New City Developments revolutionized the Egyptian real estate landscape with unprecedented speed and impact. Dominating the market, NCD has transformed traditional housing methods. It is introducing cutting-edge construction techniques that have captivated investors and achieved record sales in time. The company also elevated its stature through innovative residential communities. Each project reflects a vision that enriches Egyptian society and offers a distinguished living experience.
NCD’s acquisition of Orascom Housing in 2020, along with its expansion into West Cairo, in addition to Upper Egypt, exemplifies its commitment to growth and excellence. Its latest venture, Eco West, spans 825 acres and features 530 acres of strategic projects across Egypt, highlighting NCD’s ambitious reach.
The leadership team is a cornerstone of NCD’s success. Dr. Manal Hussein Abdel Razek, CEO, brings over 35 years of experience and a legacy of enhanced operational efficiency. Mohamed Elnady, also CEO, has 24 years of expertise, having reshaped cities in the Middle East and Europe. Dr. Abdel Moneim El Sayed, Head of Human Resources, merges academia and industry, with 23 years of experience and significant roles in HR consulting.
She holds the position of CEO leading the market for over 35 years with a long list of achievements across multiple industries. She also chaired Orascom for six years, during which she achieved a record of accomplishments in improving sales. Besides being the operational efficiency as well as reduced operational costs with the supply chain. In addition to serving as a public official for over two decades in various prestigious roles.
He holds the position of CEO of New City Real Estate Development Company with 24 years of experience in the field of construction and real estate development. Participating in giant projects in MENA and Europe. He also gained extensive experience working for a leading development company in Dubai where he played a key role in reshaping the city and led the development of prominent projects in the region.
He holds the position of Head of Human Resources and Business Support with approximately 23 years of experience in the field, bridging the gap between academia and industry. Besides obtaining an MBA and PhD from Southern Illinois University USA. Besides providing leading HR consulting services to a whopping 34 organizations. In addition to holding many prestigious positions such as Human Resources Advisor to the Egyptian Minister of Finance. He also worked as a head of Human Resources at Orascom.
Mr. Dory has consistently demonstrated his expertise in business re-engineering, and internal controls. Also risk management, all while enhancing financial performance and analyzing complex data to guide decision-making. Over his 20-year career, he has led numerous projects to boost revenue and cash flow. His work in developing financial strategies, policies, and control frameworks has helped major developers in Egypt achieve their financial goals and stability. Mr. Dory holds a Bachelor’s in Foreign Trade and an MBA in Business Administration.
With a 20-year international career, Eng. Agameya has successfully delivered multi-million dollar residential and commercial projects across Kazakhstan, UAE, and Egypt. His expertise in construction planning, risk management, and procurement has set him apart in engineering, project control, and construction management. He earned his bachelor’s degree in construction engineering from the Arab Academy for Science, Technology, and Maritime Transport in 2002.
New City Development’s objectives are clear: forge lasting client relationships grounded in transparency, deliver projects on time, use high-quality, durable materials, and focus on aesthetic appeal and environmental sustainability. The company aims for optimal space utilization and rigorous adherence to agreements, integrating the latest technologies and international designs.
Its portfolio boasts standout projects that have been designed with state-of-the-art technology and high-quality standards. These developments, situated in prime locations, promise not just superior living spaces but a commitment to customer satisfaction and innovative solutions for a distinguished lifestyle. Some of these projects are the following:
Pioneer offers a new vision of modern integrated living, built on commitment, quality, and a deep understanding of the real estate market. We aim to lead the industry by providing top-tier projects, competitive prices, and flexible payment plans that suit all needs.
