رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

LMD Fast-Tracks W Cairo Construction, Egypt’s first W Hotel, By the end of 2025

 

Interior architecture finalized by Bowler James Brindley as LMD redefines luxury living at One Ninety with Marriott’s globally acclaimed W brand.

 

 LMD (Landmark Developments), one of the premier real estate developers specializing in creating transformative residential and commercial experiences, is proud to announce that it is fast-tracking construction on W Cairo, the first W Hotel in Egypt brought by Marriott International, Inc.

 

LMD

 

The project represents an investment exceeding 220 million dollars, with the structural skeleton slated for full completion by the end of 2025. Located within the One Ninety development in New Cairo, the hotel represents a bold addition to Egypt’s luxury hospitality landscape.

This construction milestone reinforces LMD’s commitment to timely deliveries, quality developments, speedy execution, and robust trustworthiness. With a passion for excellence, meticulous attention to details, and an integrated approach to design and functionality, LMD continues to redefine modern luxury through global partnerships and visionary execution. Further supporting this progress, LMD confirmed that world-renowned interior architecture firm Bowler James Brindley (BJB) has finalized all interior design works for the hotel, ensuring a blend of cutting-edge creativity and timeless elegance. BJB’s design process is inspired by Cairo’s rich history while simultaneously undertaking contemporary evolution. Their work includes W Sydney, W Manchester, W Barcelona, and W Budapest.

“Our target is clear, construction is moving full speed ahead”,” said Eng. Amr Sultan, Founder and CEO of LMD, “The W Cairo is not just a hotel. It is a statement of confidence, innovation, and commitment while introducing a whole new outlook on refined hospitality. At LMD, our vision extends far beyond transforming physical spaces into thriving communities to elevating living standards and offering endless possibilities. We are proud to be leading the charge in bringing Marriott’s iconic W brand to Egypt and delivering a project that exceeds expectations in both design and experience.”

W Cairo Hotel brings Marriott International’s celebrated “Whatever/Whenever®” philosophy to Egypt for the first time. The hotel will feature330 elegantly appointed rooms and suites, drawing inspiration from Egyptian heritage, most notably, the lotus flower, reimagined with contemporary sophistication. Guests will enjoy exclusive amenities including the WET® infinity pool deck, AWAY® soul-soothing spa, WIRED® business center, and the brand’s signature FIT® fitness hub.

Seamlessly connected to One Ninety’s lush Urban Park spanning over 30,000 sqm. W Cairo Hotel will offer direct access to artisanal dining, luxury retail, and vibrant entertainment. The entire experience is designed to be immersive, offering guests panoramic views and tailored moments that reflect both local culture and global standards of excellence.

 

One Ninety, LMD’s $1 billion flagship mixed-use development, is thoughtfully master planned across 344,315 square meters of lush, iconic land. Strategically located at the intersection of 90 Street and the Ring Road, the project features

W Cairo The Residences, Cairo design District (CDD), and the Urban Park with expansive green spaces, offering a fully walkable, future-ready destination. With this new project, LMD continues to push boundaries and inspire with its groundbreaking collaborations, exceeding the expectations of both its customer base and investors.

Mass Developments launches Yardin New Cairo on 13 acres in the Heart of New Cairo.

Mass Developments has unveiled its newest residential project, Yardin New Cairo, strategically located in the heart of New Cairo. Covering more than 13 acres, the project is part of the company’s strategy to diversify its investment portfolio and introduce innovative real estate solutions that reflect evolving market trends and cater to customer needs.

Mass Developments

 

Eng. Atef Monai, Chairman of Mass Developments, stated that the project represents a valuable addition to the company’s portfolio and is situated in a prime area of the Fifth Settlement.

Eng. Atef Monai highlighted the project’s prime location as one of its most distinctive advantages—just a minute from South 90 Street, three minutes from the Middle Ring Road, five minutes from Ain Sokhna Road, and only 20 minutes from Cairo International Airport. It is also conveniently located near the Air Force Specialized Hospital and the District 5 development.

 

He said that the project is a fully integrated residential development offering a variety of unit sizes ranging from 66 sqm up to 330 sqm for duplex units. It features flexible payment plans starting from a 0% down payment with installment options extending up to 10 years, catering to a wide range of customer needs.

