January 7, 2022

Target for Real Estate Investment resigns from Real Estate Egyptian Consortium’s board

ArabFinance: Real Estate Egyptian Consortium (AREH) announced that Target for Real Estate Investment, Development, Agricultural Reclamation, and Tourism Development and its representative Raafat Mahmoud Abdel Latif Mahgoub have resigned from Real Estate Egyptian Consortium’s board of directors, according to a statement filed to the Egyptian Exchange (EGX).

Target for Real Estate Investment has submitted its resignation from Real Estate Egyptian Consortium’s board on Monday, January 3rd, 2022.

Real Estate Egyptian Consortium is an Egypt-based public shareholding company engaged in the real estate investment sector.

The company focuses on real estate development and general building contracts, such as the construction of hotels and touristic villages, housing complexes, among others.


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