The New Capital Project Launch by New Event Developments marks a significant step in Egypt’s real estate market. This New Capital Project Launch introduces a fully integrated residential project spanning 38 feddans in a prime location within the New Capital.
Moreover, the company launched a large-scale outdoor advertising campaign across major streets in Greater Cairo. This campaign aims to build strong awareness ahead of the official launch.
Dr. Hamid Al Rgwy, Chairman of New Event Developments, confirmed that this project reflects a clear expansion strategy. He explained that the company focuses on capturing promising investment opportunities in Egypt. In addition, it carefully selects locations that align with rapid urban development.
Furthermore, he noted that choosing the New Capital reflects strong confidence in its future potential. The area continues to attract major real estate investments and infrastructure growth.
He added that expansion is not about increasing the number of projects. Instead, the company follows a value-driven strategy focused on long-term sustainability. This approach depends on developing integrated communities with smart planning and mixed-use components.
As a result, these projects improve competitiveness and increase returns for clients. At the same time, they support the company’s long-term vision.
Meanwhile, New Event Developments is progressing on two parallel tracks. First, it continues launching innovative projects in promising locations. Second, it maintains strong construction progress across its existing portfolio.
Notably, the company completed the concrete structure of H Mall. It has already started finishing works. In parallel, the structural framework of Trave project reached around 75% completion.
Additionally, excavation works for Qamari project have been completed. Construction activities are now underway, reflecting steady execution progress.
Therefore, these achievements highlight the company’s operational strength. They also support its future expansion plans in the Egyptian market.
Finally, Al Rgwy emphasized that New Event Developments remains committed to delivering high-quality projects. The company aims to go beyond traditional real estate by creating fully integrated urban communities that meet market needs.