 

He added that Mass Developments is dedicated to working with top-tier partners to ensure the project is delivered with the highest standards of quality and sustainability. As part of this commitment, the company has partnered with AZURE Architects, led by Eng. Omar Okail, to lead the architectural design.

Inspire Integrated will oversee property and facility management, while execution and construction will be handled by Concept Engineering & Constructions, chaired by Eng. Mamdouh Fekry, a Board member of Mass Developments.

 

Eng. Mamdouh Fekry brings extensive engineering experience, with his company having contributed to several prominent projects such as Al Dau Heights and Al Dau Strand in Hurghada, and the Almaza Bay project in Marsa Matrouh in collaboration with Travco.

 

The company also developed Al Dau Village Mall, spanning 30,000 sqm in Hurghada, and participated in the execution of several international hotels including Steigenberger Pure Lifestyle and Steigenberger Aqua Magic in Hurghada, Hyatt Centric in Cairo, Hyatt Regency Cairo, Steigenberger Al Kazar in Sharm El Sheikh, Arena Plaza Hall in Cairo, and Dar Al Rahma in the New Administrative Capital.

 

 

Eng. Fekry’s projects span across various regions, including Cairo, the New Administrative Capital, Hurghada, Sharm El Sheikh, Ain Sokhna, Marsa Matrouh, Port Said, and 10th of Ramadan City—reflecting the diversity and expansion of his work across residential, leisure, commercial, and medical sectors.

 

Eng. Atef Monai added that the project’s construction period is expected to last three and a half years and will include a range of premium amenities that ensure luxury and quality of life for residents. These include a social club, swimming pools, restaurants and cafes, indoor and outdoor gyms, electric vehicle charging stations, jogging and cycling tracks, and a children’s play area.

 

Eng. Atef Monai owns prime residential and commercial land in New Cairo, 6th of October City, Sheikh Zayed City, New Minya City, New Sohag City, and New Damietta City.

He is also a partner in several real estate development companies behind prominent projects such as Verity Business Complex in the New Capital, Innoview Business Complex in the New Capital, Valencia Valley in New Cairo, and Valencia Hub Mall in New Cairo.

 

He concluded by stating that Mass Developments is actively pursuing its expansion strategy in the Egyptian real estate market, drawing on the extensive experience of its founders, led by Eng. Atef Monai. He has held key leadership roles, including CEO of the International Import and Export Group and Chairman of Dar Al Benaa. Eng. Atef Monai also serves on the boards of leading real estate development companies.

Nudra Developments appoints ADC Engineering to design Pace Mall

Nudra Developments announced its partnership with ADC Engineering to handle architectural design of Pace Mall. The agreement reflects Nudra’s strategy of collaborating with experienced, high-caliber partners to boost the investment appeal of its projects.

The agreement was signed by Eng. Mohamed Ezz El-Din, Founder and CEO of Nudra Developments; Eng. Ahmed Maher, Chairman of ADC Engineering and Design Manager; and Eng. Ahmed Sorour CEO of ADC Engineering and Founding Partner, in the presence of representatives from both companies.

Eng. Mohamed Ezz El-Din, Founder and CEO of Nudra Developments, stated that the collaboration aims to leverage ADC Engineering’s expertise to deliver projects that meet international standards.

Ezz El-Din said that this partnership marks an important step toward offering high-quality real estate products that align with market needs and reflect modern trends in property development.

He added, “We consider modern, adaptable design a fundamental pillar of any successful development. That’s why we chose ADC as the design consultant for our flagship project, Pace Mall. ADC’s deep expertise and strong track record played a key role in our decision. From the very first discussions, it was clear they shared our vision, and we quickly discovered a shared mindset—setting the stage for ongoing collaboration in the future.”

He explained that the Pace Mall is being developed with investments exceeding EGP 500m and is planned to become a distinguished commercial and medical destination in the heart of Sheikh Zayed City—specifically on Al Shabab Street, one of the most vibrant locations in the area.

Additionally, the mall boasts a strategic location near major hospitals such as Zayed Specialized Hospital and is surrounded by a variety of malls and retail outlets, ensuring steady foot traffic and high demand throughout the day.

Eng. Ahmed Sorour CEO of ADC Engineering and Founding Partner, stated, “We are proud of our partnership with Nudra, a company with a promising investment vision and ambitious plans that we are pleased to be part of. We are committed to delivering designs that align with Nudra’s bold vision and contribute added value to its projects and to the real estate market as a whole.”

