رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

Milestone Developments contracts with ACE MoharramBakhoum

Milestone Developments contracts with ACE Moharram Bakhoum to enhance The CORD Business Complex’s competitive edge

Milestone Developments Teams Up with ACE Moharram Bakhoum for structural

and electromechanical designs of The CORD Business Complex

Milestone Developments forms strategic partnership with ACE Moharram.Bakhoum

to handle designs for The CORD Business Complex

Milestone Developments has announced a partnership with ACE Moharram.Bakhoum

.(headed by Prof. Mourad Michel Bakhoum)

The firm will serve as the consultant for structural

.and electromechanical designs of the flagship project, The CORD Business Complex

This collaboration is part of Milestone Developments’ strategy to enlist top-tier professionals and

entities with extensive track records in various fields to ensure the project is executed to the highest

.standards of efficiency and quality

The agreement was signed by Mr. Mohamed Fathy, CEO of Milestone Developments

,The agreement was signed by Mr. Mohamed Fathy, CEO of Milestone Developments

,and Prof. Mourad Michel Bakhoum, Vice Chairman of the ACE Moharram.Bakhoum

.in the presence of senior officials from both companies

Commenting on the partnership, Mr. Mohamed Fathy stated that this agreement

is a continuation of a series of collaborations with strong success partners

.for The CORD Business Complex, further enhancing the project’s investment value

,Fathy remarked, “Excellence begins with selecting exceptional success partners with proven expertise

which is why we chose to collaborate with ACE Moharram-Bakhoum. As one of the most respected

,and renowned engineering consultancy firms in the real estate sector

.their involvement marks a significant milestone for our project

Milestone Developments remains committed to partnering

with leading consultants across all disciplines to ensure

The CORD Business Complex achieves the highest standards

.”and solidifies its position in the market

He noted that the partnership with ACE Moharram-Bakhoum encompasses the development of

,structural designs alongside electromechanical designs

.including electrical systems, mechanical works, fire protection, and drainage systems

These critical components play a key role in enhancing the project’s quality and elevating it to a superior level.

He noted that a previous agreement had been signed with Raef Fahmi Architects to handle the project’s

,designs, as well as with Kerdany Advisory & Development (KAD), which provides a range of services

,including preparing the finishing and operating manuals for tenants, managing commercial centers

.and supervising service providers

He disclosed that these partnerships with prominent names enhance

the company’s ability to deliver a standout project that elevates

.the efficiency of the entire area where it is located

,The project will serve as a landmark and a significant point of reference in West Cairo

.bringing together top-tier companies across various fields

He elaborated that The CORD Business Complex spans over 5 feddans in a prime location overlooking

the 26th of July Corridor, adjacent to Dolphin Mall, and just five minutes away from Mall of Arabia and

Sheikh Zayed City. The company prioritizes selecting strategic

,and dynamic locations for its projects to ensure high occupancy rates and

.consequently, the highest return on investment for its clients

,Prof. Mourad Michel Bakhoum, Vice Chairman of ACE Moharram–Bakhoum

.expressed his pride in collaborating with Milestone Developments on this distinguished project

,He stated, “We are proud to partner with Milestone Developments on this exceptional project

and we promise to deliver the best engineering solutions to ensure the company’s vision of creating a

.”pioneering project that meets the highest standards of quality and efficiency

He stated that his company is highly selective when it comes to the real estate entities it partners with

.and the projects it associates its name with, following a strict set of criteria

,These criteria must be met by both the developer and the project

.all of which are thoroughly satisfied by Milestone Developments and The CORD Business Complex

Milestone Developments was founded by Sheikh Zoaar Bin Ayed Al Ajmi

,and Sheikh Mohammed Zoaar Al Ajmi, who is also a member of the Egyptian-Saudi Business Council

.along with Mr. Nagy Ismail, Vice Chairman

The company operates under the umbrella of Areej Al-Khaleej Group in Saudi Arabia and is entirely Saudi-owned.

,It has been a major player in the Saudi market since 1979 through its subsidiaries

,including Al Multaqa Real Estate company and Areej Al-Khaleej car rental company

,which has 90 branches across the Kingdom

.in addition to Mohamed Bin Zoaar Showrooms in Riyadh and other companies in various fields

Milestone Developments opens permanent sales office in Riyadh to expand international client reach

Milestone Developments opens permanent sales office in Riyadh to expand international client reach

Milestone Developments establishes permanent sales office in Riyadh to support global expansion efforts

Milestone Developments launches permanent sales office in Riyadh to bolster the state’s real estate export plan

Milestone Developments, a subsidiary of Saudi Arabia’s Areej AL KhaleejGroup,

has announced the launch of a permanent sales office in Riyadh, Saudi Arabia.

This move is part of the company’s plan to contribute to the Egyptian government’s initiative to expand

real estate exports and promote Egyptian projects internationally.

Hatem Adel, Chief Commercial Officer at Milestone Developments,

stated that the company is targeting clients in Saudi Arabia,

including Egyptian expatriates residing in the Kingdom as well as Saudi nationals.

As part of its regional expansion, the company plans to establish multiple offices across the Gulf next year,

beginning with the Riyadh branch.

Adel noted that Egyptian real estate holds significant competitive advantages globally,

particularly with its appealing and competitive pricing,

alongside the continuous evolution of real estate products driven by Egypt’s comprehensive development plan.

Accordingly, expanding the international marketing of these projects strengthens their presence in the global market,

while also motivating Egyptian companies to innovate

and deliver the highest quality standards in their developments to thrive in this competitive landscape.

Ahmed Ahmed Dewedar, Sales Director at Milestone Developments,

said that the launch of the new office in Riyadh coincides with the Hazi Misr exhibition,

which will take place at the JW Marriott Hotel in Riyadh.

Milestone Developments’ participation in this exhibition is part of their strategy

to offer exclusive deals specifically for the Saudi market.

He explained that this new branch will be responsible for marketing the company’s projects in the Egyptian market

and will facilitate direct communication with clients to understand

and meet their needs regarding existing or future projects.

He noted that the company has ambitious expansion plans it aims to implement in the coming period.

Milestone Developments was established by Sheikh Zoaar bin Ayed bin Zoaar Al-Ajmi

and Sheikh Mohamed Zoaar bin Ayed bin Zoaar Al-Ajmi, a member of the Saudi-Egyptian Business Council,

and Nagy Ismail, Vice Chairman of the Board.

The company operates under the Areej Al Khaleej Group in Saudi Arabia and boasts a fully Saudi foundation,

with a strong portfolio of prominent companies in the Saudi market since 1979.

This portfolio, including Al Multaqa Real Estate and Areej Al-Khaleej Car Rental,

which collectively have 90 branches across the Kingdom,

as well as Mohammed bin Zoaar’s showrooms in Riyadh and other enterprises in diverse sectors.