Dominar for Development, one of the leading companies in the real estate development field, launches its first project in the New Administrative Capital (NAC), Invest-Gate reports.

The company signed cooperation contracts with a number of major local and international consulting companies to build and supervise the project construction.

Additionally, the company has signed a strategic partnership agreement with Yasser Al Beltagy Architects (YBA) as a general consultant for the project and Enova International to manage the project.

Fawzy Khattab, chairman of Dominar for Development, stresses the company’s insistence to contract with major consulting companies locally and internationally to benefit from their experiences and to offer a more distinguished real estate product that complies with the highest local and international standards and specifications.

It is worth noting that Dominar has a strong business precedent and nearly 30 years of experience. The company was established in 1991 and has developed many successful projects in Egyptian market. Moreover, the company has previously developed Maryland buildings, and 15 towers in Heliopolis and Maadi, in addition to some villa projects in New Cairo in areas of North Teseen St., Nargis, Southern Academy, and others.

The project is located on an area of 5,100 sqm in the Financial and Business District at New Capital, next to the Central Bank of Egypt and directly on Ministries Street.

The new project is a mixed-use administrative building that contains two garage floors, a ground floor and seven typical floors, and it consists of three separate connected buildings.