VIE COMMUNITIES, an Egyptian-Emirati partnership bringing together investment and development expertise from both sides, announced its official launch as one of the promising alliances in Egypt’s real estate market. The company includes Future of Egypt for Investment and Development, Glamour Jewelry, and Damas Real Estate UAE, forming a combination of investment visions and expertise. The company also unveiled its flagship projects, Vie Collective with investments exceeding EGP 100bn and Vie Halo with investments surpassing EGP 50bn in New Cairo, reflecting an ambitious vision to redefine urban development and modern living standards, Invest-Gate reports.

Advanced Model for Regional Real Estate Cooperation

The launch of both projects reflects an advanced model for regional cooperation in the real estate sector, based on combining local expertise with ambitious investment visions to deliver more innovative, sustainable, and competitive developments. It also highlights the shared confidence in the strength of the Egyptian market and its future growth prospects, according to the statement issued on May 14.

Leadership Team Behind the Partnership

The partnership is represented by Tamer Abdel-Shafie, Chairman of the Board; Tarek Soliman, Vice Chairman; Dr. Haitham Samir, CEO and Board Member; and Eng. Tamer Nabil, Board Member. The board also includes Tawhid Abdullah and Saeed Ghanem Al Suwaidi, whose investment expertise and strategic visions support the company’s regional expansion plans and reinforce its ability to deliver projects according to global standards.

Vie Collective: A Mixed-Use Urban Destination

Vie Collective is considered one of the company’s flagship mixed-use developments, spanning 186 feddans in a prime location directly on the Middle Ring Road. The project adopts an innovative architectural concept that divides the development into multiple zones, each with its own design identity while maintaining the masterplan’s unified vision. It offers a variety of unit types, including villas, twin houses, townhouses, duplexes, apartments, as well as commercial, administrative, and hospitality components. The project targets sales exceeding EGP 200bn, with total investments surpassing EGP 100bn.

Vie Halo: An Integrated Commercial and Investment Hub

Vie Halo is an integrated commercial and investment destination developed in partnership with Nations of the Sky within Zomra East in New Cairo. The project introduces a modern mixed-use concept featuring commercial, administrative, and hospitality spaces, in addition to a social club and integrated medical complex. Vie Halo aims to achieve sales exceeding EGP 90bn, while investments surpass EGP 50bn, reflecting the company’s strategy to develop high-value investment projects in the Egyptian market.

Chairman Highlights Strength of the Alliance

Tamer Abdel Shafy, Chairman of the company, stated: “This alliance represents a strong model of investment cooperation built on the integration of expertise and visions between the Egyptian and Emirati sides.” He added that the achievement reflects mutual trust and a shared ambition to establish an entity capable of delivering globally competitive real estate projects that add real value to the Egyptian market.

Vice Chairman: Projects Reflect Company Vision

Tarek Soliman, Vice Chairman, emphasized that Vie Collective and Vie Halo are a true translation of VIE COMMUNITIES’ vision to deliver integrated projects that combine quality, diversity, and investment value in line with market developments and customer needs. He added that the projects also demonstrate the strength of the company’s partnerships with major local and international entities.

CEO: Focus on Integrated and Sustainable Communities

Dr. Haitham Samir, CEO and Board Member, commented: “At VIE COMMUNITIES, we believe the future of real estate development depends on building integrated communities based on innovation, sustainability, and long-term planning, rather than merely developing traditional projects.”