Aknan Developments, in partnership with Adrec Developments, announced the launch of “Multqa Social District” in one of New Cairo’s most prominent and vibrant areas, during a press conference revealing the project’s key features. The development introduces a modern, integrated mixed-use destination that combines commercial, administrative, and entertainment spaces designed to meet market needs and add real value to East Cairo, Invest-Gate reports.
Eng. Mohamed Helal, Chairman of Aknan Developments, said the project marks a new milestone in a partnership built on more than two decades of experience in construction and real estate development. He noted that Aknan’s portfolio spans residential, commercial, and administrative projects in New Cairo, while Adrec brings a strong track record in residential communities, commercial centers, and medical hubs. Helal emphasized that “real development starts with attention to detail,” adding that Multqa delivers a complete daily experience that blends work and leisure within a contemporary design suited to modern lifestyles.
Helal stressed that the partnership reflects a shared commitment to quality, transparency, and creating mixed-use destinations that support companies and brands with flexible, growth-ready spaces. He said Multqa introduces a new mixed-use model featuring well-designed commercial units, diverse administrative spaces for companies and entrepreneurs, and open entertainment zones that foster work-life balance.
For his part, Eng. Hussein Abdelkader, Chairman of Adrec Developments, expressed pride in launching the project with Aknan, adding that the partnership stems from a strong alignment in vision. He stressed that customers are placed at the heart of the development process, which guides the company’s focus on long-term value. “Multqa is not just a commercial, administrative, and entertainment destination—it is a complete experience and a new model for mixed-use communities,” he said.
Abdelkader added that Adrec is committed to smart planning and quality execution, ensuring a product designed with meticulous attention to site selection, design, and operational efficiency. He affirmed that Multqa is set to become one of New Cairo’s key landmarks and a reflection of the company’s development ambitions.
During the conference, the developers presented their strategic partners, chosen from leading consultancy and real estate expertise firms. These include Eng. Wael El Samman, founder of SMARCH Engineering Consultancy, as the project’s architectural consultant; The Arab Company for Entertainment (RECO); EGY MAP for the management and operation of commercial and administrative centers; and RECAP Marketing Consultancy.
SMARCH highlighted that Multqa’s architecture adopts a modern design that harmonizes with its surroundings, featuring stepped masses that create a sophisticated and attractive visual identity. The administrative, commercial, and entertainment spaces were distributed with precision, supported by clear circulation routes, multiple entrances, and dedicated service gates—ensuring seamless access and visitor safety.
Mohamed Al-Husseiny, Board Member of the Arab Company for Entertainment (RECO), said the company aims to deliver a dynamic entertainment experience that serves all age groups and increases visitor engagement. He confirmed that RECO’s entertainment plan includes continuous updates and diversified offerings that reflect the spirit of the location and enrich daily life in the surrounding South Academy area.
Eng. Ramadan Saber, General Manager of EGY MAP, noted that Multqa enjoys a strategic location at the heart of the highest residential density in South Academy and is the only project on the Khalid Bin Al Waleed Axis. He added that its proximity to the Hassan Al Sharbatly Mosque and its integrated mix of daily and entertainment services will create a superior user experience and attract diverse audiences.
Aknan Developments has been active in contracting and construction since 2002 and expanded into real estate development in 2007, delivering notable projects such as Zoan Plaza, Aknan Building, and international schools in the New Capital. The company is known for high-quality execution and premium architectural façades in key New Cairo locations.
Adrec Developments has also built a strong reputation through innovative projects in East Cairo, including The Market, The Health Hub, and The Merge. The launch of Multqa represents a significant step for both companies, combining their expertise to create an integrated destination that raises the standards of commercial and administrative development in New Cairo. With smart planning, quality execution, and attention to detail, Multqa is set to become one of the city’s most prominent mixed-use destinations in the coming years.