رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

14 يناير 2026

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رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

الوسم: alekhbaryia

Brouq Developments Partners with Azure Architects for New Luxury Project in New Cairo

Posted on by doha

 In a strategic move to enhance the design and quality of its upcoming project

Brouq Developments has announced a formal agreement with Azure Architects

led by renowned architect Eng Omar Okeil, to lead the architectural design for its latest

 Brouq Developments residential-hotel development in New Cairo

The agreement marks a significant step forward in Brouq’s vision of delivering high-value

real estate projects in Egypt that meet global standards in innovation, design, and sustainability

Agreement Signed to Set the Foundation for a Smart and Sustainable Project

The signing ceremony was attended by Eng Ibrahim El-Said, Chairman of Brouq Developments

and Eng Omar Okeil, Chairman of Azure Architects, along with Eng Islam Nabil, Deputy

Head of Azure, and senior officials from both companies

Speaking at the event, Eng. Ibrahim El-Said emphasized that this partnership reflects

Brouq’s ongoing commitment to working with leading architectural firms in Egypt to deliver

projects grounded in smart design principles and sustainable development goals

We believe that the strength of any real estate project starts with its planning

and architectural vision,” said El-Said “Partnering with Azure Architects known for their

creativity and technical excellence will help us bring to life a project that not only meets

market demand but also elevates the real estate landscape in New Cairo

New Cairo Project to Feature Fully Finished Residential Units and Serviced Hotel Apartments

Brouq Developments is set to unveil its newest project in Fifth Settlement, New Cairo

a mixed-use residential and hospitality development that promises to combine elegant

living spaces with premium serviced hotel units

The project will feature

Fully finished apartments in a variety of sizes

A high-end hotel component with luxury serviced residences

Prime location in one of New Cairo’s most vibrant neighborhoods

In line with its commitment to quality, Brouq has also signed agreements with

Trust Engineering Consultancy for initial project studies and feasibility analysis

KEM Consultant Group as the mechanical works consultant

These collaborations are aimed at ensuring that the development is executed

to the highest engineering and technical standards

Azure Architects Brings a Legacy of Landmark Projects in Egypt and the Region

Commenting on the collaboration, Eng Omar Okeil, Chairman of Azure Architects, said

Working with Brouq Developments aligns with our approach of partnering with visionary

developers who are dedicated to delivering exceptional real estate projects to the Egyptian market

He highlighted Azure’s strong portfolio in New Cairo, which includes

Lake View

Lake View Boutique Villas

Lake View Residence

Downtown Mall (Fifth Settlement)

Dusit Hotel

Mangroovy Hotel

Okeil also noted the firm’s involvement in several prestigious projects across

the MENA region, including

Hilton Hotel

Burj Al Arab

Dusit Hotel

Design Excellence at the Core of Brouq’s Upcoming Development

Eng Islam Nabil, CEO of Azure Architects, stressed the firm’s focus on delivering

integrated design solutions that merge aesthetic appeal with functional efficiency

At Azure, we prioritize architectural designs that balance elegance with the practical

needs of the space Our team is currently developing a design concept for Brouq’s

project that will embody the company’s values and market presence, while maintaining

Brouq Developments our design signature locally and globally

Maqam for Urban Development Breaks Ground on Optima Business Complex in New Administrative Capital

Posted on by doha

Maqam Launches Construction Works at Strategic Downtown Location

Maqam for Urban Development has officially commenced construction on its latest

commercial and administrative project, Optima Business Complex, located in the Downtown

area of the New Administrative Capital This move aligns with the company’s strategic

commitment to deliver high-quality real estate developments within the agreed timelines

reinforcing its credibility and leadership in the Egyptian real estate sector

Commitment to Quality and Timely Delivery

Ahmed Hussein, Chief Marketing Officer at Maqam for Urban Development, emphasized

the company’s dedication to setting new standards in construction quality and project delivery

