The Arabia Group, a leading investment company in Egypt, has announced its acquisition of a majority stake in Sun Capital, a premier residential and commercial compound located in 6 October City.

Sun Capital is a sprawling development that spans over 557 acres and offers a range of residential and commercial properties, including apartments, villas, and townhouses. The compound also features a range of amenities, including parks, lakes, and sports facilities, making it an ideal destination for families and individuals looking for a comfortable and convenient lifestyle.

The acquisition of Sun Capital by the Arabia Group is expected to bring significant benefits to both companies. For Sun Capital, the investment will provide access to the Arabia Group's extensive network and resources, which will help to accelerate the development of the compound and enhance its offerings. For the Arabia Group, the acquisition represents a strategic move into the real estate sector, which is a key growth area for the company.

Commenting on the acquisition, Mr. Ahmed El Adawy, CEO of the Arabia Group, said, "We are delighted to announce our acquisition of Sun Capital, which is a premier residential and commercial compound in 6 October City. This investment is in line with our strategy to expand our presence in the real estate sector and to provide our clients with high-quality properties that meet their needs and expectations. We look forward to working closely with the Sun Capital team to further develop and enhance this exceptional development."

The Arabia Group is a leading investment company in Egypt with a diverse portfolio of investments across a range of sectors, including real estate, hospitality, and healthcare. The company has a proven track record of success and is committed to delivering value to its clients and stakeholders.

Overall, the acquisition of Sun Capital by the Arabia Group is a positive development for both companies and is expected to bring significant benefits to the real estate sector in Egypt. With the Arabia Group's expertise and resources, Sun Capital is well-positioned to continue its growth and success in the years to come.