رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

SUD Opens New Branch in Riyadh to Expand Egyptian Real Estate Investments

SUD Strengthens Presence in Gulf Markets with Riyadh Branch

Safwa Urban Development (SUD) announced the launch of its new sales branch in Riyadh, Saudi Arabia, as part of its

strategic plan to expand regionally and cater to the growing demand from Saudi and Egyptian clients for investment

in Egyptian real estate projects.

Eng. Youssef Shalaby, member of the board of directors at SUD, stated that this expansion responds to the significant

growth in demand for Egyptian properties over the past two years, particularly in high-profile areas such as the New

Administrative Capital, Fifth Settlement, and Egypt’s new coastal cities.

Eng. Shalaby emphasized that the Saudi market plays a pivotal role in supporting Egyptian real estate investments.

The high confidence in Egyptian developers and the diverse range of available properties make Saudi investors a

critical segment. Through the Riyadh branch, SUD plans to offer comprehensive real estate sales and consulting

services, alongside exclusive offers tailored to clients in Saudi Arabia, enhancing the company’s international sales volume.

Eng. Shalaby added that international expansion has become a defining feature of serious real estate companies

with ambitious growth plans.

Relying solely on the local Egyptian market is no longer sufficient to achieve sustainable growth.

Companies like SUD that establish a presence in regional markets such as Gulf countries gain the

ability to diversify sales sources, strengthen their brand, and reach new client segments.

Diverse Project Portfolio Across Egypt

SUD boasts a diversified portfolio across multiple governorates, including:

Greater Cairo: New Administrative Capital projects such as CH1 and CH2 compounds, and commercial projects

including Financial Hub Mall, Capital Hub 1 and Capital Hub 2.

Obour City: Development of High City compound and High City Mall, spanning 18,000 square meters.

Ras El Bar and New Damietta: Coastal projects including Sunset 1 and Sunset 2 resorts, and Sunset

Mall located in the chalet area.

New Mansoura City: The Pearl compound, covering 60 acres with residential buildings and villas, distinguished

by a beachfront of 550 meters directly on the sea, a clubhouse, and commercial malls.

Riyadh Branch to Enhance Client Experience

The new branch in Riyadh will provide clients with specialized real estate consultancy and sales services.

Eng. Shalaby highlighted that this initiative aims to attract new client segments, promote Egyptian real estate

abroad, and solidify SUD’s position as a leading regional developer.

Saudi investors have shown growing interest in SUD’s projects due to:

Transparent development processes

Premium-quality residential and commercial properties

Strategic locations across Egypt’s emerging cities

Opportunities for long-term investment returns

Focus on New Administrative Capital Projects

The New Administrative Capital remains a cornerstone of SUD’s strategy, with flagship compounds CH1

and CH2 providing luxury living combined with commercial and administrative facilities.

SUD’s coastal projects, including Sunset 1, Sunset 2, and Sunset Mall, offer scenic views of the sea, catering to investors

seeking both tourism and residential opportunities.

SUD’s mixed-use developments such as High City Mall in Obour City and Capital Hub projects in Cairo integrate

residential, commercial, and administrative solutions, demonstrating versatility and comprehensive urban planning.

International Recognition for SUD

Through strategic international expansion, SUD has positioned itself as a reliable and competitive Egyptian

developer, recognized for its stability, innovative projects, and long-term vision.

The Riyadh branch will act as a bridge between Egyptian real estate opportunities and Gulf

investors, offering a one-stop solution for property investment, sales consultation, and exclusive project offers.

Eng. Shalaby concluded that SUD’s international expansion aligns with its ambition to grow beyond

the local Egyptian market, exploring new Gulf cities and attracting high-net-worth investors seeking premium

Egyptian real estate projects.

Ericsson Opens New Regional Headquarters in Riyadh to Drive Digital Innovation Across MEA

Strategic Move Reinforces Ericsson’s Commitment to Saudi Arabia

Ericsson has officially inaugurated its new regional headquarters in Riyadh, Saudi Arabia,

signaling a significant milestone in its commitment to the Kingdom and the broader Middle East

and Africa (MEA) region. The move underscores Saudi Arabia’s growing status as a tech and

innovation hub in line with Vision 2030.

High-Level Ceremony Marks New Chapter in Regional Operations

The inauguration ceremony was attended by top Saudi government officials and Ericsson leadership, including:

H.E. Eng. Haytham AlOhali, Vice Minister of Communications and Information Technology

H.E. Dr. Abdullah A. Aldubaikhi, Assistant Minister at the Ministry of Investment

H.E. Petra Menander, Swedish Ambassador to Saudi Arabia

Börje Ekholm, President & CEO, Ericsson Group

Patrick Johansson, President of Europe, Middle East and Africa, Ericsson

CEOs of stc Group and Mobily

Supporting Vision 2030 and the National Digital Economy

Officials emphasized that the new regional HQ supports Saudi Arabia’s Vision 2030 by

empowering local talent, driving innovation, and fostering sustainable, tech-led economic development.

The headquarters will act as a hub for collaboration, R&D, and digital transformation in the region.

Accelerating 5G and the Road to 6G

Discussions at the event focused on network evolution, the 6G roadmap, and Ericsson’s

role in shaping inclusive digital infrastructure. The company reaffirmed its commitment

to 5G leadership and emerging technology adoption across sectors.

Gen-E Program: Empowering Future Saudi Talent

Since 2018, Ericsson’s Gen-E Graduate Program at the Riyadh 5G Innovation Hub has

trained over 190 Saudi graduates, 50% of whom are women. The program equips youth

with expertise in 5G, IoT, and AI, contributing directly to local digital transformation.

“Blink Lab”: Advanced Connectivity for Gaming & Beyond

In partnership with King Abdulaziz City for Science and Technology (KACST), Ericsson launched

the Blink Lab—an advanced connectivity research hub focused on gaming, ultra-reliable 5G use

cases, and immersive digital experiences. The lab supports local innovation ecosystems and

global product development.

Driving Research with KAUST to Advance 5G and 6G

Ericsson also collaborates with King Abdullah University of Science and Technology (KAUST)

to accelerate 5G and 6G technologies, enhance scientific research, and nurture future talent—further

aligning with national ICT development goals.

Voices of Support: Building the Future Together

H.E. Dr. Abdullah Aldubaikhi: “This investment shows Saudi Arabia’s leadership in attracting global tech players.”

H.E. Eng. Abdulrahman AlMufadda: “The HQ cements Riyadh as a regional center for innovation.”

stc & Mobily CEOs: “Ericsson is a strategic partner in shaping the region’s digital future.”

Börje Ekholm – CEO, Ericsson: “Riyadh is now at the heart of our regional vision for digital growth.”

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.