New Event Developments is participating in Seredo Expo, held in Jeddah, Saudi Arabia, from September 6 to 8, as the exhibition’s Platinum Sponsor, reinforcing the company’s strategy to strengthen its presence and expand its operations in the Saudi real estate market.
The exhibition is held under the patronage and with the participation of the Ministry of Municipalities and Housing, the Real Estate General Authority (REGA), and the Real Estate Development Fund (REDF), bringing together leading real estate developers, investors, and prominent economic figures from across the sector.
Dr. Hamid Al-Rgwy Honored at Seredo Expo
Dr. Hamid Al-Rgwy, Chairman of New Event Developments, was honored during the exhibition in recognition of his role and contributions to supporting urban development.
The recognition followed his participation as a speaker in one of the key panel discussions held on the sidelines of the exhibition, where industry leaders and stakeholders discussed developments and opportunities within the real estate sector.
Commenting on the company’s participation, Dr. Hamid Al-Rgwy said that New Event Developments’ presence at Seredo Expo forms part of its strategy to strengthen its position in the Saudi market and establish direct, sustainable communication with investors and clients.
He added that participating in one of the Kingdom’s prominent real estate events provides the company with an opportunity to showcase its project portfolio in Egypt and Saudi Arabia while exploring new opportunities for expansion and growth.
New Event Developments Showcases Its Jeddah Projects
During Seredo Expo, New Event Developments is showcasing a diverse portfolio of projects in Jeddah, reflecting its expansion strategy in the Saudi market and its focus on developing residential communities that respond to evolving lifestyle requirements.
The company’s Saudi portfolio includes Sakan View, located within the Shams Al-Arous development in Jeddah. The residential project features a strategic location and contemporary designs, offering a range of housing options designed to meet different client needs.
The portfolio also includes Sakan View 2, also part of the Shams Al-Arous development, which features modern design and detailed planning, as well as Sakan View 3, continuing the company’s Sakan View series of residential developments in Jeddah.
New Event Developments is also showcasing Etlala Towers, located within the Darb Al-Haramain development in Jeddah. The project combines a strategic location with contemporary design.
Another project in the company’s Saudi portfolio is Jidia Towers, which benefits from a strategic location and direct views of Jeddah’s central park and tourist promenade.
Layal, Qamari, H Mall and Trave Expand the Egypt Portfolio
Alongside its Saudi projects, New Event Developments is showcasing its portfolio in Egypt, particularly its developments in the New Administrative Capital.
The Egyptian portfolio includes four projects spanning residential, commercial, and administrative developments, reflecting the company’s approach to creating a diversified portfolio that addresses the requirements of both clients and investors.
Layal Residence, located in the R8 district of the New Administrative Capital, extends across 38 acres. The integrated residential development features low building density and a variety of unit types, including villas, twin houses, townhouses, and apartments, alongside green spaces and a range of services and amenities.
The company’s portfolio also includes Qamari Residence, also located in R8 and spanning 25 acres. The project offers an integrated residential community in a strategic location within the New Administrative Capital, with an emphasis on quality of life and a comprehensive residential experience.
In the commercial and administrative sector, New Event Developments is developing H Mall in Downtown New Capital. The mixed-use project comprises a ground floor and 13 upper floors and occupies a strategic location on a major axis connecting Bin Zayed Axis, the Government District, and the Suez Road. It is also located near several of the capital’s key landmarks and major destinations.
The company’s portfolio further includes Trave Business Complex in Downtown New Capital. The commercial and administrative development comprises a ground floor and 13 upper floors and offers direct views of the Green River.
Strategic Expansion Across Egypt and Saudi Arabia
Dr. Hamid Al-Rgwy emphasized that the diversification of New Event Developments’ portfolio across the Egyptian and Saudi markets reflects the company’s strategy of pursuing well-planned expansion and capitalizing on promising opportunities in the real estate sector.
He noted that the company’s approach focuses on selecting strategic locations and maintaining high standards of planning and execution to support its growth plans during the current phase of expansion.
Through its participation in Seredo Expo, New Event Developments is highlighting its growing presence across both markets while strengthening engagement with investors, clients, and real estate industry stakeholders.This version is structured for news publication and SEO, while keeping the supplied project names and company information intact.