.sorour”: Nudra Developments is an emerging player in real estate sector”

He pointed out that Nudra Developments is an emerging player in real estate sector, distinguished by its unique approach that emphasizes credibility, initiates construction before sales, and is committed to raising delivery and quality standards in the Egyptian market—strengthening the competitive advantage of its projects.

Eng. Ahmed Maher, Chairman of ADC Engineering and Design Manager, stated, “With this collaboration, we look forward to building a long-term strategic partnership with Nudra Developments. Our goal is to design architectural solutions that showcase the engineering quality and creative signature that define our portfolio, while meeting the high level of trust Nudra has placed in us.”

He stated that ADC Engineering is a prominent leader in engineering consulting and design, boasting a robust portfolio of significant projects spanning the commercial, residential, administrative, and entertainment sectors. Some of its standout projects include West Gate Mall, Plaza Vida, Madar Plaza, Flare Plaza, and Novella.

Fawry Reports Strong 1Q2025 Results with Significant Revenue and Profit Growth

15  Fawry (FWRY.CA on the Egyptian Exchange), Egypt’s leading fintech company,

.announced today its consolidated financial results for the quarter ending 31 March 2025.

The Company reported revenues of EGP 1,794.8 million in 1Q2025, marking a robust 65.1% year-on-year (y-o-y) increase

This strong top-line performance was fueled by the expansion and diversification of Fawry’s business offerings.

Combined with effective cost control,

this led to solid profitability margins. Net profit for the quarter reached EGP 605.4 million,

reflecting an impressive 97.1% y-o-y increase and a net profit margin (NPM) of 33.7%.

The results highlight Fawry’s ability to scale efficiently while sustaining profitability .

Fawry Drives Growth Across Core Segments, Led by Financial Services

Eng. Ashraf Sabry, Chief Executive Officer of Fawry, commented:
“I am pleased to report that Fawry has started 2025 on a strong footing,

delivering continued operational and financial growth in the first quarter,

while making significant strides in advancing our long-term value creation strategy.”

Financial Services emerged as the leading growth driver, contributing 40% of the company’s

overall top-line expansion with an exceptional 164.2% increase y-o-y. Fawry’s Banking Services segment

—its second-largest revenue contributor—also recorded solid growth, up 55.9% y-o-y. Meanwhile

, Supply Chain Solutions posted a 35.3% y-o-y rise in revenues, demonstrating Fawry’s strategic evolution into a comprehensive ecosystem offering a broad range of value-added services.

The Alternative Digital Payments segment sustained healthy momentum, growing 30.2% y-o-y,

and continued to serve as the backbone of Fawry’s interconnected digital platform.

Fawry Focuses on Expanding Digital Services and Operational Efficiency

Sabry added that a key driver of continued growth has been Fawry’s strategic focus on expanding its digital service

offerings, enabling consumers to meet everyday financial needs and helping businesses grow

more effectively via integrated platforms. Simultaneously, Fawry has made targeted investments

to streamline internal operations, enhancing its ability to serve clients with increased agility, efficiency, and precision.

A major strategic focus area is the monetization of Fawry’s proprietary technology,

which saw a remarkable 125% y-o-y increase in technology-related revenues.

This growth underscores the success of Fawry’s ongoing efforts to commercialize its technology stack,

which is set to become a critical revenue engine in the years ahead.

On the consumer front, the myFawry app and Prepaid Yellow Card continue to function

as a unified financial hub, offering bill payments, promotional offers, BNPL solutions,

medical insurance, and access to Fawry’s Money Market Fund.

Annualized throughput on myFawry surged by 117.5% to EGP 27.4 billion.

The BNPL loan portfolio exceeded EGP 1.3 billion as of 1Q2025, while the NAV

of the Money Market Fund surpassed EGP 1.8 billion, reinforcing myFawry’s positioning

as a next-generation neo-banking platform.

On the enterprise side, Fawry continued to enhance its Fawry Business platform,

tailored for SMEs and corporates

. Beyond payroll cards and acceptance solutions, Fawry introduced corporate cards and supplier payment tools,

empowering businesses with better expense control and real-time cash flow visibility.

These enhancements reflect Fawry’s growing focus on embedded financial services that

enable operational efficiency and financial agility.