He highlighted that timely execution is not only a business requirement but a core value that

builds trust among clients and investors

Hussein added that Maqam is working closely with specialized partners across various

sectors to ensure that every phase of the Optima Business Complex adheres to top-tier

quality standards We meticulously select our project collaborators to reflect our mission

of creating landmark developments that make a lasting impact in the Egyptian real estate

market he stated

Project Overview: Optima Business Complex

Located on plot MU-46, the Optima Business Complex spans an area of 2,400 square

meters in the heart of Downtown The project is designed to offer

32 commercial units, each averaging 45 sqm

157 administrative units, also averaging 45 sqm

A total of 13 floors offering mixed-use functionality

Prime Investment Opportunity in New Capital

Maqam for Urban Development With its strategic location in Downtown, the Optima

Business Complex is positioned

as a high-potential investment for entrepreneurs and business owners looking to

capitalize on the growing demand for commercial and administrative spaces in

the New Administrative Capital

Hussein noted that the project design and integrated services aim to ensure maximum

operational efficiency, while offering high returns on investment (ROI) for clients

Koun by Mabany Edris Sets a New Standard for Luxury Living on Egypt’s North Coast”

Posted on by maryem

Mabany Edris Strengthens Its Presence in Egypt’s North Coast Mabany Edris Real

Estate Development has reinforced its leading position in the Egyptian property market

through its flagship Koun Project in Ras El Hikma, part of Egypt’s thriving North Coast.

Known for delivering high-quality projects with exceptional implementation rates,

the company continues to attract elite clients and investors looking for luxury living

and secure investments.

Koun: A Landmark Development in Ras El Hikma

Occupying 110 feddans of premium beachfront land at kilometer 201

of the Alexandria–Matrouh Road, Koun enjoys a unique elevation of up to 34 meters

above sea level, giving most units unobstructed views of the Mediterranean and

internal lagoons.

The project includes over 1,500 residential units — from cozy one-bedroom chalets

to spacious three-bedroom apartments, penthouses, twin houses, townhouses,

and standalone villas. All homes are delivered fully finished with contemporary designs

that balance elegance and functionality.

Rapid Construction and Strong Investment Appeal

With a planned investment exceeding EGP 15 billion, Mabany Edris is accelerating

the pace of development.

The company has already launched hundreds of fully finished model units,

which received strong market feedback for their high-end finishes and efficient layouts.

Construction has achieved significant progress, reflecting the company’s ability to

meet delivery timelines. The first phase handovers are scheduled to begin in 2027,

supporting the project’s target sales of more than EGP 12 billion.

A Diverse Portfolio Beyond the North Coast

Beyond Koun, Mabany Edris has delivered landmark developments across Egypt,

including:

ONS New Zayed in Sheikh Zayed City — an upscale residential community spanning 84 feddans.

Central Avenue in Sheikh Zayed — a vibrant mixed-use commercial and medical complex.

Rufaidah Medical Complex — an advanced healthcare hub serving West Cairo.

Asayla in New Assiut — the first luxury villa compound in Upper Egypt.

With over 25 years of experience, Mabany Edris continues to deliver projects

that combine quality, innovation, and long-term value, enhancing Egypt’s real estate

landscape across residential, commercial, administrative, and medical sectors.

Koun

Schneider Electric and Enactus Collaborate to Empower Egyptian Youth for a Sustainable Energy Future

Posted on by doha

In celebration of International Youth Day, Schneider Electric reaffirms its commitment

to supporting Egyptian youth innovators through enhanced collaboration with Enactus

fostering sustainable development and clean energy innovation.Empowering Young

Innovators for a Sustainable Energy Future

Schneider Electric, a global leader in energy management and automation digital

transformation, marks International Youth Day by renewing its strategic partnership

with Enactus This alliance aims to equip young university entrepreneurs and social

innovators in Egypt with essential skills, resources, and opportunities to lead the energy

transition and contribute to a sustainable future

As part of the Youth Impact Through Learning initiative, Schneider Electric offers lifelong

learning programs focused on future-ready skills This initiative empowers youth to play

an active role in accelerating Egypt’s clean energy transformation and sustainability efforts

Impactful Programs: Enactus Core and Battery Innovation Challenge

For the second consecutive year, Schneider Electric has supported the Enactus Core

Program, engaging more than 63 university teams, with 30 teams competing in the

national competition Over 55 Schneider Electric volunteers provided expert mentorship

while 21 mentors guided teams through project development, and 25 judges evaluated

the best business solutions This program has successfully empowered 9,242 university

students, inspiring entrepreneurial thinking and innovative sustainable solutions to address

pressing local challenges Additionally, the newly launched Enactus Battery Innovation

