Arab Finance: Al Ahly Sabbour Development has reported a 400% year-on-year (YoY) climb in its sales during the first half (H1) of 2024, reaching EGP 25.5 billion up from EGP 6 billion in the same period last year, as per an emailed press release.

This figure is attributed to the success of several projects, notably the At-East project in Mostakbal City and the Summer project on the North Coast.

At-East achieved sales of EGP 7.8 billion in its first phase, nearing its annual target of EGP 8 billion.

The project, with total investments of EGP 35 billion, has seen demand surpass the number of available units for its initial phase.

The Summer project on the North Coast also exceeded expectations, generating EGP 16 billion in sales following the launch of its first phase, surpassing its annual target of EGP 15 billion.

Covering 864 acres, Summer is the largest among Al-Ahly Sabbour’s projects and embodies the company's commitment to creating innovative and luxurious residential communities.