رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

Tesla Developments Unveils “Tesla Residence” on 26 Acres in West Cairo

Tesla Developments Unveils a 26-Acre Integrated Urban Project

Tesla Developments has announced its latest real estate project, Tesla Residence, spanning 26 acres

in West Cairo, marking a key step in the company’s ambitious expansion strategy The project is part

of a broader plan to launch a series of diverse residential, commercial, and mixed-use projects in 6th

of October City in the near future

Strategic Location and Comprehensive Design

According to Alaa El Sheikh, Head of the Commercial Sector at Tesla Developments

Tesla Residence reflects the company’s vision of delivering a high-quality, integrated real

estate product The project combines strategic location, smart architectural design, and a

variety of residential options to meet the needs of different customer segments West Cairo

in particular, has been experiencing rapid urban growth, making it an ideal location for such

developments The project is strategically located opposite MSA University on Al Wahat Road

and features a fully integrated development including residential, commercial, hotel, administrative

and medical components Residential units range in size from 98 to 184 square meters, catering

to diverse client needs

Premium Residential and Commercial Facilities

Tesla Residence includes a dedicated building offering hotel-style residential units managed

to international standards, a 400-meter-long commercial promenade, a medical building, and

multiple administrative offices The project was launched last month, and the first phase sold out

completely within just two weeks, reflecting strong market demand due to its prime location, smart

design, flexible payment plans, and competitive pricing

Phased Sales and Future Deliveries

The project is divided into four sales phases to align with construction progress Currently

the second phase is being offered to clients, and delivery is scheduled within three years

Tesla Residence is the first in a series of projects the company plans to launch in the coming year

Expansion Plans: 31-Acre Project in 6th of October City

Tesla Developments has also revealed plans to launch a new 31-acre project within two months

in a strategic location in 6th of October City The upcoming project will feature a diversified investment

activity offering a variety of services, catering to the entire West Cairo market The company emphasizes

that its expansion strategy is driven by thorough market studies and evolving customer needs

ZG Developments Appoints Bassam Saeed as Chief Commercial Officer to Lead West Cairo Expansion

In line with its ambitious strategy for growth, ZG Developments announced the

appointment of Bassam Saeed as its new Chief Commercial Officer (CCO).

The move reinforces the company’s commitment to strengthening its commercial sector,

accelerating its expansion in West Cairo, and attracting top-tier industry talent capable

of leading a transformative phase in the Egyptian real estate market.

From the outset of its expansion journey, ZG Developments has been focused on building

an integrated commercial system that supports innovation, operational efficiency, and

strategic planning.

The appointment of Bassam Saeed marks a pivotal step in achieving these objectives.

A Veteran Real Estate Leader With Over 18 Years of Regional Experience

With more than 18 years of experience in the real estate development sector, Bassam Saeed

brings an extensive track record in sales leadership, commercial strategy building,

and team development.

His diversified experience across regional markets gives him the ability to

anticipate market trends, identify emerging opportunities, and design high-impact

commercial strategies.

This long-standing expertise positions him as a central player in ZG Developments’

plan to establish a stronger presence in West Cairo and enhance its competitiveness in key markets.

Previous Leadership Roles at Major Real Estate Developers

Before joining ZG Developments, Bassam Saeed held senior leadership positions at several

well-known companies including SAMCO, MERCON, and Nakhil Developments.

In these roles, he successfully managed high-performing sales teams and developed

strategic sales frameworks that elevated these companies’ market positions and

exceeded targeted performance outcomes.

His work consistently contributed to building resilient commercial structures capable

of sustaining long-term growth and profitability.

Comprehensive Expertise Extending Beyond Sales Management

In addition to his achievements in sales, Bassam Saeed holds extensive capabilities in:

Strategic planning

Developing and supervising marketing budgets

Managing human resources workflows

Aligning operational processes across commercial departments

These competences play a vital role in creating efficient business environments and improving

coordination between commercial, operational, and marketing sectors—an approach

that ZG Developments considers essential for its next expansion phase.

A Unified Commercial Vision to Support ZG Developments’ Expansion

Commenting on his appointment, Bassam Saeed expressed his pride in joining ZG Developments

during a defining moment in its expansion timeline.

He emphasized that the company is preparing for a new era in West Cairo,

where several major projects are scheduled to launch, forming part of a

broader plan to enhance the company’s market footprint.

Saeed confirmed that he is working closely with the sales, marketing, and operations

departments to develop integrated commercial strategies aligned with the company’s

long-term vision.

These strategies aim to achieve greater efficiency, strengthen the sales structure, and

ensure a leading position within the competitive Egyptian real estate market.

ZG Developments: Entering a New Phase of Innovation and Market Competitiveness

A company spokesperson noted that appointing Bassam Saeed to lead the commercial

sector is a strategic investment in the company’s future.

The decision reflects ZG Developments’ belief that strong leadership is essential to

executing its expansion plan and delivering innovative projects that enhance the

real estate landscape in West Cairo.

The company stressed that Saeed’s appointment will contribute significantly to:

Strengthening its commercial framework

Elevating operational efficiency

Developing new growth mechanisms

Enhancing its competitive presence in the Egyptian real estate market

ZG Developments affirmed its optimism about this new chapter and its confidence

in Saeed’s ability to guide the commercial sector toward sustained growth.

Tesla Developments Accelerates Construction at Green City to 70% with Plans for Early Delivery

Tesla Developments announced that construction progress at its Green City project

in 6th of October Gardens has reached 70%, confirming its plan to deliver units ahead of the

scheduled timeline The company emphasized its commitment to maintaining rapid construction

momentum and delivering high-quality residential communities in West Cairo, a market that

continues to witness strong demand

Non-Stop Construction as the Company Pushes for Early Delivery

Yasser Mohamed, founder of Tesla Developments, stated that construction work at Green

City is ongoing 24 hours a day, reflecting the company’s commitment, discipline, and serious

approach to project execution He highlighted that Tesla Developments’ strong financial

solvency plays a crucial role in empowering its implementation plans and ensuring fast progress

 Mohamed added that the project enjoys a strategic location within 6th of October Gardens

making it an attractive and secure investment opportunity for clients

A Fully Integrated Community Serving Over 700 Families

Green City spans 12 acres and is designed to serve more than 700 families, offering

a variety of residential unit sizes to meet the needs of different segments

The project includes a dedicated commercial and recreational service area, reinforcing

the company’s focus on enhancing quality of life, not merely constructing residential buildings

Tesla Developments aims to create a balanced urban environment that integrates services

facilities, and modern design

New West Cairo Projects Led by Extensive Land Portfolio

Ahmed Beshir, co-founder of Tesla Developments, revealed that the company

is preparing to launch several new projects in West Cairo, starting with the Tesla

Residence project on the Oasis Road He pointed out that Tesla Developments owns

one of the largest land portfolios in October Gardens, which positions the company

to develop distinguished projects that strengthen its leadership in the region

Strategic Expansion and Continuous Search for Opportunities

Beshir noted that the company continues to execute its current projects while

simultaneously exploring new investment opportunities and planning the development

of its land assets He emphasized that Tesla Developments is working intensively on all

fronts to maintain its leading position in the real estate market, especially as West Cairo

continues to attract high customer demand due to its rapid urban development and

strong investment appeal