رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

MADKOUR Developments Unveils Fully Completed Office Project in Egypt’s New Capital

Building on the national role and extensive experience of MADKOUR Holding in delivering

major infrastructure and national projects, MADKOUR Developments the Group’s real estate

development arm, has officially entered Egypt’s real estate market with the launch of its first

project in the New Administrative Capital The move reflects the company’s strategic vision to

actively contribute to Egypt’s comprehensive urban development and sustainable growth plans

MADKOUR Holding Brings Infrastructure Expertise to Real Estate Development

Eng Hesham Madkour, Vice President of MADKOUR Holding, said the Group’s strategy

has always been grounded in commitment and quality, values that form the foundation

of MADKOUR Developments Through this new entity, the company aims to introduce new

benchmarks in Egypt’s real estate sector, based on credibility, operational readiness, and

superior construction quality—ensuring strong and secure investment value for clients

For more than 20 years, MADKOUR Holding has been a key partner in executing Egypt’s

infrastructure projects, with annual business volumes exceeding $1 billion, Madkour stated

Today, we are transferring this deep expertise and strong financial capacity into real estate

development Our market entry is non-traditional, relying on self-financing and full integration

across the Group’s companies, enabling us to deliver real estate products backed by tangible

achievements rather than future promises

New Administrative Capital Chosen as a Strategic Launch Location

MADKOUR Developments explained that selecting the New Administrative Capital reflects the company’s

confidence in its status as a model for integrated urban development and one of Egypt’s

most promising investment destinations He added that the company has chosen the

Financial District as the location for its first real estate project, given its strategic importance

and strong demand for high-quality administrative developments

Fully Completed Administrative Project in the Financial District

Eng Ahmed Attia, CEO of MADKOUR Developments, said the company has adopted a robust

and integrated strategic plan to ensure a distinctive entry into the Egyptian real estate market

The plan focuses on delivering projects that add real, measurable value, leveraging MADKOUR

Holding’s extensive technical and managerial expertise, alongside strict adherence to quality standards

and construction timelines Attia revealed that the company’s debut project is a fully completed

administrative development strategically located in the Financial District of the New Capital

The project embodies MADKOUR Developments’ “Reality First” philosophy, which prioritizes delivering

finished, tangible assets as the basis for building investor confidence

Introducing the Open Business Campus Concept

MADKOUR Developments is also introducing an innovative office model known as the

“Open Business Campus The concept redefines traditional office environments by creating

a flexible, open layout comprising three interconnected buildings, outdoor plazas, and integrated

service areas, designed to meet the needs of international corporations, financial institutions, and banks

Fastest ROI and Smart Utilities Management

Attia highlighted that the project is fully constructed and ready for inspection, allowing

clients to receive and operate their units within one year, offering one of the fastest returns

on investment (ROI) in Egypt’s real estate market Project management and operations will

be handled using MADKOUR Utilities’ smart technology, ensuring operational efficiency

sustainability, and reduced running costs

MADKOUR Holding: A National Powerhouse

Founded by Dr Mostafa Madkour, MADKOUR Holding is one of Egypt’s leading

national groups, operating across energy, infrastructure, residential community

management, and industrial sectors With annual business volumes exceeding $1 billion

a workforce of more than 6,000 employees, and a proven track record of delivering over

120 landmark projects across Egypt, the Arab region, and Africa, the Group brings unmatched

credibility to the real estate sector

Strengthening an Integrated Development Model

The launch of MADKOUR Developments reinforces the Group’s position as one of the few

entities in Egypt that seamlessly integrates contracting, technology, utilities management

and real estate development under one umbrella—catering to investors seeking long-term

security, reliability, and trusted quality

WAJHA DEVELOPMENTS Appoints Mohamed Abdel Fattah as Co-Founder and Managing Director

Wajha Developments has announced the appointment of Mr. Mohamed Abdel Fattah as Co-Founder

and Managing Director, a move that reflects the company’s commitment to strengthening its executive

leadership and driving forward its ambitious expansion strategy within the Egyptian real estate market

This strategic addition enhances the company’s founding expertise across construction, real estate development

entrepreneurship, finance, investment, and strategic marketing, enabling the development of an integrated

business model built on innovation and high-value real estate solutions

New Leadership Marks a Major Phase of Growth and Governance Enhancement

The appointment of Mohamed Abdel Fattah represents a pivotal milestone for Wajha Developments

reinforcing internal governance and positioning the company for a new era of accelerated growth

With a solid institutional framework in place, the company is well-prepared to execute its strategic

vision and introduce groundbreaking development and financing solutions tailored for the evolving

dynamics of Egypt’s real estate sector This year marks the company’s official launch, while 2026 is

expected to showcase the full implementation of its strategic investment roadmap, signaling a

transformative phase for the company

A 15-Year Track Record Across Multiple Sectors and Global Markets

With over 15 years of diverse experience, Abdel Fattah brings substantial value to the executive team

