Al Ahly for Real Estate Development was founded in 1994 as a joint stock company based on the Egyptian law 159 of the year 1981. A twenty-five year old venture with its distinguished partner, The National Bank of Egypt (Al Ahly Bank), one of the largest financial institutions in Egypt and the Middle East. The shares are distributed to be 60% for the Sabbour family and the remaining 40% for the bank. Al Ahly-Sabbour today stands as a leading real estate developer in Egypt. We pride ourselves in providing our customers with the ultimate luxury, superb quality and highest level of comfort while keeping paramount environmental standards. We not only build houses but create homes that provide warmth and contentment.
The company’s projects cover a wide geographical area in Egypt ranging from East and West of Cairo moving northwards and southwards to cover areas like the North Coast and the Red Sea.