real estate investment Egypt Archives - جريدة الاخبارية

Capital Elite and Wyndham Launch EGP 13bn Luxury Hotel & Residences Project in West Cairo

Posted on أكتوبر 27, 2025أكتوبر 27, 2025 by doha

In a landmark move reflecting global investor confidence in Egypt’s real estate sector

Capital Elite Developments announced a strategic partnership with Wyndham Hotels & Resorts

the world’s largest hotel franchising company, to develop Wyndham Hotels & Residences Cairo

West with total investments of EGP 13 billion

Strategic Collaboration with a Global Hospitality Leader

The agreement was signed by Eng Mostafa Mansour, Chairman of Capital Elite Developments

and Mr. Dimitris Manikis, President of Wyndham Hotels & Resorts for Europe, the Middle East

Eurasia, and Africa (EMEA), in the presence of senior officials from both companies

Eng Mansour stated

Our collaboration with Wyndham Hotels & Resorts for this flagship development in West Cairo

marks a major milestone for Capital Elite Leveraging Wyndham’s global hospitality expertise adds

exceptional value to the project and underscores our commitment to partnering with world-class

entities to deliver distinctive real estate developments in Egypt He also emphasized that the project

supports the Egyptian government’s plan to expand hotel capacity in West Cairo

Prime Location and Luxury Design

Located in the vibrant Dreamland area, near the Giza Pyramids and the Grand Egyptian

Museum, the project is one of the largest integrated hotel and residential developments

in Egypt. It combines luxury, innovation, and strategic location, making it ideal for both

business and leisure tourism The five-star hotel and branded residences will include 600 units

150 hotel rooms and 450 branded residencesalongside 1,500 sqm of event space, plus world-class

sports and recreational facilities, all designed to meet Wyndham’s global standards

Construction Timeline and Phase Launch

Capital Elite has partnered with ACE Moharram Bakhoum for engineering consultancy, with plans

to launch the first phase within 45 days The full project is scheduled for completion by December

2029, aiming to create an iconic architectural landmark in West Cairo

Eng Mansour highlighted that this development represents a key milestone in Capital Elite’s

expansion strategy, with plans to deliver additional hotel and residential projects across Egypt

through partnerships with international hospitality brands that enhance the quality of the local

real estate and tourism sectors

Wyndham’s Commitment to Egypt’s Tourism Growth

Mr. Manikis remarked

Egypt’s tourism sector is witnessing remarkable growth, with rising demand for

premium accommodation, making it a key market for Wyndham’s expansion in North

Africa. This agreement demonstrates our commitment to delivering world-class hospitality

and exceptional experiences to travelers, while providing branded residence owners with

the advantages of Wyndham’s global reach, extensive expertise, and comprehensive partner support

KFK Developments Unveils Eco Mall in 6th of October City with EGP 500 Million Investment

Posted on أكتوبر 25, 2025أكتوبر 25, 2025 by doha

In a bold move reflecting its strong presence in the Egyptian real estate market

KFK Developments has announced the launch of its latest project, Eco Mall, in the heart

of 6th of October City, with total investments of EGP 500 million The project aims to provide

a fully integrated commercial, administrative, medical, and entertainment destination

Strategic Location Serving Thousands of Residents

Eng Kassem Ahmed, Member of the Board of Directors at KFK Developments, emphasized

that Eco Mall is not just a commercial mall but a comprehensive destination combining shopping

, entertainment, and services in a smart and eco-friendly environment

Located within the Eco West Compound in October Gardens, the project benefits from a prime

location near major landmarks including O West and Dar Misr, and close to the high-speed train

. The mall serves over 8,000 occupied residential units, offering a strategic advantage for both

visitors and investors

Innovative Strip Mall Design with High Visibility

Eco Mall is the first integrated mall in October Gardens designed with a strip mall concept

ensuring that all commercial, administrative, and medical units have direct street-facing facades

This design enhances visibility and maximizes the appeal of every business operating within the mall

KFK Developments The project includes

Commercial units of various sizes overlooking the street

Administrative and medical units with hotel-style design and luxury finishes

Restaurants and cafés with open views and panoramic entrances

Spacious parking areas for visitors and owners

24-hour security and surveillance systems

Premium Interiors and Smart Facilities

Eng Faisal Mohamed Ahmed, Board Member at KFK Developments, highlighted that the mall features

A ground floor for restaurants, cafés, and open-plan glass commercial units

A first floor dedicated to administrative and medical units

Smart ventilation and lighting systems and panoramic elevators

High-quality materials including marble and modern glass

Harmonious interior lighting providing a visually warm and comfortable experience

