The Arabia Group, a leading investment company in Egypt, has announced its acquisition of a majority stake in Sun Capital, a large-scale residential and commercial development located in 6th of October City.

The compound, which spans over 557 acres, features a range of residential units, retail spaces, and recreational facilities. It is strategically located in close proximity to major highways and transportation hubs, making it easily accessible to residents and visitors alike.

The acquisition by the Arabia Group is expected to bring significant improvements to the compound, including the introduction of new amenities and services, as well as the implementation of advanced technology and sustainability measures.

Commenting on the acquisition, Mr. Tarek Shoukry, CEO of the Arabia Group, said: "We are thrilled to add Sun Capital to our portfolio of investments. This acquisition aligns with our strategy of investing in high-quality assets with strong growth potential. We are confident that our expertise and resources will help unlock the full potential of this development and create value for our investors and stakeholders."

The Arabia Group has a proven track record of successful investments in various sectors, including real estate, hospitality, and healthcare. With this acquisition, the company aims to further expand its presence in the Egyptian market and contribute to the