Egypt - Madaar Development has announced the launch of its latest new project, Azha North, in the North Coast. This project comes after the success accomplished by Madaar in Azha resort in Ain Sokhna. Chairperson and CEO of Madaar Development Gasser Bahgat stated that the new project is being built on ​​250 feddan (1million sqm) in the North Coast, with initial investments worth approximately EGP 16bn. Ahmed Ahab, head of the technical sector at Madaar Development, said that all Azha North units meet needs of different customers with various sizes. The resort includes stand-alone villas, double villas, and chalets of different sizes that meet all needs and tastes of Madaar customers.

Source: The North Africa Journal June 13, 2022 06:58 UTC