El Batal Developments has officially launched Rock Developments, its new real estate arm, consolidating its projects across Egypt, Canada, and Saudi Arabia, Invest-Gate reports.
Starting with a capital of EGP 6 bn and total investments of EGP 10 bn, the move marks a significant milestone in the company’s expansion strategy.
The announcement was made during a grand event at Le Lac Du Caire Island, attended by El Batal’s leadership team, media representatives, and prominent public figures.
For his part, Emad Doss, founder of El Batal Developments and Rock Developments, emphasized the strategic importance of this launch. “Rock Developments consolidates all our residential and commercial projects under the ‘Rock’ brand, reflecting our vision for measured expansion in Egypt and beyond,” Doss stated.
Rock Developments manages over 10 residential and commercial projects, including Rock Elite in New Heliopolis, Rock Yard in Sheraton, Rock Eden in 6th of October City, Rock Capital in the New Administrative Capital, Rock Vera and Rock Gold Mall in Fifth Settlement, and Rock Ville in Obour City. Together, these projects currently accommodate 7,000 families, with plans to increase that number to 10,000.
Looking ahead, the company plans to launch new projects in 2025, with investments worth EGP 10 bn. Upcoming developments include Rock Residence, a commercial and hospitality project on Al-Amal Axis in the New Administrative Capital, and other ventures on Bin Zayed Axis and additional plots in the New Capital.
Rock Developments aims to redefine urban living with innovative and integrated communities across its markets.