Fawry has also embedded working capital financing directly into the payment journey,

offering seamless access to credit at the transaction point. This approach minimizes friction,

improves liquidity for merchants, and aligns with Fawry’s mission to build an inclusive,

digitally empowered business ecosystem.

Fawry is advancing its strategy to leverage big data and artificial intelligence acros

s key operational areas including dynamic customer engagement, fraud detection,

credit scoring, and code generation.

These initiatives are designed to deliver more personalized user experiences,

drive data-informed decisions, and enhance productivity throughout the organization.

A major innovation milestone was achieved with Fawry’s in-house developed Soft POS solution,

Tap N Pay, receiving MPOC certification. Fawry is now the first company in the MENA

region to secure both CPOC and MPOC certifications, and the 10th globally to achieve MPOC.

Tap N Pay is the first fully Egyptian-built Soft POS platform,

with full copyright ownership retained by Fawry.

 “These achievements are a testament to our unwavering focus on innovation and our commitment to

meeting the diverse needs of our customers,” concluded Sabry.

“Our strong performance in 1Q2025 underscores our ability to execute on strategic priorities

while continuing to expand offerings, improve customer experience, and lead the digital transformation

of financial services in Egypt. Looking ahead, Fawry remains firmly committed to delivering sustainable

growth and long-term value for all stakeholders, while playing an active role in the development of Egypt’s

financial sector and broader digital economy.”

Huhtamaki Egypt Secures Golden License to Establish the Middle East’s Largest Sustainable Packaging Facility in 

Huhtamaki Egypt Secures Golden License to Establish the Middle East’s Largest Sustainable Packaging Facility in

 In a bold step that underscores growing investor confidence in Egypt’s business climate, Huhtamaki Egypt has been granted the prestigious Golden License by the Egyptian Cabinet to build its new Molded Fiber packaging Plant using recycled wastepaper in Sadat City, located in the CPC Industrial Zone of Monufia Governorate. The project will be developed with a total investment of EGP 1.47 billion, marking one of the Finnish packaging giant’s largest investments in the region.

Huhtamaki Egypt

 

Spanning approximately 22,000 square meters, the facility represents a significant milestone in the longstanding strategic partnership between Huhtamaki Oyj and Eng. Ayman Korra, who plays an integral role in the project’s corporate structure and serves as CEO of Korra for Energy & Investment Projects, one of Egypt’s most prominent industrial entities.

 

Set to commence operations in August 2026, the new facility will create over 61 direct jobs and incorporate state-of-the-art molded fiber technology to produce sustainable, eco-friendly packaging solutions such as egg cartons, fruit trays, and cup carriers made from recycled paper fibers, targeting both local and international markets.

 

Commenting on the milestone, Eng. Ayman Korra, CEO of Korra for Energy & Investment Projects, said:
“We are proud of our enduring partnership with Huhtamaki that spans for more than two decades. Together, we have developed cutting-edge industrial ventures that add tangible value to Egypt’s economy.

 

The awarding of the Golden License to this new Huhtamaki project reflects the state’s strong support for committed investors and affirms Korra’s successful strategy of attracting global investments and localizing advanced technologies in the Egyptian market.”

 

This major investment stands as a vote of confidence in Egypt’s investment landscape—an environment increasingly seen as conducive and competitive, particularly in light of streamlined government policies that support strategic industrial projects. The long-term collaboration between Huhtamaki and Eng.

 

Ayman Korra is a testament to the power of synergizing local vision with global expertise, positioning the new factory as a pivotal hub for advancing Huhtamaki’s leadership in sustainable packaging solutions across the Middle East.

 

The Golden License is a key instrument introduced by the Egypt’ian  government to accelerate nationally significant projects. It provides a comprehensive approval framework that covers project establishment, construction, operations, and licensing—along with a host of administrative and investment incentives that facilitate swift execution.

By receiving this exceptional license, Huhtamaki Egypt joins a distinguished list of fewer than 50 projects that have earned the Golden License out of more than 300 applications submitted since the initiative’s launch in 2017—a clear indicator of the project’s strategic importance and high potential.

 

Ayman Korra

 

Notably, Eng. Ayman Korra is recognized as one of Egypt’s sustainability pioneers. Under his leadership, Korra for Energy & Investment Projects places sustainability at the heart of its operational and social responsibility strategies. Through innovative energy systems and solutions, Korra strives to balance operational efficiency with environmental preservation, reducing carbon emissions and conserving natural resources.

