logo
Egypt: SIAC Developments begins handover of The Central in New Capital with over 70% delivered, 90% sold

Egypt: SIAC Developments begins handover of The Central in New Capital with over 70% delivered, 90% sold

Zawya14-07-2025
Egypt - SIAC Developments has announced the start of unit handovers at its flagship administrative project, The Central, located in Egypt's New Administrative Capital (NAC). The company has already delivered more than 70% of the project's units and reported strong sales exceeding 90%, as The Central nears completion and welcomes a diverse range of businesses.
Nahla El Ebiary, Managing Director of SIAC Developments, commented: 'At The Central, we are not merely delivering administrative offices; we are building a foundation for growth—an integrated environment that supports success and offers tangible long-term investment value. This has always been our top priority across all our projects. We are committed to ensuring that The Central stands as a benchmark for competitive Egyptian developments locally and internationally.'
El Ebiary added that the project provides businesses with a prime location, designs by top experts, advanced facilities, and strict adherence to implementation schedules—highlighting the company's dedication to meeting delivery deadlines.
The Central was specifically designed to create an optimal working environment that supports business growth and maximizes investment returns. The project is being constructed by SIAC Construction, a leading firm behind numerous landmark administrative, industrial, and residential projects in Egypt and the wider region.
Targeting businesses of all sizes, The Central offers a range of administrative units suitable for startups, SMEs, and large enterprises. The project comprises a G+7 building with two basement parking levels, dedicated archive and storage areas, and five high-speed elevators. It also features an extensive array of services and amenities to support corporate employees and visitors alike.
In line with global best practices, The Central applies the highest sustainability standards. Its smart building infrastructure is equipped to support modern technology systems—including security, access control, and energy management. The project also integrates solar energy solutions to reduce operational costs and environmental impact, while sustainable construction materials and design principles ensure long-term environmental responsibility.
Adding further value, long-term facility management at The Central will be handled by SIAC FM—a sister company under SIAC Holding and a market leader in facilities and real estate asset management—guaranteeing ongoing maintenance and service quality for clients.
© 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (Syndigate.info).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bel Egypt joins Danone Egypt's 'Omda' initiative to extend its rural footprint and drive meaningful community impact
Bel Egypt joins Danone Egypt's 'Omda' initiative to extend its rural footprint and drive meaningful community impact

Zawya

time6 hours ago

  • Zawya

Bel Egypt joins Danone Egypt's 'Omda' initiative to extend its rural footprint and drive meaningful community impact

