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THE ARABIAN GROUP FOR INVESTMENT AND REAL ESTATE DEVELOPMENT CO.

The Arabian Group for Investment and Real Estate Co. is a closed shareholding company in which NFIC holds a 51% stake.

The Company has real estate holdings in the Arab Republic of Egypt consisting of: a real estate project with an area of 22 Fadans in 6 Oct City on which the Company intends to build a commercial mall and an upscale residential villa compound, the preliminary designs for this location have been completed. The Company also owns a 100 Fadan plot in A Aleman which is intended to be developed as an agricultural project. In addition to the above the Company owns an 868 m² plot of land in '6 October' City which is slate to be built as a residential building.



 

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