Egypt’s property developer Orientals for Urban Development (OUD), affiliated to Oriental Weavers, reported on Sunday 550 million Egyptian pounds ($30.8 million) worth of first half contractual sales.
The company seeks to post full-year contractual sales of 1.3 billion pounds from its flagships, said OUD’s chairman Asser Hamdy on Sunday.
“The company is planning to launch two new projects within the second half of the year,” Hamdy told Amwal Al Ghad.