 

The company is consistently engaged in developing projects that support the shift towards clean energy, fully aligned with Egypt’s and the region’s sustainable development goals—driven by a shared commitment to building a greener, more resilient future for the coming generations.

Next Monday..ITIDA’s SECC Organizes 3rd Edition of Software Testing Day

The Software Engineering Competence Center (SECC), an affiliate of the Information Technology Industry Development Agency (ITIDA), is set to host the third edition of Software Testing Day on May 19, 2025, at the Digital Egypt Innovation Hub (Creativa) in Giza.

Held under the theme “Software Testing Evolution: Innovating with AI and DevOps”, the event will spotlight the latest global trends in software quality assurance.

The agenda includes keynote speeches and panel discussions featuring leading industry experts, as well as live demonstrations of cutting-edge software testing tools and solutions.

The event also offers a valuable networking platform for professionals, practitioners, and technology providers in the software testing and quality assurance domains.

Registration is now open via the official website:

https://secc.org.eg/English/Pages/SECC-Event-Registration.aspx

Strong Start to 2025: Alfa Romeo Accelerates with Robust Q1 Performance

Alfa Romeo ended the first quarter of 2025 with results showing strong growth, confirming its continued international expansion, now with a presence in over 70 markets around the world. Deliveries to end customers grew by 29% globally compared to the same period in 2024, with strong performances in Enlarged Europe, of +43%, and in Middle East and Africa of +9%.

The contribution of Junior to these results was key: the most comprehensive commercial offering in the segment means it is available in two electric variants (156-hp and 280-hp), a hybrid 145-hp and Ibrida Q4.

A few months since its launch in 38 countries, it has reached 35.000 orders, 18% of which are in the full-electric configuration. The enthusiasm with which European customers have welcomed the Junior has been the driving force behind the entire line-up, consisting of the Tonale, Giulia and Stelvio.

In their respective segments, all three models continue to embody the values of sportiness and innovation all over the world, both of which values are inherent to the Alfa Romeo brand.

It is also worth highlighting performance in March, the best month for Alfa Romeo sales since June 2019, with over 8,700 cars sold globally, an increase of 33% compared to March 2024.

In the same month, the brand recorded its highest market share since 2018 in Europe (EU30), of 0.5%, up 0.15 percentage points year-on-year.

The first quarter of 2025 was therefore very positive, as was March, which proved to be no less significant.

A major acceleration for Alfa Romeo, which is confidently looking forward to the coming months thanks to a line-up that is increasingly competitive and aligned with new market needs.

The proof lies in the recent debut of the Junior Ibrida Q4, completing the broadest offering in the segment, and in the INTENSA special series, which celebrates Alfa Romeo’s identity and appeal through exclusive design interventions.

:Santo Ficili, Alfa Romeo CEO

“The first quarter of 2025 ended with very positive commercial results, a testament to the great enthusiasm and determination with which the Alfa Romeo team faces the continuous evolution of automotive sector.

Great credit to the Junior, welcomed with extreme enthusiasm. With 35,000 orders since launch, it is kicking off the brand’s future, with the new Stelvio and new Giulia about to write yet another chapter in the history of Made in Italy.

Our dealers and partners play a key role and the Q1 business results serve as the ideal opportunity to thank them for their commitment and dedication to achieving our ambitious targets.

VOYA Development Set to Launch Second Project in West Cairo Following the Success of Its First

Eng. Essam El-Naggar, Chairman of VOYA Development, stated that the company is moving forward with a clear and ambitious expansion strategy aimed at delivering innovative real estate solutions that align with client aspirations and uphold the highest standards of quality. He emphasized that the new project will be strategically located in a vibrant area offering comprehensive services and amenities.

VOYA Development is preparing to launch its second real estate project in West  Cairo, building on the success achieved on it’s first project, ZAT Community

He further highlighted that West Cairo has become one of the most attractive investment destinations due to its ongoing infrastructure and urban development, particularly with the inauguration of the Grand Egyptian Museum and Sphinx International Airport, which have significantly enhanced the area’s appeal as a tourism and investment hub.

