Mekky Developments announced signing a strategic partnership with Capital Edge Developments to develop a group of integrated urban projects in New Cairo, with targeted investments estimated at approximately EGP 10 billion. The partnership is based on a shared vision between the two companies to deliver projects that meet the latest global standards in urban development. Invest-Gate reports.

Mekky Highlights Strategic Value of the Partnership

Dr. Ahmed Mekky, Chairman of Mekky Developments, said the partnership with Capital Edge Developments represents a significant strategic step toward delivering high-quality projects that add real value to Egypt’s real estate market. He noted that the integration of the two companies’ expertise will help provide innovative real estate products that meet clients’ aspirations and keep pace with the sector’s rapid development. According to the statement issued on July 1.

Building on Extensive Industry Experience

He added that the partnership is the culmination of both companies’ extensive experience and proven track records in developing diverse real estate projects, in addition to the accumulated expertise of their founders in the construction and real estate development sectors, ensuring projects that uphold the highest standards of quality, innovation, and sustainability.

Strong Partnerships Drive Growth

He further emphasized that strong partnerships are among the key drivers of growth in the real estate sector, adding that this collaboration is built on a shared commitment to quality, innovation, and delivering integrated projects that maximize returns and create added value for both clients and investors.

Capital Edge: Shared Vision Backed by 25 Years of Experience

Eng. Ahmed El Gendy, CEO of Capital Edge Developments, said the collaboration reflects strong alignment in the strategic visions and objectives of both companies. He noted that the partnership is supported by a combined 25 years of experience and a strong track record, enabling the companies to deliver distinguished projects that meet the highest technical and engineering standards.

Advanced Urban Development Model

He added that the partnership aims to introduce an advanced model for integrated urban projects based on the latest technologies and innovative design and construction solutions, contributing to enhanced quality of life and sustainable value for Egypt’s real estate market.

More Projects to Be Announced

El Gendy concluded that the coming period will witness the launch of several new projects reflecting the scale and ambitions of the partnership while supporting expansion and growth plans in line with Egypt’s ongoing urban and developmental renaissance across its promising cities and regions.