Cairo, Egypt — As part of its continued growth and expansion strategy, Bel Egypt, a global leader in dairy products, has entered into a strategic co-distribution partnership with Danone Egypt through their established CSR initiative 'Omda'. This collaboration marks a significant milestone in Bel's mission to deliver accessible, affordable nutrition to underserved rural areas while advancing sustainable development goals. The partnership was signed in the presence of H.E. Éric Chevallier, the French Ambassador to Egypt; Hany Arram, Regional Manager of Bel Egypt and North East Africa; and Hesham Radwan, the General Manager of Danone Egypt. Originally launched by Danone Egypt as a flagship social impact program, 'Omda' enables micro-distributors, funded through Danone's banking partner, to own and operate distribution vans serving hard-to-reach areas. Today, the 'Omda' fleet comprises 370 vans, collectively reaching over 15 million customers across Egypt's rural and semi-urban regions. This new partnership builds on the 'Omda' initiative to significantly expand access to affordable La Vache Qui Rit, Kiri, and Abu El Walad products across underserved governorates in Delta, Beheira, and Upper Egypt—aiming to reach thousands of additional households. This initiative aligns with Bel's 'For All, For Good' strategy, promoting community well-being and inclusive nutrition. The partnership with Danone Egypt expands rural market reach while maintaining zero additional environmental impact. By streamlining distribution networks and leveraging the efforts of sales and logistics teams, the collaboration has contributed to a 50% reduction in the combined carbon footprint, highlighting that sustainability can be driven not only by production facilities but also by efficient commercial operations and smarter go-to-market strategies. On this occasion, His Excellency Eric Chevallier praised the initiative. Two French companies forming alliances to build strong partnerships by drawing on what makes French economic presence in Egypt so impactful : value added, job creation, training and focus on talents, contribution to the economic growth and, in this case also improving access to quality nutrition in rural areas, and reducing the carbon footprint of their operations. Echoing this sentiment, Hesham Radwan, General Manager of Danone Egypt stated, "We are proud of this strategic partnership with Bel Egypt, which brings together two French companies with global legacies and long-standing roots in Egypt. This collaboration perfectly aligns with our mission to empower local communities and expand access to healthy, nutritious food across the country. Together, we are not only enhancing the efficiency of our distribution networks but also reinforcing our commitment to health, environmental responsibility, local empowerment, and shared, inclusive growth. He added, 'By combining our infrastructure, reach, and expertise, we are enabling more people in more communities to access the nutritious products of both Danone and Bel. This partnership is a powerful step forward on our journey to fulfill Danone's core purpose—bringing health through food to as many people as possible.' Hany Arram, Regional Manager of Bel Egypt and North East Africa, commented: 'This partnership with Danone is a key milestone in Bel Egypt's mission to serve more Egyptian families, responsibly, sustainably, and at scale. We are proud to collaborate with a like-minded partner that shares our commitment to social impact and inclusive growth. By tapping into the proven success of the Omda initiative, we're not just expanding our physical presence; we're actively improving access to quality nutrition, supporting local entrepreneurship, and driving meaningful reductions in our environmental impact.' About Bel Company The Bel Group is a major player in the healthy dairy, fruit and plant-based snacks segment. Its portfolio of differentiated and internationally recognized brands includes The Laughing Cow®, Kiri®, Babybel®, Boursin®, Nurishh®, Pom'Potes®, and GoGo squeeZ®, as well as some 25 local brands. Together, these brands helped the Group generate sales of €3.7 billion in 2024. Bel has been operating in the Egyptian market for over 25 years, employing 1,500 staff. The company's products have become an integral part of the daily lives of Egyptian families through its iconic brands "La Vache Qui Rit" and "Kiri." Bel Egypt serves as a strategic manufacturing hub, exporting products to nearly 19 countries, leveraging cutting-edge technologies. In line with its vision of "providing healthy and balanced food for everyone," Bel contributes to promoting healthier eating habits while increasing the accessibility of its products. The company is committed to implementing various initiatives that foster sustainable agriculture, combat climate change, and design environmentally friendly packaging. About Danone Egypt Danone Egypt is a subsidiary of Danone, with its headquarters operating in Cairo since 2006, with a leading position in the essential dairy category (Danone Yogurt, Danette, Activia, Danone Max, Danone Greek, HiPro, Dango and El Baraka) and plant-based products (Alpro). Danone Egypt's 1,500 employees are driven by the ambition to nourish a healthier and happier Egypt. Danone is proud to make a positive contribution to Egypt with great-tasting, healthier, and top-quality products for children and families, which support healthy lifestyles for all Egyptians. Danone Egypt has a plant in Obour and a world-class dairy farm in Nubariya, the third largest in Egypt. Danone Egypt is the first company in Egypt to achieve the B Corp TM Certification. It recognizes the company's ambition to act beyond financial profit and put purpose at the heart of its business strategy in addition to meeting the highest standards of social and environmental performance.

DMDC launches property investment arm with Dhs100m commitment
DMDC launches property investment arm with Dhs100m commitment