El-Naggar affirmed VOYA’s commitment to elevating the standards of real estate development in Egypt by offering diversified spaces that exceed client expectations and set new benchmarks for modern living. He also stressed the company’s focus on delivering excellence not only during the development phase but also through outstanding after-sales services, ensuring long-term client satisfaction.

Shehata Elsayed, CEO of VOYA Development, announced that full details of the new project will be disclosed soon. He confirmed that the development will be a fully integrated, mixed-use project, featuring a premium location, modern design, and comprehensive services tailored to meet market demands.

Elsayed also revealed that VOYA has partnered with one of Egypt’s top-tier consulting firms as the project’s engineering consultant to ensure the delivery of a high-quality product that reflects innovation and diversity in both design and functionality.

Commenting on the company’s first project, he stated that ZAT Community achieved remarkable success since its launch, reinforcing the company’s confidence and supporting its strategic expansion into new developments. The ZAT Community spans 10 acres and is designed as a fully integrated residential compound, with completion expected within three years. The project is being supervised by Hafez Consultants.

LG Launches 2025 QNED evo TVs With Advanced Visual Technology and AI-Enhanced Personalized Experience

LG Electronics (LG) is rolling out its 2025 QNED evo lineup, reinforcing its presence in the premium LCD TV segment.

Marking a significant leap forward for LCD TVs, the new QNED evo TVs inherit the differentiated value of LG OLED, along with various color solutions, Mini LED technology, the latest α (Alpha) AI processor, top-tier gaming performance and the versatile award-winning webOS platform.

LG delivers certified color accuracy

Certified by Intertek for achieving 100 percent color volume, these cutting-edge TVs reproduce rich, true-to-life colors in both bright and dark environments. With the company’s proprietary Dynamic QNED Color1 solution, which replaces quantum dot technology, viewers can expect outstanding depth, clarity and precision regardless of lighting conditions.

LG refines backlighting with Mini LED

With Mini LED technology2 powered by the Alpha AI processor,3 the QNED evo models boast refined light control, enhancing the contrast and accuracy of images to ensure deeper blacks, brighter highlights and well-balanced picture quality. Advanced AI algorithms effectively control each zone to deliver heightened performance, in addition to the immersive visuals of Mini LED.

To further enhance picture and sound quality, LG’s AI Picture Pro optimizes detail, depth and accuracy, fine-tuning every scene with sophisticated processing to achieve the most refined picture quality across all content.

The AI Object Enhancer identifies and enhances faces, bodies and key scene elements for greater detail and naturalism. Dynamic Tone Mapping Pro splits each scene into blocks and fine-tunes brightness and contrast, creating more vivid and lifelike visuals. Complementing these enhancements, AI Sound Pro immerses viewers in virtual 9.1.2 surround sound, enriching depth and spatial clarity through the TV’s built-in speakers.

The lineup also boasts highly personalized features, thanks to AI technology that can understand each user’s unique audio and visual preferences. Analyzing over 1.6 billion image settings and 40 million sound profiles, the AI Picture/Sound Wizard takes customization to a new level, recommending tailored audio and visual modes for each user.

For added convenience, LG introduces an AI button on the AI Magic Remote, providing intuitive voice recognition and effortless navigation. The remote’s pointer function works like a computer mouse, allowing users to easily explore content and adjust viewing modes.

A suite of AI-powered features creates a deeply personalized entertainment experience. AI Voice ID recognizes individual voices to switch profiles and recommend personalized content. LG AI Concierge analyzes viewing history and user habits to provide curated content suggestions and keyword recommendations, while AI Search – powered by a Large Language Model4 – understands conversational context and user intent for more intuitive content discovery. Microsoft Copilot integration further streamlines the process, helping users find and organize complex information efficiently, and the AI Chatbot identifies potential user challenges and offers timely, effective solutions.

The 2025 QNED evo models elevate the user experience through these advanced AI features and the award-winning webOS 25 smart TV platform. Powered by the new Alpha AI processor, webOS 25 offers enhanced personalization and convenience. Extending benefits beyond the initial purchase, LG’s webOS-powered TV owners can enjoy the most up-to-date smart TV experience for five years.
The new QNED evo models can also function as central smart home hubs. The Home Hub offers multi-platform connectivity via LG ThinQ and Google Home integration, allowing users to manage their smart home devices through a single, intuitive interface. Support for Apple AirPlay and Google Cast enhances mobile compatibility, enabling seamlessly content sharing from personal devices to the big screen.