Challenge tasked 14 university teams with developing clean technology applications using

eco-friendly battery innovations. With guidance from four Schneider Electric mentors

and comprehensive technical training, participants created prototypes aimed

at benefiting underserved communities Three winning teams demonstrated strong

potential for real-world impact, positively affecting over 3,000 beneficiaries

Global Reach of Schneider Electric’s Youth Education & Entrepreneurship Program

These achievements are part of Schneider Electric’s global Youth Education & Entrepreneurship

program, established in 2009 and supported by the Schneider Electric Foundation The program

has reached youth in over 60 countries, training one million young people in energy

management ahead of schedule, according to the Schneider Sustainability Index (SSI 11)

In the Middle East and Africa, over 106,405 youth have been equipped with technical, digital

and entrepreneurial skills, alongside climate awareness and innovation leadership

contributing to a greener, more inclusive economy

Leadership Perspectives on Youth Empowerment and Sustainability

Sebastien Riez, CEO of Schneider Electric Northeast Africa and Levant, emphasized

the program’s impact Our partnership with Enactus is a catalyst for youth-led innovation

bridging skills gaps and fostering practical solutions that drive Egypt’s low-carbon energy

transition By investing in young talent, we are shaping a more resilient and sustainable

future aligned with global sustainability goals

Asmaa ElShiemy, Sustainability Manager at Schneider Electric Northeast Africa and Levant

highlighted the outcomes The creativity and resilience of Egyptian youth in these programs

have been remarkable Through expert mentorship and evaluation, we help turn innovative

ideas into tangible community benefits, building local capacity and preparing future leaders

for an inclusive energy transition

Schneider Electric’s purpose is to empower everyone to optimize energy and resource use,

bridging progress and sustainability—embodied in its motto, Life Is On As a global digital

partner, Schneider Electric drives sustainable and efficient energy transformation across

homes, buildings, data centers, and industries through cutting-edge technologies including

IoT and AI With a workforce of over 150,000 employees and a vast partner network

spanning 100+ countries, champions diversity, inclusion, and innovation

to create a sustainable future for all

Rock Developments Sells EGP 500 Million in Rock Green Units Within 48 Hours of Launch

Posted on by doha

Rock Developments has announced a major milestone for its newest project

Rock Green, with EGP 500 million in sales secured within just 48 hours

of launching the project’s first phase This rapid success reflects the significant

customer demand and strong market confidence in the Rock Developments brand

 A Vision of Trust and Value Drives Rock Green’s Success

Eng Emad Doss, Managing Director of Rock Developments, stated that the overwhelming

success of Rock Green’s initial phase is a testament to the company’s strategic focus

on building long-term trust with customers

Our approach is grounded in a journey of trust We remain committed to delivering

exceptional projects at competitive prices, and this is what drives our strong

relationship with buyers said Doss

 Prime Location and Modern Living Attract Investors

Rock Green is strategically located just

1 minute from Suez Road

3 minutes from El Shorouk City

7 minutes from Madinaty

15 minutes from Fifth Settlement

30 minutes from Cairo International Airport

It also enjoys proximity to key landmarks like Belvedere School, the International

Medical Center, and Royal Hospital This prime location significantly contributes

to the project’s investment appeal for buyers seeking modern residential compounds near Cairo

 85% Green Spaces: A Lifestyle-Centered Residential Experience

Spanning three phases, Rock Green offers a balanced blend of luxury and nature

The development features 466 residential units ranging from 116 to 236 sqm

40 private villas

Over 85% of the total land area dedicated to green spaces, offering residents

a lifestyle rooted in serenity and wellness

This design philosophy aligns with growing demand for green residential

compounds in Egypt, catering to both families and investors seeking long-term value

 Architecture Backed by Expertise and Innovation

The design of Rock Green was led by Eng. Parthina Doss, Board Member

at Rock Developments, whose architectural background and expertise played

a vital role in shaping the project

Every detail from the layout to the landscape was carefully considered to matc

the expectations of modern homeowners and real estate investors in Egypt

 Rock Developments: A Name Built on Quality and Timely Delivery

According to Doss, the high level of interest in Rock Green reflects the trust that Rock

Developments has earned over the years through consistent quality, commitment

and timely delivery He emphasized that this strong reputation continues to drive customers

to invest in the company’s offerings, knowing they’re securing real value

a combination of

Exceptional architectural design

Strategic location

Competitive pricing

 Conclusion: Rock Green Sets a New Standard in Egypt’s Real Estate Market

With Rock Green, Rock Developments once again demonstrates its ability to deliver

high-demand real estate projects that meet the evolving needs of the Egyptian market

