Smart Villages Development and Management Company (SVC) announced that Royal Insurance, one of the leading companies operating in Egypt’s insurance sector, has joined the Smart Village business community through the purchase of Administrative Building “B” within the KONEKT Administrative Complex. This step represents a strategic milestone that reflects the strong confidence of major institutions in the advanced environment and integrated infrastructure offered by Smart Village, further reinforcing its position as the first and largest integrated business community in Egypt, Invest-Gate reports.

KONEKT Administrative Building “B” spans five floors with a total built-up area of 5,500 sqm, constituting a qualitative addition that enables Royal Insurance to enhance its services, develop innovative insurance solutions, and expand its capacity to serve a broader client base across various sectors.

This move further strengthens the position of the KONEKT Administrative Complex as a fully integrated business hub that seeks to attract leading companies in search of workspaces that support continuous development and practical expansion. This is driven by the comprehensive operational services and growth-supportive environment provided by Smart Villages Development and Management Company, making it a preferred destination for businesses. The move also reflects Royal Insurance’s strategic direction toward expanding its presence in the Egyptian market and developing its operational capabilities, reinforcing its leading role in delivering advanced insurance services that meet the needs of both individuals and corporations alike.