Gulf Business

time7 hours ago

  • Gulf Business

DMDC launches property investment arm with Dhs100m commitment

Image: Getty images The announcement was made during a private press conference and marks the company's largest strategic investment since its inception. DMDC has allocated Dhs70m to kickstart a portfolio of premium residential projects, with flagship developments already underway in Arabian Ranches, Jumeirah Golf Estates, and Emerald Hills. An additional Dhs30m investment is planned for the second half of 2025, bringing the total capital commitment to Dhs100m for the year. Unlike DMDC's core client-focused services, DMDC Estates is wholly owned and operated by the company, focusing exclusively on acquiring, renovating, and selling luxury properties across Dubai. By operating independently, the new division allows DMDC to apply its full creative and construction expertise without external constraints. The company confirmed it will continue to undertake client projects across interior design and construction, while DMDC Estates will focus solely on its own development ventures. The first completed property under DMDC Estates is already generating buzz. A fully reimagined six-bedroom villa in Arabian Ranches, the project has been elegantly redesigned from the ground up and serves as a model for a series of curated homes currently in progress. 'We are excited to finally share DMDC Estates, a division that has been months in the making,' said Raji Daou, CEO of DMDC. 'The market is constantly evolving, and we are delighted to be part of Dubai's dynamic real estate scene in a brand new way. Through DMDC Estates, we'll be curating exceptional masterpieces that reflect our design philosophy and high standards.' Founded in 2021, DMDC has quickly risen to become a key player in Dubai's design and construction scene. The firm employs more than 700 professionals and delivers integrated solutions across residential, commercial, and retail sectors. By blending innovative design, digital technology, artisanal craftsmanship, and sustainable practices, DMDC has earned a reputation for pushing creative boundaries. The launch of DMDC Estates is a bold step toward expanding that vision — not just shaping interiors, but entire lifestyles, one property at a time.

UAE, DRC deepen mining investment cooperation ahead of African Mining Week 2025
UAE, DRC deepen mining investment cooperation ahead of African Mining Week 2025

Zawya

time7 hours ago

  • Zawya

UAE, DRC deepen mining investment cooperation ahead of African Mining Week 2025

CAPE TOWN, South Africa -- Mining and investment cooperation between the United Arab Emirates (UAE) and the Democratic Republic of Congo (DRC) intensified in 2025 with the signing of several agreements. As the world's leading cobalt producer - responsible for over 70% of global output -, a leading tin producer and Africa's top copper producer, the DRC's mining value chain is presenting increasingly attractive and strategic investment opportunities for UAE investors. As the DRC seeks to leverage UAE investments to unlock its $24 trillion-worth of mineral potential, the upcoming African Mining Week (AMW) 2025 will serve as a vital platform for strengthening UAE-DRC partnerships. The event will feature a dedicated Middle East-Africa Roundtable, featuring high-level panel discussions and project showcases, providing UAE investors the opportunity to connect with DRC policymakers and mining stakeholders. With growing global demand for energy transition and fourth industrial revolution minerals, the UAE is actively expanding its footprint in the DRC to secure mineral supply chains. UAE Investments in DRC Mining Congolese mining company Buenassa partnered with UAE-based NG9 Holding to develop the DRC's first integrated copper-cobalt refinery in mid-July. The facility is set to produce 30,000 tons of copper cathodes and 5,000 tons of cobalt sulphate annually, supporting the DRC's push for local beneficiation and value addition in its mining sector. In June 2025, Abu Dhabi's International Resources Holding (IRH) announced a $366 million acquisition of a majority stake in mining firm Alphamin Resources. The deal provides IRH with access to the DRC's Bisie Tin Complex - one of the world's largest and highest-grade tin deposits, responsible for 6% of global supply. IRH's investment in the project is expected to reinforce the DRC's role in the global tin market, with demand projected to grow by 20% by 2035. At AMW, a panel titled Cobalt Opportunity: DRC's Strategic Position in the EV Revolution, will connect UAE investors with opportunities in the DRC's expanding critical mineral sector. Beyond mining, UAE investments are also bolstering the DRC's energy infrastructure. NG9 Holding also signed a deal with Congolese energy company Kipay Energy to develop a 46 MW hydropower facility in Haut-Katanga, which will contribute to a total of 166 MW of electricity - helping to secure stable power supply for mining operations in the region. As UAE interest in the DRC's mining and energy sectors continues to grow, AMW will catalyze new partnerships, investments and deal signings that will further integrate the two nations' strategic interests in mineral development. Distributed by APO Group on behalf of Energy Capital & Power. About African Mining Week: African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ SOURCE: Energy Capital & Power

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store