The remarkable sales achieved within two days highlight a growing appetite for modern

lifestyle-oriented residential communities especially those that offer both

investment potential and quality of life

OPPO and The Maker Expand Nationwide Youth Football Program with Season Two of Dream League

Posted on by doha

 Football in Egypt is more than a sport it’s a dream, a passion, and a way of life

Building on this cultural foundation, OPPO Egypt in partnership with The Maker

Football Academy proudly announces the launch of Season Two of The

Maker x OPPO Dream League, a nationwide youth football initiative dedicated

to empowering young football talents across Egypt. This season aims to impact more

than 600 aspiring footballers from multiple Egyptian cities by providing expert training

mentorship, and pathways to elevate their football careers

Successful First Season Unveils Raw Football Talent Across Egypt

Just six months ago, OPPO Egypt and The Maker launched this ambitious project with a vision

that talent exists everywhere but needs real opportunities to flourish. The first season

successfully engaged 53 schools and supported 160 youth teams, uncovering promising

young players filled with passion and determination. Building on this success, Season Two

expands to new cities including Ismailia, Port Said, Port Fouad, Damietta, and Suez

offering free open trials for boys born between 2010 and 2018, alongside structured

training programs and professional mentorship.Comprehensive Football Development

Programs to Nurture Skills and Character

The Maker x OPPO Dream League goes beyond traditional youth football tournaments

by offering a holistic development platform. Participants receive not only technical

football training but also guidance on mental strength, discipline, education, and social

inclusion This initiative reflects OPPO’s long-term commitment to supporting Egypt’s youth

and building a sustainable legacy in football development

OPPO Egypt: “Make Your Moment” – Inspiring Youth to Pursue Their Passion

Raghda Amer, PR Manager at OPPO Egypt, said

“Our global strategy extends beyond technological innovation We aim to develop

technology that genuinely connects with people and integrates seamlessly into their

daily lives. We believe that shaping the future starts with living the present to the fullest

That’s why ‘Make Your Moment’ is more than a slogan it’s an invitation to be authentic

follow your passion, and transform everyday moments into extraordinary achievements

As a global partner of UEFA, OPPO’s dedication to football goes beyond sponsorship

emphasizing social impact and youth empowerment across Egypt

Join The Maker x OPPO Dream League – The Gateway for Future Football Stars

OPPO Egypt Young players across Egypt are encouraged to join the free trials and take part in this

life-changing football program With ready stadiums and a strong support system

The Maker x OPPO Dream League stands as the ultimate platform to nurture

the next generation of Egyptian football legends

At OPPO, it’s not just about powering phones it’s about powering dreams

Mountain View Leads Egypt’s Property Sector with Unprecedented EGP 65 Billion in H1 Sales

Posted on by doha

Mountain View, a leading real estate developer in Egypt, has announced record

breaking sales of EGP 65 billion in the first half of 2025, with EGP 45 billion

generated in Q2 alone This remarkable growth underscores the company’s strong

market position and increasing demand for its integrated, high-quality communities across Egypt

71.5% Year-Over-Year Growth Reflects Market Confidence and Strategic Expansion

Compared to H1 2024, where Mountain View achieved EGP 37.9 billion in sales

the 71.5% increase in H1 2025 reflects both the company’s aggressive expansion

strategy and the growing confidence of investors and buyers in Egypt’s real estate sector

This impressive performance cements Mountain View’s status as one of the top real

estate developers in Egypt

EGP 18 Billion Allocated for Construction in 2025 and 2,000 Units Delivered

In alignment with its strategic vision, Mountain View has allocated EGP 18 billion for

construction in 2025, reinforcing its commitment to delivering on its promises with the

highest standards of quality and innovation. During the first half of 2025, the company

successfully delivered 2,000 residential units across multiple projects, showcasing

its execution capabilities and delivery efficiency

Flagship Projects Break Records: Plage and LVLS Lead the Way

Mountain View’s latest coastal project, Plage in the North Coast, surpassed

EGP 7 billion in sales in record time, setting a new benchmark in Egypt’s luxury

coastal real estate market Similarly, the LVLS project achieved EGP 2.5 billion

in sales within just 24 hours of launch, reflecting the strong demand and market

appetite for premium real estate developments by Mountain View

Leadership Commentary: A Vision for Sustainable, Long-Term Growth

Eng Wael Ezz, Co-CEO of Mountain View, stated“Achieving EGP 65 billion in sales

in H1 2025 is a clear reflection of our leadership in the

Egyptian real estate market Our strategy is built on sustainable growth, trust, and innovation

