Business Loop Intl contracted with Al Khaleej Development to provide management and development solutions for the company’s projects in the framework of its plan to contract with leading companies in field of managing and developing real estate projects.
Mostafa Saeed, CEO of Business Loop Intl, said that this contract is part of the company’s plan to expand in real estate market and cooperate with more serious and distinguished real estate developers in Egyptian market.
Saeed added that his company owns a portfolio of diversified projects that it manages, and includes commercial, administrative and recreational projects, besides, a residential compound.
He pointed out that Al Khaleej Development is characterized by the variety of its investment portfolio and its strong precedent in real estate market, which is characterized by its diversity of residential, commercial, administrative, medical, educational projects. The cooperation aims to maintain Al Khaleej’s projects quality and their investment value, clients’ investments. The company’s project portfolio includes about 11 projects, most notably Zad Mall in Sadat city, Sentrada project in Sheikh Zayed city, and Green Golf compound.
Business Loop Intl aims to expand its customer base in local market, especially with the scale of the comprehensive urban development that Egypt is currently witnessing and includes promising investment opportunities in different fields for all companies and investors, including real estate sector, he noted.
“With Egypt’s urban development and the need to preserve it, the role of project management and facility management companies became very important to reserve real estate wealth,” he disclosed.
Ayman Abu Zaid, board member of Al Khaleej Development, said that the company seeks to provide high-quality real estate products, which prompted it to choose companies that have long and distinguished experiences in all development phases of these projects.
Abu Zaid pointed out that real estate market needs new and innovative ideas that the company aims to achieve in the coming period.
He disclosed that Business Loop Intl is specialized in providing consulting, logistical and facilities management services and studying needs of new facilities, including the management of franchises for investors.
“Our company was chosen due to its extensive experience in Egypt and Gulf countries, where it has succeeded in providing its services to many major companies working in field of property development and infrastructure works, as well as, providing services to many governmental and private institutions, thanks to its keenness to provide the best quality to its customers,” he concluded.