In a move reflecting its strong expansion within the Egyptian market, Argynza Holding Group announced the launch of its new real estate arm, ON Developments, building on extensive and accumulated expertise in contracting, infrastructure, industry, and education, Invest-Gate reports.

The group is chaired by Eng. Ahmed El Gharbawy. Argynza Holding includes a diversified portfolio of investments across multiple sectors and possesses a strong track record of achievements in contracting, engineering works, industry, education, trade, and real estate development. Through its projects in East Cairo, the New Capital, and the North Coast, the company aims to deliver real added value to both clients and the market through a vision based on quality, execution expertise, and commitment, supported by a strong portfolio of national projects and investments inside and outside Egypt.

Strong Track Record in National Projects Inside and Outside Egypt

Argynza Contracting, established in 2001, is considered one of the group’s flagship companies. It has participated in implementing several major national projects, including the Military Academy in the New Capital, the Capital Gates project, the Car Market project, Egypt National University, Galala Landmark, Ismailia Beach Club, Port Said Hospital, and People’s Square in the New Capital. The company also participated within the consortium responsible for implementing the Grand Mosque of Egypt, in addition to many other projects.

The group also includes the Arab Engineering Works Company “Cairomatic,” which executed infrastructure works for several major projects, including the First Settlement, Galala City, Suez Canal University, and infrastructure development in 10th of Ramadan City.

On the international level, the company has implemented projects outside Egypt, most notably a tourist resort in Greece, infrastructure works for Fujairah City in the UAE, Malibu City in Guinea, in addition to several projects in Lesotho in West Africa.

Diverse Industrial, Educational, and Commercial Investments

In the industrial sector, the group owns several specialized industrial entities, including “Sani Pure” for sanitary ware manufacturing, “Sani Pure Engineering” for mixer production, “Cairomatic” for the design and construction of treatment plants, and “GB” factory for manufacturing GRP and PVC pipes. The group also owns a glass factory, “Z Electric” for electric cable manufacturing, “Z Steel,” “Al Nahar” factory for granite and marble, “Gomix” for ready-mix concrete production, in addition to “Jozour” cosmetics factory.

In the education sector, the group owns Rowan University in the New Capital, which is considered the first branch of the American Rowan University in the Middle East, in addition to a group of educational schools in New Cairo and the New Capital.

The group is also active in trade and diversified services, including restaurants, fuel stations, and heavy transportation, in addition to owning a mining concession in West Africa.

In the field of real estate development, the group contributed to several distinguished projects, including “IV” in the Fifth Settlement and “Vallis” Compound in the Sixth Settlement in partnership with Sky Abu Dhabi.

ON Developments Targets Delivering Real Added Value to the Real Estate Market

The group announced the launch of its new real estate arm, ON Developments, with a different and practical vision aimed at delivering genuine value to the Egyptian real estate market, focusing on providing an integrated real estate product that combines quality, innovation, and execution expertise.

The company has also appointed Mr. Ahmed Mostafa as CEO. He possesses more than 15 years of experience in the real estate sector and has achieved significant success as a business partner and exclusive marketer for several major real estate projects.

Through its upcoming projects in East Cairo, the New Capital, the North Coast, and Ain Sokhna, the company aims to create a different competitive environment within the real estate market while delivering real added value to clients. The company is currently preparing to launch its first project in the Fifth Settlement during the coming period.