The top 10 real estate developers in Egypt reported total sales of EGP 168bn in the first half of 2023 (1H 2023), an increase of 88% from the same period last year, according to a report by The Board Consulting. Mountain View also recently launched its North Coast project (LVLS) and is expected to have high sales growth in Q3. Runners-up outside the ‘Top 10 list’• Emaar was not in the top 10 for the first time, achieving total sales of EGP 8.85bn. • Saudi Egyptian Developers (SED) achieved EGP 8.8bn in sales, driven by its “Marina M8” project with sales of EGP 4bn. • Al-Ahly Sabour generated total sales of EGP 6.7bn, doubling its sales in comparison to the same period last year.

Source: Daily News Egypt August 08, 2023 01:04 UTC