We remain committed to expanding our footprint, delivering world-class communities

and contributing to Egypt’s national economy

Eng Wael Lotfy, Co-CEO, added“These exceptional results validate our vision and

expansion strategy Mountain View

is actively driving economic growth, creating jobs, attracting investments, and positioning

Egypt as a competitive player in real estate exports

A Proven Track Record with Eyes on Regional Expansion

Over the last two decades, Mountain has developed more than 20 diverse

projects in key locations including East and West Cairo, as well as along the Red Sea

and Mediterranean coasts This consistent delivery has reinforced its reputation

as a trusted real estate developer in Egypt

In 2024, Mountain View expanded regionally with the launch of Mountain View KSA

in partnership with top real estate developers in Saudi Arabia, marking a strategic move

toward regional leadership

Founded in 2005, Mountain View is a premier Egyptian real estate development

company with a mission to build integrated urban communities based on the principles

of happiness, innovation, and sustainability With a portfolio of over 20 projects across

West Cairo, East Cairo, and coastal destinations, Mountain View is redefining urban living

in Egypt and the region The company is also known for launching The Lighthouse

 the first destination dedicated to community happiness

Ericsson and CSPs Finalize Aduna Joint Venture to Revolutionize Global Network APIs

Posted on by doha

Ericsson (NASDAQ ERIC) has announced the successful completion of its equity

investment deal with twelve leading global communication service providers (CSPs)

officially establishing Aduna as a 50:50 joint venture. The new venture aims to aggregate

and sell network Application Programming Interfaces (APIs) worldwide

enhancing collaboration and innovation across the telecom industry

Aduna Becomes a 50:50 Joint Venture with Global CSP Leaders

Since its official launch on September 11, 2024, Aduna has been operational

as a collaborative platform owned equally by Ericsson and a consortium of twelve

major CSPs These include some of the biggest names in telecommunications

AT&T

Bharti Airtel

Deutsche Telekom

KDDI

Orange

Reliance Jio

Singtel

Telefonica

Telstra

T-Mobile

Verizon

Vodafone

Ericsson holds 50% ownership in Aduna, while the twelve CSPs collectively own

the remaining 50%, marking a significant step in joint telecom innovation

Building a Robust Ecosystem for Network API Integration

The Aduna ecosystem combines expertise from a wide range of industry leaders, including

Global communication service providers (CSPs)

Major developer platform companies

Global system integrators (GSIs)

Communication Platform as a Service (CPaaS) companies

Independent Software Vendors (ISVs)

Notable partners contributing to Aduna’s ecosystem include e&, Bouygues Telecom

Free, CelcomDigi, Softbank, NTT DOCOMO, Google Cloud, Vonage, Sinch, Infobip

Enstream, Bridge Alliance, Syniverse, JT Global, Microsoft, Wipro, and Tech Mahindra

This extensive network accelerates the development and global reach of network APIs

Ericsson’s Global Network Platform Powers Aduna’s Innovation

Ericsson’s contribution of its global network platform underpins Aduna’s ability to build

 refine, and deliver cutting-edge network API services. The joint venture leverages

Ericsson’s technological infrastructure to enhance API accessibility, streamline telecom

operations, and improve developer engagement on a worldwide scale

Executive Insight: Accelerating Global API Adoption

Anthony Bartolo, CEO of Aduna, highlighted the significance of this milestone

Closing the transaction marks a critical step forward Within just ten months

we’ve built an impressive ecosystem encompassing the top telecom and ICT players globally

This achievement energizes Aduna to fast-track the adoption of network APIs among

developers worldwide and attract more telecom operators to join our platform, ultimately

advancing the industry and enriching the developer experience

Expanding Collaboration to Drive Telecom Innovation

Beyond the founding partners, Aduna continues to broaden its ecosystem through

strategic technology and collaboration partnerships worldwide. By integrating a diverse array

of CSPs, developer platforms, GSIs, CPaaS providers, and ISVs, Aduna aims to transform

the telecom landscape with scalable and interoperable network APIs

Yalla Group Achieves AED 618 Million Revenue in H1 2025 with Strong User Growth in MENA