Flexible Payment Plans and Immediate Operation

KFK Developments offers flexible payment options for Eco Mall

10% down payment with 10% discount

10% down payment with 20% discount

Up to 25% discount on cash payments

The project is ready for immediate operation, located within an existing residential

community and connected to the main axes of New October City Investors can expect

continuous operational returns and high resale potential

Proven Track Record and Expert Leadership

KFK Developments has a strong portfolio of successful projects in Egypt and the UAE

positioning it as a rising real estate developer in the Egyptian market. The company

focuses on high-quality construction, innovative design, and strategic locations, offering

clients a sustainable and comprehensive investment experience

Founded by Eng Kassem Ahmed Kassem and Eng. Faisal Mohamed Ahmed, the company

leverages decades of experience in real estate development

Eng Kassem Ahmed Kassem participated in major projects in the UAE since 2004 and

national projects in Egypt, including Zewail City of Science and Technology, Cleopatra Resort

, Mountain View iCity October, and New Giza

Eng Faisal Mohamed Ahmed has over 20 years of experience, completing more than 12 residential

towers in Faisal, Haram, and Mohandessin, and projects in the North Coast, New Giza

and Mountain View October

Wadi Valley Developments Signs EGP 300M Construction Deal with Summit for The Capital Mall

Posted on أكتوبر 18, 2025 by Fatma abdelhamed

.Wadi Valley Developments has signed a construction contract worth EGP 300 million with Summit Construction to execute the Capital Mall project located in 10th of Ramadan City

.The agreement marks a significant milestone in fast-tracking the construction of one of the most anticipated mixed-use developments in the city

The contract was signed by Dr. Samir Aref, Chairman of Wadi Valley Developments, and Eng. Ahmed Grana, Chairman of Summit Construction, in the presence of senior representatives from both companies.

A Landmark Investment in 10th of Ramadan City

.The Capital Mall is strategically situated in the heart of 10th of Ramadan City, promising to become a leading commercial and investment hub in the area

.The project encompasses commercial, medical, and administrative zones, all designed according to the highest international standards in architecture and construction

:Dr. Samir Aref emphasized the importance of selecting experienced partners like Summit Construction, stating

“This collaboration reflects our commitment to delivering excellence. We’re confident that with Summit’s proven track record in major construction projects, The Capital Mall will become a flagship destination for business and leisure.”

Comprehensive Facilities with World-Class Amenities

:The Capital Mall will feature

The largest integrated medical center in 10th of Ramadan City

A wide cluster of modern administrative offices

A premium retail zone housing top local and international brands

A fully equipped hypermarket

A luxury gym, spa, and jacuzzi

A safe and interactive children’s play area

A multi-purpose events hall

An expansive underground parking facility covering the entire mall

.In addition, the project will be operated by a professional mall management company with expertise in large-scale retail operations

.The mall’s ultra-modern façades will reflect cutting-edge global architectural trends, ensuring high visual appeal and functional design

Trusted Names Behind the Development

Summit Construction is a leading player in Egypt’s construction industry, known for its expertise in general contracting, MEP systems, HVAC solutions, interior finishing, security systems, and solar energy technologies.

.Their involvement is expected to guarantee timely delivery and world-class quality

Wadi Valley Developments is a joint venture between Ahram Security Group, led by Dr. Samir Aref, and Dar Al-Benaa for Real Estate Asset Management, headed by Eng. Amr Al-Ghoneimy.

.The partnership brings decades of collective experience in real estate development, asset management, and integrated urban planning

Mohamed Mansour on New Alamein A Leading Hub for Real Estate and Tourism Investment

Posted on أغسطس 27, 2025 by doha

Mohamed Mansour, Chairman of Al Oula Developments, affirmed that the Egyptian government

has played a pivotal role in rapidly advancing the development of New Alamein City with exceptional

implementation rates He emphasized that these accomplishments reflect the state’s strategic vision

for urban expansion and the sustainable development of the Northwest Coast

Speaking at the Mediterranean Investment Gateway (MIG) Forum, Mansour noted that New Alamein

and the wider Northwest Coast have emerged as some of the most promising hubs for real estate and

tourism investment in Egypt, attracting interest from both local and international investors

This is driven by the diverse and promising investment opportunities available across the region

New Alamein: Fourth-Generation Cities Driving Egypt’s Urban Boom

Mansour highlighted the critical role of fourth-generation cities in propelling Egypt’s urban development

pointing to the extensive infrastructure projects being undertaken by the state in these areas He explained

that these cities represent the future of urban growth in Egypt, characterized not merely by physical expansion

but by fully integrated developments incorporating modern technology, artificial intelligence (AI), and sustainability

principles These advancements enhance the quality of life for residents and significantly boost the competitiveness

of Egypt’s real estate market on both regional and global levels

Al Oula Developments’ Expansion Plans in West Cairo

During his speech, Mansour reviewed Al Oula Developments’ portfolio in West Cairo

highlighting the company’s successful completion of multiple high-quality projects tailored

to diverse client needs He affirmed that these projects align with the company’s strategic vision

to expand into promising districts that complement the government’s broader urban development goals

Mohamed Mansour’s insights at the MIG Forum reinforce the growing significance of New Alamein and the

Northwest Coast as epicenters of sustainable urban development and investment in Egypt The integration

of smart technologies and infrastructure investments positions these regions as attractive destinations for

both real estate and tourism sectors, supporting Egypt’s long-term economic growth