Arab Real Estate Investment Co SAE operates in the Apartment building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Arab Real Estate Investment Co SAE with three other
Real estate operators in Middle East:
Egyptians for Housing & Development Reconstruction Company SAE
sales of 50.62 million Egyptian Pounds [US$3.22 million]
Aqar Real Estate Investments Co KSCP
(1.05 million Kuwaiti Dinars [US$3.48 million]
Almehanya for Real Estate Investments and Housing Co PSC
based in JORDAN
(1.66 million Jordanian Dinars [US$2.34 million]
Sales levels dropped significantly in the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Arab Real Estate Investment Co SAE totalled
6.87 million Egyptian Pounds.
This is a drop of 42.0%
from the 11.85 million Egyptian Pounds in sales at the company during the second quarter in 2020.
During the first two
quarters of 2021, sales totalled 16.38 million Egyptian Pounds, which is
than through the first two quarters of 2020.
Arab Real Estate Investment Co SAE reported sales of 42.36 million Egyptian Pounds (US$2.70 million)
December of 2020.
increase of 6.0%
versus 2019, when the company's sales were 39.98 million Egyptian Pounds.
Despite this increase, sales are still
below the level achieved in 2018, when Arab Real Estate Investment Co SAE
reported sales of 44.98 million Egyptian Pounds.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Arab Real Estate Investment Co SAE had sales
of 38.86 million Egyptian Pounds.