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AL AHLY ONE OF THE PIONEERS OF REAL ESTAE
DEVELOPMENT
HUSSAIN SABOUR
الأهلي للتنمية العقارية
AL AHLY FOR REAL ESTATE DEVELOPMENT
Under the slogan ‘Building a Better Life’, Al Ahli Real Estate
Development lunched projects between tourism, commercial and residential
projects.
Al Ahli Real Estate Development one of the leading real estate development
companies in the world of construction and construction throughout the
Arab Republic of Egypt – from Cairo to the Red Sea and the North Coast.
AI Ahli Real Estate
Development was established in 1994 by Hussain Sabour, Chairman
ofthe Board of Directors, which owns 600% of thecompany and the
remaining 40% of the National Bank of Egypt. Ahmed Sabour is one of the
founders andmanaging director of the company .
Al Ahly Real Estate Development is the largest developer in Al-
‘Mostakbal’ city, where 4 projects have been implemented in the city
including the Green Square project, which is located on an area of 80 acres
in partnership with Dar Al-Maali in Saudi Arabia’s, the project ‘L’Avenir’ is
located on 100 acres, Al Ahly alsosigned a partnership with Al-Mostakbal
for UrbanDevelopment, the owner and the general developerof Al-
Mostakbal’ for the development of a project onan area of 578 acres .
I the northern coast, the company completed the implementation of then
first and second stages of the Amwaj project, and some 99% ofthem were
completed along with all the unitsof the third phase. The company is
currently carrying out the construction of the fourthphase,which is built on
80 acres and the license took 6 years,