Owagik Developments has announced a new phase in its journey with the launch of a refreshed visual identity that reflects its future vision and ambitious expansion strategy, in line with rapid developments in Egypt’s real estate sector, Invest-Gate reports.

Mohamed Emad Kassem, CEO of Owagik, stated that the new identity is more than just a visual update—it marks the beginning of a strategic expansion to deliver innovative, integrated real estate projects aligned with evolving market demands.

Coinciding with this rebranding, Owagik revealed the launch of a fully administrative tower offering 12,000 sqm of saleable space, as part of a new phase within Owagik Towers, one of the flagship mixed-use developments in the heart of Downtown, New Capital. Spanning 8,000 sqm, the project comprises three towers (G+15) and four basement levels, strategically located near landmarks like Central Park, Egypt Mosque, Al Masa Hotel, the Gold Market, and the monorail station. It also features the district’s largest open plaza, covering 5,300 sqm.

The new phase offers operational office spaces starting at 50 sqm, with prices from EGP 66,000 per sqm (after discounts for up to 7-year installments), along with flexible payment plans of up to 10 years and discounts reaching 50%—offering compelling value for investors and companies.

Kassem noted that construction progress has surpassed 50%, affirming the company’s commitment to timelines and quality, backed by the expertise of its parent firm, Global for Integrated Contracting, which has over 20 years of experience and a track record of more than 15 large-scale projects exceeding EGP 7 bn in value.

He concluded by emphasizing Owagik’s strong land portfolio in key cities and its upcoming projects designed with a fresh perspective, aiming to meet the dynamic needs of the Egyptian market and reinforce its position as a trusted, forward-looking developer contributing to a sustainable urban future.