Speaking to Asharq Bloomberg, Alaa Khedr, Chief Executive of Scope Properties — the Egyptian arm of Saudi Arabia’s Al-Suwailem Group — said the company’s first project is the launch of a commercial and administrative mall with total investments of between EGP 4 billion and EGP 5 billion.
The mall forms part of the Mokattam Corniche development, whose total investments amount to EGP 200 billion.
Source: Asharq Bloomberg Egypt — 17 February 2025
