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Two JVs worth $100m signed to tap markets in Egypt and Mena

Two JVs worth $100m signed to tap markets in Egypt and Mena 13 Dec 2020 Officials at the agreement signing ceremony. Industry giants Eltizam Asset Management Group and Al Ahly Sabbour Developments, Egypt’s leading real estate developer, have signed two joint ventures with a combined value of $100 million as part of the Group’s game-changing expansion initiative in Egypt and the rest of the Mena region. The landmark agreements will open a new chapter of success for Eltizam as it aggressively expands its footprint in one of the region’s biggest markets. The JVs will focus on Eltizam providing the Egyptian market through its ties with Al Ahly Sabbour with integrated facilities management (FM) and community management (CM) services.

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