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FINANCIAL NEWS
Jumierah, Sakan Developments to launch USD 1.68bn beach project
14 Jul 2016
(MENAFN) Jumierah Real Estate Investment & General Trading Co. and Sakan Developments proclaimed the launch of Jumierah Bay Ras El Hekma project.
Furthermore, the project will be built on 6 square meters with investments of more than USD1.68bn, and will contribute to revitalizing the tourism real estate sector in Egypt.
On the other hand, the project contains of three phases and seven diverse residential areas, while the first phase consists of 980 units.
In addition, it also features a waterfront and a panoramic view of the sea and a 2,000 meter long beach, while it will offer thousands of job chances.
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