Al Ahly Sabbour signs EGP 5 bn agreement with the Urban Communities Authority to develop 6th of October’s Keeva

Real estate developer Al Ahly Sabbour has signed an agreement with the New Urban Communities Authority worth an estimated EGP 5 bn to develop the Keeva compound in Sixth of October, Al Mal reports. Company chairman, Hussein Sabbour, said that the compound will be built across 144 acres in four stages to deliver 1,138 housing units by the second half of 2023. Only 18% of the compound will be allocated for two-storey residences, and the remaining 82% for green spaces, lakes, entertainment venues and roads.