Interviews

imported 2024-03-17 17:43:07

Riyadh Towers: SAR 450 million Project Slated for 2016

Dr Mohammed A. Al-Ajlan, CEO of Ra-yek Real Estate
In real estate, we have many companies, one of which is Ra-yek Real Estate. We have developed many projects including Sky Towers and Nakheel Towers. We are working on another project, which will be the Riyadh Towers, and is due to begin construction in 2015 or early 2016 and should be concluded by 2017.

Moussa family and the United Holding Company, a success story from Egypt

“Our best approach to achieve our goals quickly was to enter a partnership with a large, leading multinational company. Our first partnership was with BASF of Germany. We then entered a partnership with St. Gobain, for gypsum. We are looking to invest and make up for the 2 or 3 years when we didn’t do anything. For 2015, we have a big program of investment.”

Asset management in Egypt is in its early stages – Waha Portfolio Management

“The asset management business in Egypt is not very familiar. It has a lot of potential to expand over the coming years, because it is very small, but it is growing rapidly, but it is still in its early stages. The growth in assets in the company has a very high percentage. Since the last 3 to 4 years, some companies have grown by 50 % to 70% percent annually.”

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