The Smouha Gate project marks the official launch of Marsoum Developments in Egypt’s real estate market through a large mixed-use development in Alexandria spanning over 30,000 sqm.
Marsoum Developments announced the launch of its first project in Egypt’s real estate market, Smouha Gate in Alexandria.
The project ranks among the city’s major mixed-use developments. Moreover, it reflects the company’s focus on planned urban development and integrated communities.
The Smouha Gate project is located in the Smouha area of Alexandria. Additionally, the project spans more than 30,000 sqm.
The development includes residential, commercial, administrative, medical, hospitality, and entertainment units.
Furthermore, the project follows a mixed-use concept that combines residential and commercial activities.
Eng. Ayman Embaby, Chairman of Marsoum Developments, stated that the company resulted from the merger of Telal and Amgad.
He explained that the merger aims to introduce a new real estate development approach. In addition, the company focuses on long-term planning and strategic vision.
He added that the company selected Alexandria for its first launch due to the city’s strong investment potential.
Moreover, Alexandria continues to attract major development opportunities across several sectors.
Embaby said that Smouha Gate represents the company’s official entry into the Egyptian market. He explained that the project follows a design approach focused on urban and investment value.
Additionally, the project supports improvements in nearby infrastructure and public services.
He noted that Alexandria remains one of Egypt’s leading economic, investment, and tourism hubs. Therefore, the city represents a suitable destination for mixed-use developments.
Furthermore, these projects align with current market demand and real estate trends.
For his part, Eng. Sayed Saber, Executive Board Member at Marsoum Developments, said that Smouha Gate reflects the company’s strategy.
The strategy focuses on developing integrated communities with diverse services and architectural quality.
Additionally, the company aims to deliver an advanced experience for clients and investors in Alexandria.
He added that the project serves as a mixed-use destination for living, business, and leisure.
Moreover, the development follows a modern urban planning approach. The company also focuses on sustainability and long-term value creation within the real estate market.
Saber noted that Marsoum Developments plans future expansion through new projects across key areas in Egypt.
Furthermore, the company continues studying additional investment opportunities in strategic locations.
He concluded that Marsoum Developments works to strengthen its position in Egypt’s real estate sector.
The company achieves this goal through well-structured projects and integrated urban planning solutions.
In addition, the developments align with market needs and ongoing sector changes.