Posted on by doha

Dubai, UAE Yalla Group Limited (NYSE YALA), the largest online social networking

and gaming company in the Middle East and North Africa (MENA), has announced

robust financial results for the second quarter of 2025 The company reported revenues

of AED 310.7 million (US$84.6 million) in Q2, marking a 4.1% year-on-year growth

and a significant net income increase to AED 134.1 million (US$36.5 million)

For the first half of 2025, Yalla Group’s revenues reached AED 618.8 million, with

net income hitting AED 267.7 million, highlighting sustained growth and operational excellence

Growth Driven by Operational Efficiency and User Expansion

Yalla Group’s net margin rose to 43.2% in Q2 2025, driven by enhanced operational

strategies and cost efficiencies. The number of Monthly Active Users (MAUs)

climbed by 8.8%, reaching 42.4 million compared to 39.0 million in Q2 2024

a testament to Yalla’s growing ecosystem in the MENA region

CEO Yang Tao: Focus on Sustainable and Scalable Growth

Yang Tao, Founder, Chairman, and CEO of Yalla Group, expressed pride in the

company’s latest achievements

We delivered another strong set of results in Q2 2025, with revenues surpassing

the high end of our guidance Through optimized user acquisition strategies and

improved internal processes, we increased our net margin and drove efficient growth

Tao emphasized Yalla’s commitment to the MENA region’s digital transformation

“We were among the first to explore online entertainment in MENA Over a decade

, we’ve grown from a team of six to more than 800, serving over 40 million users

Our product strategy focuses on scalable, long-lifecycle offerings backed by sustainable

business models

Looking ahead, Tao confirmed plans to strengthen gaming strategies

expand external partnerships, and diversify Yalla’s product portfolio

allowing the company to explore broader game genres and deepen market understanding

President Saifi Ismail Highlights Strategic Initiatives and Community Engagement

Saifi Ismail, President of Yalla Group, attributed the strong performance to the

company’s resilient business model and engaged user base

Our financial results underline our ability to achieve sustainable growth while

delivering value across the MENA region

He also spotlighted key marketing campaigns and strategic collaborations

that fueled user engagement

A co-branded Yalla Ludo campaign with the Dubai Department of Economy

and Tourism, integrating Dubai’s cultural landmarks into gameplay

Celebrations for Yalla’s 9th anniversary, which set new records for gold coin

consumption on the platform

These initiatives strengthened our community bonds and reinforced our market

leadership, Ismail added

Future Outlook: Innovation, Expansion, and Social Impact

Looking forward, Yalla Group plans to

Enhance its product portfolio with innovative, localized offerings

Deepen regional and international partnerships

Drive social impact through meaningful user experiences

“We’re committed to creating a dynamic digital ecosystem that caters to MENA’s

evolving entertainment and social networking needs,” said Ismail

About Yalla Group Limited

Yalla Group Limited is the leading MENA-based online social networking

and gaming platform, ranked by revenue in 2022. The company operates popular

apps such as Yalla, a voice-centric group chat platform, and Yalla Ludo, which offers

localized casual games with in-game voice chat

The company’s expanding ecosystem includes

YallaChat – Instant messaging tailored for Arabic users

WeMuslim – Supporting religious observance for Arabic-speaking users

Yalla Baloot and 101 Okey Yalla – Localized casual games for regional communities

Yalla Parchis – A Ludo game customized for South American users

Through Yalla Game Limited, the company is also making strides in mid-core and hard

core gaming, capitalizing on its deep MENA market insight

Madinet Masr Capitalizes on Market Growth with Outstanding H1 2025 Performance

Posted on by doha

Madinet Masr, a leading real estate developer in Egypt, announced its consolidated

financial results for the first half (H1) of 2025, ending on 30 June The Company

achieved record-breaking contracted sales of EGP 21.3 billion, alongside revenues

of EGP 4.8 billion and a net profit of EGP 1.3 billion, demonstrating continued growth

across its operations and project portfolio

Key Financial and Operational Highlights – H1 and Q2 2025

Contracted Sales Growth

Madinet Masr reported EGP 21.3 billion in gross contracted sales during

H1 2025, a 1.1% increase year-on-year. Notably, Q2 2025 contributed EGP 10.0 billion

marking a 65% surge compared to the same period in 2024. This growth reflects robust

demand for the company’s newly launched projects

Strong Delivery Performance

The Company delivered 521 residential units in H1 2025, representing an 86.1% increase

year-on-year In Q2 alone, 288 units were delivered, a 105.7% increase compared to Q2 2024

