
LMD fast-tracks W Cairo construction, Egypt's first W Hotel, by the end of 2025
Cairo, Egypt - LMD (Landmark Developments), one of the premier real estate developers specializing in creating transformative residential and commercial experiences, is proud to announce that it is fast-tracking construction on W Cairo, the first W Hotel in Egypt brought by Marriott International, Inc. The project represents an investment exceeding 220 million dollars, with the structural skeleton slated for full completion by the end of 2025. Located within the One Ninety development in New Cairo, the hotel represents a bold addition to Egypt's luxury hospitality landscape.
This construction milestone reinforces LMD's commitment to timely deliveries, quality developments, speedy execution, and robust trustworthiness. With a passion for excellence, meticulous attention to details, and an integrated approach to design and functionality, LMD continues to redefine modern luxury through global partnerships and visionary execution. Further supporting this progress, LMD confirmed that world-renowned interior architecture firm Bowler James Brindley (BJB) has finalized all interior design works for the hotel, ensuring a blend of cutting-edge creativity and timeless elegance. BJB's design process is inspired by Cairo's rich history while simultaneously undertaking contemporary evolution. Their work includes W Sydney, W Manchester, W Barcelona, and W Budapest.
'Our target is clear, construction is moving full speed ahead',' said Eng. Amr Sultan, Founder and CEO of LMD, 'The W Cairo is not just a hotel. It is a statement of confidence, innovation, and commitment while introducing a whole new outlook on refined hospitality. At LMD, our vision extends far beyond transforming physical spaces into thriving communities to elevating living standards and offering endless possibilities. We are proud to be leading the charge in bringing Marriott's iconic W brand to Egypt and delivering a project that exceeds expectations in both design and experience.'
W Cairo Hotel brings Marriott International's celebrated 'Whatever/Whenever®' philosophy to Egypt for the first time. The hotel will feature330 elegantly appointed rooms and suites, drawing inspiration from Egyptian heritage, most notably, the lotus flower, reimagined with contemporary sophistication. Guests will enjoy exclusive amenities including the WET® infinity pool deck, AWAY® soul-soothing spa, WIRED® business center, and the brand's signature FIT® fitness hub.
Seamlessly connected to One Ninety's lush Urban Park spanning over 30,000 sqm. W Cairo Hotel will offer direct access to artisanal dining, luxury retail, and vibrant entertainment. The entire experience is designed to be immersive, offering guests panoramic views and tailored moments that reflect both local culture and global standards of excellence.
One Ninety, LMD's $1 billion flagship mixed-use development, is thoughtfully master planned across 344,315 square meters of lush, iconic land. Strategically located at the intersection of 90 Street and the Ring Road, the project features
W Cairo The Residences, Cairo design District (CDD), and the Urban Park with expansive green spaces, offering a fully walkable, future-ready destination. With this new project, LMD continues to push boundaries and inspire with its groundbreaking collaborations, exceeding the expectations of both its customer base and investors.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
29 minutes ago
- Zawya
Egypt, UAE's IRH explore cooperation in finance, mining
Arab Finance: Egypt's Minister of Petroleum and Mineral Resources Karim Badawi met with Vineet Mehra, chairman and CEO of the Abu Dhabi–based International Resources Holding (IRH), a company operating across critical minerals, mining, trading, and technology, to discuss prospects for cooperation in the fields of finance and mining, as per a statement. Mehra stressed that IRH views cooperation with Egypt as part of a long-term vision and highlighted the country's significant potential in mining. He added that the company is keen to transfer its expertise and apply its successful models, already implemented in other countries, to the Egyptian market. During the talks, Mehra presented proposals for financing mechanisms and models of technical and technological support. Both sides agreed to establish a timetable for implementing phases of cooperation in finance and mining. Badawi underlined that the partnership represents a new model of strategic cooperation, combining sustainable financing with modern technology to maximize the benefits of mineral resources and wealth, serving the interests of both the state and investors. © 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (


Zawya
30 minutes ago
- Zawya
Egypt's auto market: Local assembly vs Chinese momentum