 His career spans senior positions in leading global and domestic companies across sectors including

telecommunications, insurance, banking, real estate development, and finance, with professional exposure

in Egypt, the UAE, Turkey, and Oman Academically, he holds an MBA, along with advanced diplomas in

finance, technology, innovation, crisis and risk management, valuation, and mergers & acquisitions

His educational background also includes executive programs from the University of Oxford and the

American University in Cairo, equipping him with the strategic insight required to drive expansion

and organizational transformation

Expertise in Growth Hacking and Strategic Transformation

Abdel Fattah also brings strong expertise in Growth Hacking, having crafted innovative

growth strategies and guided companies through advanced expansion phases His work in

institutional transformation and crisis management reflects his ability to drive scalable

success and support long-term business sustainability within competitive markets

A Clear Vision for the Egyptian Real Estate Market and Innovative Solutions

Commenting on his appointment, Mohamed Abdel Fattah stated that his decision to join

Wajha Developments followed an in-depth study of the Egyptian real estate market, identifying

real gaps that developers can productively address. One of the most notable gaps, he explained

is the significant shortage of hotel rooms—a challenge the company is already working to tackle

through innovative concepts to be revealed as part of its 2026 strategic plan

A Payment Model Linked to Actual Construction Progress

Abdel Fattah highlighted the company’s adoption of a construction progress-based payment model

which replaces traditional equal installment plans. Under this system, the client’s payment schedule is

directly tied to real-time construction milestones, offering heightened transparency and ensuring investors

receive real value aligned with on-site progress He emphasized: “Linking payment installments to actual

construction progress sets a strong benchmark of innovation for Wajha Developments in the Egyptian real

estate market. This model enhances financial security for clients and reflects our confidence in delivering

projects on schedule, backed by the company’s solid financial standing

Strategic Expansion Plans and New Projects in 2026

Mohamed Abdel Fattah Looking ahead, Abdel Fattah revealed that Wajha Developments plans to launch one or

two new projects in 2026, alongside a carefully planned expansion of its land bank The company

is currently exploring land acquisitions in the Red Sea and Sheikh Zayed, and is evaluating opportunities

to enter the New Cairo market—supporting its long-term expansion strategy

Over 35 Years of Combined Founders’ Experience

Mohamed Abdel Fattah Wajha Developments builds on more than 35 years of cumulative experience among its

founders, including 24 years in construction and contracting, during which they contributed

to major national projects, and 11 years in real estate development through participation

in diverse property ventures This extensive background enables the company to provide a unique

innovation-driven real estate product, supported by an executive and strategic team with proven

expertise in leadership, project delivery, and market innovation

Wealth Holding Names Dr. Ahmed Samir El Dessouki as CCO to Lead Egypt Real Estate Expansion

In a strategic move to strengthen its position among Egypt’s leading real estate developers

 Wealth Holding has announced the appointment of Dr. Ahmed Samir El Dessouki as Chief

Commercial Officer (CCO) This appointment marks a key step in the company’s ambitious

expansion plans within the Egyptian real estate market

Over 20 Years of Leadership in Real Estate Sales and Business Development

Dr. Ahmed Samir El Dessouki brings over two decades of experience in sales management

and business development, having held senior roles at prominent firms including DAMAC Properties

Agora Projects, NCB Developments, ADC Developments, and Al Khalij Development. Throughout his

career, he has successfully driven growth, built high-performing sales teams, and enhanced the

market presence of leading real estate companies across Egypt and the region

Strategic Plans to Strengthen Commercial Operations

Speaking on his appointment, Dr. Ahmed Samir highlighted that his new role comes

at a pivotal time for the Egyptian real estate sector, characterized by strong competition

and growth His strategy focuses on enhancing Wealth Holding’s commercial framework

diversifying sales and marketing strategies, and improving the customer experience through

innovative and flexible solutions

Flagship Projects and Planned Expansion

Dr. El Dessouki also revealed that Wealth Holding is preparing to launch a flagship real estate project

in Sheikh Zayed City early next year, alongside ongoing developments in the New Administrative Capital

and the Fifth Settlement He emphasized that the company’s upcoming phase will see a carefully planned

portfolio expansion, aligned with its vision to deliver real estate projects that provide real value for

investors and clients

Strengthening Leadership for Sustainable Growth

Wealth Holding’s management described Dr. Ahmed Samir’s appointment as a major

addition to the company’s leadership team, reflecting its commitment to injecting fresh

expertise, strong field experience, and innovative capabilities. This strategic move supports

the company’s ambitions for both horizontal and vertical expansion, ensuring sustainable

growth in Egypt’s competitive real estate market