Revenue Expansion

Madinet Masr generated EGP 4.8 billion in total revenue during H1 2025, reflecting

a 7% year-on-year growth Q2 revenue came in at EGP 2.2 billion, a significant 59.1%

year-on-year increase, driven by successful project execution and high sales volumes

EBITDA and Profitability

H1 2025 EBITDA reached EGP 1.7 billion, with an EBITDA margin of 35.7%Despite

a normalization compared to the previous year, Q2 2025 EBITDA grew

77.6% YoY to EGP 666.4 million, with margin improvement to 29.9%

Net profit for H1 2025 stood at EGP 1.3 billion, while Q2 saw a 76.2% year-on

year increase, reaching EGP 488.4 million, highlighting a rebound in profitability

Balance Sheet and Cash Flow Highlights

Healthy Cash Position

As of 30 June 2025, Madinet Masr held EGP 4.6 billion in cash and equivalents

with total debt of EGP 4.2 billion, resulting in a net cash position of EGP 352.9 million

The net debt-to-EBITDA ratio improved to (0.21), reflecting strong financial flexibility

Receivables Growth

Net notes receivable rose to EGP 4.0 billion, up from EGP 2.4 billion at the end of 2024

Total receivables, including post-dated checks for undelivered units, reached EGP 67.4 billion

Cash Collections

The Company recorded EGP 7.1 billion in cash collections in H1 2025, up 18.2% YoY

supported by consistent collection efficiency and high sales. Q2 2025 collections were

EGP 3.7 billion, a 38.6% increase year-on-year

Capital Investments and Construction Progress

Madinet Masr invested EGP 2.9 billion in CAPEX during H1 2025, up 55.7% from

H1 2024, reflecting its strategic focus on timely project execution In Q2 2025, CAPEX

totaled EGP 1.3 billion, representing a 70.9% year-on-year increase

CEO Statement – Strategic Growth and Market Resilience

Abdallah Sallam, CEO and Managing Director of Madinet Masr, commented

“Our strong financial and operational results in the first half of 2025 are a testament to the

resilience of our business model and the strength of our strategic direction. We successfully

navigated evolving market conditions by leveraging innovation, strategic expansions, and our

diversified real estate offerings. The continued demand across our projects reinforces our

leadership in the Egyptian real estate market He adde

“We are proud of the successful launches in Q2 2025, which resulted in EGP 10.0 billion

in contracted sales. With revenues and net profit growing over 59% and 76% respectively

during the quarter, we continue to enhance value for our stakeholders through execution

excellence and a forward-thinking customer-centric approach

Subsidiary Contributions and Regional Expansion

Al Nasr for Civil Works played a key role in fast-tracking construction, especially

in Taj City and Sarai, supported by strategic partnerships with top-tier contractors

Egy Can and Minka drove product innovation and project diversification, with Minka

co-launching the Shark Tank Business Park in partnership with Sony Pictures

Entertainment and IMP

In a milestone regional move, Madinet Masr launched a new subsidiary, Cities of the

World, in Dubai, marking the company’s official entry into regional markets

Additionally, the company signed an MoU with Waheej Real Estate in Riyadh, paving

the way for future joint development projects in Saudi Arabia

Outlook for 2025 and Beyond

Madinet Masr remains committed to its strategic goals of expanding its development

pipeline, accelerating construction progress, and investing in digital and innovative

real estate solutions. With a solid financial foundation and a growing pipeline of high

demand projects, the Company is well-positioned to sustain growth and deliver long-term

value for shareholders and customers

MG Developments Drives Forward Blue Blue Ain Sokhna with Significant Progress in Savoy Phase

Posted on by doha

MG Developments has announced remarkable progress in its fully integrated tourism

and real estate project, Blue Blue Ain Sokhna, successfully delivering five fully

finished phases The company has now surpassed 40% completion in the sixth phase

Savoy, aligning with the approved construction timeline This achievement underscores

