Al Ahly For Real Estate Development company was founded in 1994, a joint stock company according to the Egyptian law section 159 for year 1981. The company partners are The National Bank of Egypt, which is the largest bank in the Middle East and was established since 1898. The bank has a share of 40% and the other 60% is by the Sabbour Family. The Chairman of the company is Eng. Hussein Sabbour, who is known for establishing one of the first engineering consultancy firms in Egypt and turning it into a prominent real estate business that exists today. The projects range all over Egypt from the city and its outskirts all the way to the Red Sea and North Coast. Al-Ahly works in many different real estate sectors commercial, residential, and touristic.
To dare to see things big and dream of an even brighter future is what makes Al-Ahly Real Estate Development company a true giant.