City Edge reaches USD13.9m sales

The Egyptian City Edge Developments has generated USD13.9 million in sales from the marketing of the first phase of its residential project Etapa in Sheikh Zayed City.

The company is looking to make the sales reach 500 million pounds by the end of the first quarter of this year, along with one billion pounds by the end of it.

Speaking to Amwal Al Ghad, chief executive Amr El Kady stated "the residential project is being carried out on a space of 77 feddans in various spaces, with total initial investments estimated at around two billion pounds."