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Al Ashraf

Al Ashraf

Egypt
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Al Ashraf

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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

AlAshraaf (also known as Memaar Al Ashraaf Real Estate Development Company) is an Egyptian real-estate developer with a documented presence since around 1980 and reportedly spanning multiple generations in the market. The company claims over 230–280 residential, commercial, and mixed-use projects across New Cairo, Obour City, Fifth Settlement, 10th of Ramadan City, and other Egyptian urban areas.

Financial Credibility

Publicly available information does not include audited financial statements or detailed investor funding disclosures; the company is privately held with capital value estimates reported around ~100 million EGP in some local directories. Financial transparency in open sources is limited, with claims of long-term revenue generation tied to project delivery rather than formal institutional backing.

Project Quality

No widely published independent quality assessments were found; available sources emphasize the company’s experience and scope of work rather than third-party construction quality ratings. Promotional material describes diverse project types but lacks external validation from neutral quality auditors.

Legal & Regulatory Standing

Publicly accessible regulatory compliance records or formal licensing documentation for AlAshraaf were not found in open sources. Listings and directories confirm the company’s status as an Egyptian property developer, but clear escrow account compliance or permit records are not publicly visible.

Customer Experience

Some promotional and directory content highlights customer satisfaction and long-term relationships as part of the company’s brand narrative, but independently verifiable, neutral buyer or tenant reviews are not readily available in open sources.

Market Reputation

AlAshraaf appears in multiple local business directories and developer lists as a longstanding Egyptian developer with a breadth of project experience. Independent market reputation indicators such as analyst ratings, awards, or comprehensive consumer sentiment are limited in publicly accessible sources.

Innovation & Sustainability

No publicly available information was found confirming formal sustainability certifications (e.g., LEED/BREEAM) or documented adoption of certified green-building practices for the company’s developments.