ARABCO Developments announced that it is preparing to launch a new project in Golden Square district in the Fifth Settlement in New Cairo, in a new step that reflects its confidence in the Egyptian real estate market, and comes as part of the company’s expansion plan with innovative real estate projects in the Egyptian market.
Eng. Mohamed Ouf, Chairman of ARABCO Developments, said that the Egyptian market offers promising opportunities, especially amidst the growing demand for integrated real estate projects, and the company has chosen a strategic location for its latest project, which is the Golden Square district in New Cairo.
He added that the new project will be a strong addition to ARABCO Developments’ project portfolio, due to its strategic location, distinctive design, and the quality of implementation and integration it offers to clients, noting that the company aims to implement and deliver a project that meets the clients’ aspirations and reflects ARABCO Developments’ extended experience for more than 32 years both inside and outside Egypt.
He stated that ARABCO Developments has been operating in Dubai for more than 32 years and has been awarded the highest classification of “Unlimited Floors” due to its successful track record, as it has successfully delivered more than 300 projects in Dubai, in addition to 100 projects in Egypt since its launch in the local market in 2016.
He pointed out that the company’s project portfolio varies between residential towers, administrative buildings, and commercial malls, reflecting its wide experience in providing integrated real estate solutions that meet the market needs, noting that “Livelli Mall” is one of the company’s most recent projects in Egypt, which the company is about to deliver amid significant construction progress, which precedes the scheduled timetable. The company also owns the Cattleya Compound, which is currently witnessing steady progress in its construction works.
Ouf assured the company’s full commitment to deliver all units to clients on time and according to the highest quality standards, thus consolidating its position as a trusted partner in the Egyptian and Arab real estate development sector.
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