City Edge Developments

City Edge Developments

City Edge Developments logo

City Edge Developments

City Edge Developments and Investment Company Behind every major launch and the huge project is a successful and distinguished entity and the success. That New Alamein Towers is due to one of the most important companies in the Egyptian real estate market. Which is City Edge Construction and Development, and is a well-known name that has always been distinguished by unparalleled projects. It has more than one sector. Including residential, tourist, and commercial, and in El Alamein City. The company was able to gather the juices of its experience to launch for its clients a tower including residential units on tourist land on the northern coast.

City Edge Developments and Investment also occupies the first place among all its competitors, as it is considered a distinctive mark placed on huge works and projects with unprecedented quality and professionalism. The company includes a distinguished partnership between the largest and most important bodies in the Arab Republic of Egypt, and the most important of these bodies are the following:

  • The General Authority for New Urban Communities.
  • Housing and Development Bank.
  • And also the Holding Company for Investment and Real Estate Development.

City Edge Developments

one of the largest companies in the Egyptian market has become a brand in the field of real estate. It is based on the partnership system between the Urban Communities Authority and the Housing and Development Bank. Its past years and experiences, present everything new, innovative, advanced, and creative about modern urban development. In order to meet all the desires of its customers, and to provide all means of comfort. It has carried out several large and distinguished projects in the real estate field, and the company’s capital amounted to about 1.3 billion. EGP in the development of residential projects and several other projects. The company also stated that real estate investment needs permanent development to meet market requirements, and confirmed that Egypt is currently witnessing great development in the urban field and a variety of projects.

The New Urban Communities Authority was established in 1979, by affiliation with the Ministry of Housing. The New Urban Communities Authority is also considered the urban planner of the state. To transform the living center away from the capital and expand the axis to the new suburbs to work on creating broader possibilities for living. The Authority also owns the largest land bank in The state and is responsible for the establishment of many residential, housing, and industrial projects. In addition to the development of infrastructure and investment affiliations.

History of City Edge Developments

Housing and Development Bank The Egyptian Housing and Development Bank (HDB) was established 35 years ago, in 1979. It is a progressive commercial bank with a clear real estate flavor. Specializing in financing housing projects across urban communities and North Coast resorts. Thanks to its solid reputation and extensive experience in providing a full range of Housing and property development services HDB real estate projects still play a major and important role in increasing the customer base and performance. This has been done through direct and indirect ownership centers in 14 subsidiaries. Besides being sister companies with a total of 1,275 million Egyptian pounds. HBD ownership also ranges from 16% to 92%. The activities also extend from real estate development and mortgage financing to property management services, insurance development, and investment affiliation.

Members of the Board of Directors of City Edge

Assem El Gazzar 

Ministry of Housing, Utilities and Urban Communities

Mr. Tariq Kabil

Member of the City Edge Board of Directors, former Minister of Trade and Industry of Egypt. As well as other major entities including, the Housing and Development Bank, Misr Food, and Cleopatra Hospitals.

Muhammad Essam El-Din Ramadan

Assistant Minister of Housing, Utilities, and Urban Communities, Supervisor of the Minister’s Office, and Member of the Board of Directors in CITY EDGE Development.

Mr. Hassan Ghanem

Chairman and Managing Director of the famous Housing and Development Bank, Ghanem also has extensive banking experience of more than 33 years.

Dr. Lubna Helal

Lobna is currently holding the position of Deputy Governor of the Central Bank of Egypt in charge of monetary stability. She became the first woman to hold the position of Deputy Governor in the history of the Central Bank of Egypt. She started her career in the banking sector.

Eng. Aabdel Moteleb Emara

Vice President of the New Urban Communities Authority for the Development and Urban Development Sector and the Vice President of the New Urban Communities Authority for the Development and Construction Sector.

Dr. Ahmed Weshahi

Member of the Board of Directors of City Edge Real Estate Development Dr. Ahmed Al-Washahi has extensive experience in project financing deals, as well as mergers and acquisitions.

Engineer/ Rajaa Fouad Abdel-Megeed

Member of the Board of Directors of City Edge Real Estate Development Company. Rajaa has held the position of Vice President of the New Urban Communities Authority for the Planning and Projects Sector since 2016, and in the same year, she was honored to be among the top 50 influential women in business enterprises.

Vision and Mission of City Eddge Developments

Our vision is to become known for delivering sustainable value in all our communities and managing mega projects in a way that reflects Egypt’s vision. We aim not only to enrich the lives of our communities and our employees. To provide our shareholders with a great return on their investment and be the frontrunner. mission at City Edge Developments also aims to lead in improving people’s lives for the better, by integrating innovative, high-value-added solutions in areas that we are proficient in developing and managing, and by providing sustainable living spaces for people.

Our focus is to provide a better and developed future, and we work with our employees, partners, in addition to the shareholders. To deliver sustainable performance driven by our values. We also work to follow some important values and basics so that we are always in continuous development and success for the greater society. And among those values that we follow in our next work. (Integration, honesty, trust, quality, simplicity)

Prominent Projects of City Edge Developments

We will not be able in a few words to describe the achievements made by the company through these names. The pioneering City Edge managed to take the undisputed first place in the real estate market. What made it increasingly distinguished were the projects that it carried out with international designs and in different locations that carry a competitive advantage. This made customers race as soon as the company announced a new edifice that joined the series of businesses owned by City Edge. Among those businesses are the following:

  • V40 District New Cairo
  • Jade Park New Capital
  • Garden City New Capital
  • Latin City New Alamein
  • Maspero Business Tower New Cairo
  • Etapa el Sheikh Zayed.
  • North Edge Towers New Alamein
  • Mazarine New Alamein
  • Zahya new Mansoura.
  • Downtown New Alamian.
  • The Gate New Alamein
  • Al Maqsad New Capital.
  • Mazarine New Alamine.
  • Al Maqsad Residences New Capital.

City Edge Developments's most prominent projects

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