AIUD assumes the official sponsorship of Ghazl El Mahalla Football Team

Alexandria for Investments and Urban Development, a subsidiary of the Public Business Sector Ministry’s Holding Co. for Construction and Development, said it will assume the official sponsorship of Ghazl El Mahalla Sporting Club’s Football Team.

Ghazl El Mahalla Football Team is affiliated toPublic Business Sector Ministry’s Misr Spinning & Weaving Mahalla Co..

AIUD said that it is always keen to support all entities and national economic corporations operating in all fields and activities.

Ghazl El Mahalla, founded back in 1936, is one of Egypt’s old sporting clubs in the history of the Egyptian Football whose wide popularity landed it the title of Egypt’s premier league once before. Hence, AIUD has always strived to support the club’s footballteam and qualify it to compete in the football premier league, according to the company.

AIUD expressed its best wishes for Ghazl El Mahalla Football Team in matches it will play in the premier league, hoping it to compete for no less than the title of the league on the backdrop of its wide popularity and astounding record.

Ministry of Public Business Sector upholds a comprehensive strategy with the aim of backing Ghazl El Mahalla Sporting Club which managed lately to play in the premier league, interruptinga five-year absence.

Also, a company serving the Ghazl Al Mahalla Football Team will be incorporated and will hold an initial public offering at the Egyptian Stock Exchange next year.

AIUD eyes more investments to funnel into the Egyptian market and provide prime projects the likes of Smouha Grand View.