Gamers will appreciate the QNED evo TVs’ powerful gaming capabilities, including fluid motion, vivid visuals and easy in-game controls. As a central gaming hub, the LG Gaming Portal serves as an effortless way for gamers to discover new titles and enjoy the ones they already love. Through partnerships with leading cloud gaming services, along with many native webOS app games, LG delivers a wide selection of games across various genres, allowing users to play instantly without the need for gaming consoles or downloads. Supporting 4K 144Hz5 with AMD FreeSync™️ Premium, these TVs boost fluid and clear motion that keeps up with every move without judder or visual hiccups.
Highlighting the lineup is the QNED9M, LG’s first QNED TV that can seamlessly transmit both audio and video wirelessly via True Wireless technology.6 This innovation, previously exclusive to the LG OLED evo M series, now extends to QNED, giving more customers the ability to enjoy high-definition 4K content wirelessly without picture quality loss or delay.

By connecting to the Zero Connect Box, the QNED9M can transmit audio and video wirelessly at up to 144Hz, without latency or loss in picture and sound quality, while still meeting the criteria of an AMD FreeSync™️ Premium experience. What’s more, the Zero Connect Box eliminates the need for gaming consoles and set-top boxes around the screen, resulting in a sleek, clutter-free setup.
Offered in sizes ranging from 50 to 100 inches, the 2025 QNED evo models meet the diverse needs of today’s consumers. As demand for ultra-large screens continues to rise, LG’s new 100-inch QNED TV delivers a cinema-quality experience – bringing immersive, theater-like visuals into the home.

LG’s 2025 QNED evo TV lineup will be available starting in May in Korea, the U.S. and European countries, with other markets to follow throughout the year. To learn more about products, To learn more about products

Alstom appoints Martin Vaujour as President of the Africa Middle East and Central Asia Region

Alstom, a global leader in smart and sustainable mobility, is pleased to announce the appointment of Martin Vaujour as President of

the AMECA region (Africa, Middle East and Central Asia), effective 1st June 2025. He will join Alstom’s Executive Committee.

Alstom transitions AMECA leadership

He succeeds Andrew DeLeone, who will take over as President of the Europe region

. During his tenure, Andrew supported key developments in AMECA within a demanding context.

Alstom thanks him for his commitment and contribution to the growth of the region.

Alstom CEO welcomes Martin

“I would like to welcome Martin to the leadership team. He is a well-recognized executive with extensive experience in general management,

stakeholder engagement and finance. He will bring new perspectives to AMECA, a key region with strong growth potential,” said Henri Poupart-Lafarge, CEO of Alstom.

Martin Vaujour commented: “It’s a privilege to take on the leadership of such a dynamic and strategic region for Alstom.

I believe AMECA holds tremendous potential for growth and impact,

thanks to committed and entrepreneurial teams that are close to their customers and attuned to local priorities.

I look forward to working with them to further strengthen our presence and partnerships across the region.”

A seasoned international leader, Martin Vaujour brings over 20 years of experience in complex, multicultural environments.

He joined Alstom in 2009 and relocated to Moscow, where he held increasing responsibilities in finance and general management,

eventually leading the Russia-CIS region as a member of Alstom’s Executive Committee.

From 2016 to 2020, he served as CEO of TMH-International, developing the company’s business across the Middle East,

Africa, Central Asia, and Latin America—markets that are now central to his new role.
Martin returned to Alstom’s headquarters in 2020 to lead the Bombardier remedies process and

took over M&A and Investor Relations responsibilities in 2021. He is a graduate of ESCP Business School in Paris

Special Group and Mint Real Estate Asset Management Launch “40 Square”

During a press conference held at the Nile Ritz Carlton Hotel, Special Group for Trade & Investment and Mint Real Estate Asset Management announced the launch of 40 Square, a new residential development in the New Administrative Capital (NAC).

The announcement follows a strategic agreement signed in March, under which Mint will manage all Special Group’s real estate assets, beginning with this flagship project.

Located in Residential Investors District, 40 Square spans 40 acres in a well-connected area near the Green River Park, the government district, and other major infrastructure.

The development features smart residential units, generous open spaces, and integrated services designed around long-term livability and functionality.

