
Tabarak Developments was established in 1979 with a total investment of over EGP 16 billion. It operates in various sectors, including real estate, tourism and industrial investment. A group of companies was created under the name of Tabarak Holding. In 2000, Tabarak began to develop a group of integrated residential complexes such as Tabarak City, Maadi Heights, Beity, Fantasia, Sandry, Capital East “1” and Capital East “2”, and other projects which provided units residential, administrative and commercial for all categories. The company has branches in Saudi Arabia, Kuwait and the United Arab Emirates.