Sumou Al Jazeera Investment” launches ambitious plans in the Egyptian market, targeting diverse real estate projects.
Sumou Al Jazeera Investment Company announced its official launch in the Arab Republic of Egypt, a move reflecting its regional expansion strategy and its openness to diverse investment opportunities within one of the region's most promising markets, particularly given the investment activity and incentives offered by the Egyptian government to both local and foreign investors.
Dr. Abdel Rahman Khalil, Investment Advisor to Sumou Al Jazeera Investment Company, stated that its entry into the Egyptian market represents a foundational phase during which a wide range of investment opportunities across various sectors will be studied and analyzed. The company will not focus on any specific activity at present, and further announcements regarding its activities and projects will be made gradually in the coming period.
He emphasized that Sumou Al Jazeera Investment aims to build a robust investment entity based on portfolio management and the careful study of opportunities according to clear analytical principles. This will ensure genuine added value for investors. The company is currently studying available opportunities in the Egyptian market across various real estate sectors.
He explained that the company's role in the Egyptian market focuses on managing investment portfolios within Egypt by identifying available opportunities in collaboration with developers and relevant authorities. This involves acquiring land from developers or participating in existing projects, then studying and compiling these opportunities and presenting them to investors in a way that aligns with their investment objectives.
He added that Sumou Al Jazeera Investment represents an extension of the expertise of the Omani company Sumou, which enhances its ability to attract investment portfolios from the Gulf countries. This is facilitated by a strong network of relationships and extensive experience in managing diverse investments. He noted that the company is currently working on establishing the necessary organizational structure and operational procedures to begin the actual implementation phase.