ARABCO Developments announced that it is preparing to launch a new project in the Golden Square district of the Fifth Settlement in New Cairo, reflecting the company’s confidence in the Egyptian real estate market and aligning with its expansion strategy to deliver innovative projects, Invest-Gate reports.

Eng. Mohamed Ouf, Chairman of ARABCO Developments, said the Egyptian market offers strong opportunities amid rising demand for integrated real estate developments. He emphasized that the new project’s strategic location, distinctive design, and quality of implementation will make it a valuable addition to the company’s growing portfolio, highlighting ARABCO’s 32 years of experience in both Egypt and abroad.

Ouf noted that ARABCO has operated in Dubai for over three decades, earning the “Unlimited Floors” classification and successfully delivering more than 300 projects there. Since entering the Egyptian market in 2016, the company has completed over 100 projects, spanning residential towers, administrative buildings, and commercial malls.

Among its recent developments in Egypt are Livelli Mall, which is nearing delivery ahead of schedule, and the Cattleya Compound, currently making steady construction progress. Ouf reaffirmed ARABCO’s commitment to delivering all units on time and to the highest quality standards, underscoring its reputation as a trusted partner in the Egyptian and Arab real estate sector.