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Sep 01 2009

Hamptons International Expands to Egypt

DUBAI -- Hamptons International, a leading international real estate services company, has expanded its global network to Egypt with a new sales office in Cairo. Centrally located in the Mohandessin area in Giza City, the office will showcase the global property portfolio of Hamptons and offer customers an array of residential and commercial real estate options.

The opening of the Cairo office is in line with the expansion plans for Hamptons in the Middle East and North Africa, or MENA, region, and follows the company's already strong presence in the United Arab Emirates, with offices in Dubai and Abu Dhabi, and in Oman ?and Morocco.

"The Middle East and North Africa region continues to be one of the strongest property markets despite the global financial downturn, with reports of continued domestic demand. Several countries in the MENA region have been reported to be less vulnerable to the global crisis and continue to fuel their domestic growth through tourism, manufacturing and other economic drivers. The other economies in the region are also showing signs of economic revival, especially with the property sector bottoming out," a spokesperson for Hamptons International said.

© Khaleej Times 2009

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