The project includes a mix of apartments offerings, totaling approximately 1477 units. The first phase is scheduled for completion in 2026, with total investments for the project expected to exceed 7 billion EGP.

This marks Special Group’s first foray into real estate development, building on its longstanding expertise in construction, infrastructure, and service delivery. The move reflects a shift toward longer-term value creation across the Group’s asset base.

“Diversification has always been central to how we grow,” said Dr. Mohamed Asaad, Chairman of Special Group.

“Our experience spans construction, healthcare, and industrial services real estate development is a natural extension of that strategy. But entering this market responsibly means more than building it requires structure, planning, and long-term thinking. This is why we partnered with Mintto bring that expertise and discipline into every stage of the development process.”

Mr. Tamer Erfan, Chairman of Mint Real Estate Assets, said: “This partnership represents a strategic step that perfectly aligns with our vision of developing projects that offer real and sustainable investment value especially in light of current market challenges.

We see 40Square as more than just an architectural development; it is an opportunity to redefine traditional real estate investment into a long-term, stable model, supported by intelligent plans that align with actual implementation and operational phases. This is the qualitative difference Mint aims to bring to the market.

Mint will lead all commercial aspects of the project including strategic planning, marketing, CRM, and sales ensuring that Square 40 is not only launched successfully but positioned for long-term performance.

“Today’s market is no longer defined by supply it’s shaped by selectivity, affordability, and the need for smart positioning,” said Alia El Nagdy, CEO of Mint Real Estate Asset Management.

“Square 40 enters the market at a moment of opportunity and constraint. Our role is to ensure the project is aligned with how people want to live, invest, and grow. We’re not here to react to the market we’re here to anticipate it.

” According to El Nagdy, the launch comes at a time when the NAC continues to attract long-term investment, yet the broader real estate landscape faces growing pressure from inflation, cost volatility, and shifting demand. Projects that will endure are those built around sound fundamentals and a clear operating model both of which define Square 40’s approach.

The launch of Square 40 sets the tone for how both companies see the future of real estate development: grounded in strategy, built on operational clarity, and driven by long-term performance.

As Special Group expands its footprint in the sector, and Mint continues to shape how real estate is managed in Egypt, this partnership represents a new model for how to build value that lasts.

A strategic alliance between Dama and Inscription Development companies to launch “Rawasin”

Dama Development and Inscription Development companies announced signing a strategic alliance together to implement Rawasin project in New Sohag City, to launch it officially, setting new standards for elite housing in Sohag, designed by the most famous architect Eng.Walid Arafa.

The alliance agreement was signed in the presence of Eng. Taher Abu Raqam, Dama Development Chairman, and Eng. Mahmoud Abu Aqeel, Dama Executive Director, besides a group of prominent figures in the fields of real estate development and architecture.

Eng.Taher Abu Raqam, Dama Chairman, assured that the “Rawasin” project is an integrated residential compound located in a prime location in New Sohag City, and “Dar Arafa Architecture” is responsible for the project’s architectural consultant, headed by international consultant Eng. Walid Arafa.

He pointed that the company keens to select a strategic location for its project and to collaborate with strong entities to ensure the implementation of a comprehensive and distinctive project.

He added that the “Rawasin” compound embodies excellence in modern design, combining luxury, comfort, and architectural innovation, making it a landmark in the real estate market in Sohag Governorate, representing a true beginning for a qualitative shift in the form of residential projects in the region, due to offering international standards in architectural planning and integrated services.

Eng.Mahmoud Abu Aqeel, Dama Development CEO, pointed that the exceptional architectural vision of Eng. Walid Arafa enhances the project’s investment and competitive advantages, as an exceptional architectural design will be developed for “Rawasin” compound, mixing between beauty, authenticity, and modernity, setting new standards for residential communities in Upper Egypt and reshaping the features of modern architecture in Sohag for the first time at this integrated level.

He showed that “Rawasin” compound will offer clients an integrated living experience, not limited to sophisticated design, but extends to include a healthy and safe environment that applies the Egyptian families aspirations, besides the project is regarded as a beginning of a new stereotype of residential community with unprecedented standards in the region

He assured the company’s confidence in the importance of development in Upper Egypt cities and governorates, especially within the availability of distinctive investment opportunities offered by the state among the comprehensive urban renaissance it is implementing especially in Upper Egypt, which reinforces the company’s ambitious investment plans for the coming period.