New Event Developments has announced the launch of a residential project in the New Capital

this April, covering an area of 38 feddans. The project highlights the company’s accelerated growth and

expansion strategy while strengthening its real estate portfolio in East Cairo.

Coinciding with the announcement, the company launched a large-scale outdoor advertising

campaign across major streets and prominent squares in Greater Cairo to promote the project launch, reflecting

its commitment to reaching a wide audience of investors and potential clients.

Strategic Vision for Sustainable Growth

Dr. Hamid Al Rgwy, Chairman of New Event Developments, stated that the project is part of the company’s

carefully planned expansion strategy aimed at capturing promising investment opportunities

in the Egyptian market.

He emphasized that selecting the New Capital for expansion demonstrates confidence in the area’s strong

investment potential, highlighting that expansion is not merely about increasing project numbers

but rather a strategic, value-driven approach focused on developing sustainable, long-term assets.

Developing Fully Integrated Urban Communities

Dr. Al Rgwy explained that the company focuses on creating fully integrated urban communities

that combine smart planning, diversified mixed-use offerings, and high execution standards, ultimately

enhancing project competitiveness and maximizing returns for clients.

He added that New Event Developments is progressing along two parallel tracks: launching

innovative projects in promising locations, while maintaining strong construction progress in

existing developments to ensure timely delivery and reinforce customer confidence.

Significant Progress Across Current Projects

Dr. Al Rgwy revealed that the company has achieved substantial progress in its current projects.

The concrete structure of H Mall has been fully completed, with finishing works underway.

The structural framework of the Trave project has reached approximately 75% completion.

Excavation works for Qamari are finished, and construction has now commenced.

He emphasized that the company’s strong execution capabilities highlight the resilience of its

operational framework, supporting upcoming expansion plans and the pursuit of new investment

opportunities that align with market needs and client expectations.

Commitment to Quality and Real Estate Excellence

Concluding his remarks, Dr. Hamid Al Rgwy affirmed that New Event Developments is committed

to enhancing its presence in the Egyptian market by delivering exceptional, high-quality

urban projects, rather than focusing solely on traditional real estate developments.

The company continues to aim for excellence and sustainability in every project it launches.