MG Developments’ resilience and commitment to quality amid ongoing economic challenges

and market pressures in the Egyptian real estate sector

Strategic Importance of the Savoy Phase in Blue Blue Ain Sokhna

The Savoy phase is considered a flagship stage within the Blue Blue project

notable for its prime location and distinctive architectural design Development

is progressing under the expert supervision of ACE Moharram Bakhoum

serving as the general consultant, alongside EMAC Contracting, the specialist

company commissioned to build the project’s centerpiece—a vast water lagoon

This lagoon, the largest of its kind in the development, introduces an unprecedented

recreational water feature designed to enhance both the visual appeal and interactive

leisure experience for residents and visitors

Blue Blue Project Overview: Integrated Coastal Living and Investment

Spanning over 120,000 square meters, the Blue Blue project comprises six

diverse phases featuring chalets, villas, and hotel units complemented by integrated

commercial, entertainment, and service amenities The development boasts a private

beach stretching 300 meters along the Red Sea, with dedicated zones for marine

activities, dining, and premium hotel services Situated in the scenic Windmills area

of Ain Sokhna, the project benefits from natural beauty and year-round fresh breezes

positioning it as an ideal destination for luxury coastal living, vacation, and long-term investment

MG Developments’ Vision: Expanding Tourism Infrastructure in Ain Sokhna

In line with its vision to deliver a fully integrated tourism destination, MG Developments

is constructing an international hotel within Blue Blue to bolster the tourism infrastructure

and elevate the hospitality experience This initiative supports the company’s strategic growth

plan, which includes developing four additional hotel and tourism projects currently underway

in Ain Sokhna These developments aim to boost Egypt’s tourism sector by offering high-quality

real estate products with international standards and significant investment potential

Commitment to Excellence and Timely Delivery

Mohamed Metawee, founder of MG Developments, emphasized the company’s dedication

to achieving a balanced formula of innovation, commitment, and on-time delivery

He highlighted the company’s mission to provide real estate and tourism offerings that

maximize investment value while catering to clients’ desires for premium hotel-style living

and high-quality lifestyle amenities

Top Kapi Debuts with “Vira”: A Modern Residential Compound in Hadayek October

Posted on by Fatma abdelhamed

Al Aqsa Contracting has officially launched its real estate development arm, Top Kapi Real Estate, leveraging more than 20 years of experience in engineering and construction.

The new company announced its debut project “Vira”, an integrated residential compound located in Hadayek October, on Al Wahat Road, directly opposite MSA University.

A New Chapter for Al Aqsa Contracting

Eng. Hossam El Din Mohamed Ibrahim, Chairman of Al Aqsa Contracting, stated that the company has a solid record of delivering residential, commercial, and administrative projects for both governmental bodies and private sector clients across Egypt.

Areas of operation include 6th of October City, Sheikh Zayed, New Cairo, Badr City, Obour, Hadayek Al Asimah, and 10th of Ramadan.

He emphasized that the decision to establish Top Kapi Real Estate is a natural progression of the company’s long-standing success in the contracting field.

“We are now channeling this expertise into real estate development, delivering projects that adhere to top quality standards, precise specifications, and strict delivery timelines,” he added.

Introducing “Vira” – A Modern, Integrated Residential Community

Eng. Moustafa Hossam El Din Mohamed, Chairman of Top Kapi, revealed that “Vira” reflects the company’s vision of delivering modern urban living solutions with full services and a diverse unit mix.

The project is spread over 34,000 square meters, offering a variety of residential models and units tailored to the needs of different customer segments.

Strategically located in Downtown Hadayek October, the project is surrounded by key amenities and institutions such as MSA University and the Police Assistants Institute, offering residents convenient access to a vibrant urban environment.

Exclusive Media Partnership with Moon Media

Top Kapi Real Estate has appointed Moon Media, and its flagship program “The New Republic” presented by Dr. Mona El Omda, as the company’s exclusive media partner—recognizing their expertise in real estate marketing and communication.

Project Specifications and Construction Timeline

Eng. Abdel Rahman Hossam El Din Mohamed, Vice Chairman of Top Kapi, explained that the project will include four residential building types, each consisting of a ground floor and three additional floors, with options to expand by one or two floors per building.

The compound will also feature a commercial mall covering 2,412 square meters and a social club on 1,045 square meters.

The company has appointed Platoon Designs Group as the project’s design consultant and Sakan as the implementation consultant.

Construction is set to begin once permits are obtained, expected by September, with project delivery targeted within three years, including all infrastructure and services for immediate occupancy.

Leading Design Experts on Board

Platoon Designs Group, led by Prof. Hossam Moftah and Prof. Tamer Abdel Aziz, brings over 25 years of architectural and urban planning expertise.

The firm specializes in comprehensive design solutions using advanced software and modern planning methodologies tailored to market needs.