Memaar Al Morshedy to develop 900-acre mixed-use project in Sahel

Real estate player Memaar Al Morshedy plans to develop a 900-acre mixed-use project on Egypt’s north coast, a company source told Reuters. The project will be designed by Spain’s VDP Design, Egypt’s Raef Fahmy Architects, and US-based Hadid Design. Work on the project will begin in January 2020 and will take four years to complete.