New Event Developments prepares to launch a distinctive project in the New Capital coinciding with strong expansion in Egypt and Saudi Arabia

New Event Developments Company, is preparing to launch its latest project in the New Capital. coinciding with a surge in construction activity across its existing projects in the Egyptian and Saudi markets. in a move that aims to enhance its presence in the local and regional markets. while managing to maintain a balance between its ongoing expansion plans and its commitment to its current projects.

Dr. Hamid Al-Rgwy, Chairman of New Event Developments, said the launch reflects the company’s confidence in the Egyptian market.

He added that the company follows a balanced growth strategy, based on careful planning and simultaneous implementation locally and abroad.

The anticipated project in the New Capital represents an extension of the company’s vision to select strategic locations with high investment potential.

It also ensures the delivery of real estate products that meet market expectations and maintain the company’s quality standards.

In less than a year, the company successfully launched three projects in Jeddah: Jidia Towers, Sakan View, and Sakan View 2.

Additionally, the company is preparing to launch its fourth project soon as part of its expansion plan in Saudi Arabia.

The company has acquired several strategic plots of land in Jeddah to support sustainable growth and future developments.

Moreover, the company plans to expand in Riyadh to strengthen its presence in Saudi Arabia’s key and dynamic cities.

The company is committed to participating in Saudi Arabia’s urban development boom, aligning with the Saudi Vision 2030.

Expansion in the Kingdom relies on meticulous market studies and in-depth analysis of client needs.

The company also adheres to high standards in design and project implementation while following strict timelines.

Disciplined execution enhances client and investor confidence and builds a strong, long-term reputation in Saudi Arabia.

The company’s goal is sustainable growth and building a trusted real estate brand, not just numerical expansion.

In the Egyptian market, New Event Developments continues to implement projects at an accelerated pace.

The company fully completed the concrete structure of the “H Mall” project, with finishing works underway.

It also completed 75% of the concrete structure for the “Treve” project and began construction in the “Qamari” project after excavation.

This construction progress, alongside preparations for a new project in the New Capital, reflects the company’s operational solvency.

It also demonstrates the company’s ability to efficiently manage multiple projects across diverse markets.