In recent years, Egypt's automotive market has undergone a transformation, marked by a palpable shift in consumer preferences and the rise of new market players. While traditional European and Japanese brands once dominated, the landscape is now being reshaped by the aggressive entry and rapid growth of Chinese car brands. The government is actively pushing to reduce the country's reliance on imported vehicles and parts, aiming instead to foster a domestic manufacturing base. However, this ambition faces hurdles, particularly in the nascent but crucial electric vehicles (EVs) sector. The Surge of Chinese Cars Car sales in Egypt rose by 96.93% year-on-year (YoY) in the first half (H1) of 2025, reaching 74,490 units, compared to 37,830 in the same period last year, according to the Automotive Marketing Information Council (AMIC). Chinese car sales in Egypt are booming, with their market share at 37.1% in H1 2025, up from 31.9% in H1 2024, as shown by AMIC data. Egyptian buyers are frequently opting for Chinese cars not only for their affordability but also for enhanced safety features and overall quality, making them a competitive and favored choice in the local market, AMIC noted. In this regard, a source from Mercedes-Benz, who spoke on condition of anonymity, told Arab Finance: 'The rise of Chinese cars does not only impact buyers who purchase lower-priced vehicles, it also affects high-end clients. Someone who used to buy a car worth EGP 8 million to EGP 10 million is now asking why pay that much when they can get the same features in a car costing EGP 2 million or EGP 2.5 million.' The source highlighted that some of the features buyers opt for in Chinese models include heating, cooling, massage functions, 360-degree cameras, blind-spot monitoring, and auto-parking. In 2024, China accounted for 22.2% of Egypt's imports of vehicles, excluding railway or tramway rolling stock, and related parts and accessories, according to the International Trade Center's (ITC) Trade Map. The imported value grew 4% during 2020-2024, and surged 122% between 2023 and 2024. Prospects for Car Localization in Egypt In June 2022, Egypt launched the National Strategy for Localizing the Automotive Industry. The plan was developed through cooperation among all industry stakeholders, foreign partners, and the Federation of Egyptian Industries (FEI). The strategy's importance lies in meeting the increasing demand for cars while easing pressure on the state's foreign currency resources. Under the fiscal year (FY) 2024/2025 budget, an amount of EGP 1.5 billion was allocated to support the strategy. So far, seven companies have registered for the initiative, with three having submitted their invoices. The updated strategy received the cabinet's approval in May 2025 and came into effect in July 2025. According to the cabinet, the plan includes several car manufacturing and assembly projects. Among them is the Geely car assembly plant, which has two production lines with a total annual capacity of up to 10,000 cars and a local content ratio of up to 45% in the assembly lines. Another is El Nasr Automotive Company, which uses more than 50% local components and produces 300 buses annually. The Egyptian German Automotive Company (EGA) plant is also a part of the plan, with an annual production capacity of 1,200 Mercedes cars and 3,000 Exceed cars. The localization strategy includes the assembly of various brands, including Chinese cars, in Egypt. 'When it comes to importing Chinese cars versus assembling them locally, pricing is the deciding factor,' the Mercedes-Benz source said. 'Pricing impacts all. Although locally assembled cars might not have all the features we want, price will always be the key factor in car sales. ' Egypt's Push for EV Manufacturing Egypt is also taking steps to localize the manufacturing and assembly of EVs. As part of its efforts to develop the EV industry, a contract was signed to establish a joint-stock company to manufacture electric minibuses, with a production capacity of up to 300 buses. The country's first-of-its-kind minibus is expected to have a capacity of 24 passengers. Additionally, a production line for electric batteries, with a production capacity of 600 units, will be established in 2026. Development efforts also include the launch of the Egyptsat Auto company project, with an investment cost of about EGP 300 million. The project manufactures electric passenger cars and buses, EV charging stations, electric scooters, EV components, and spare parts, the cabinet announced previously. These initiatives align with Egypt's goal to expand local EV production by relying on local factories and foreign expertise in research and development. The country also aims to turn into a hub for exporting EVs to promising African and Middle Eastern markets, according to a 2023 study published by the cabinet's Information and Decision Support Center (IDSC). Yet, EV adoption in Egypt might face several challenges, particularly in terms of infrastructure and the limited number of charging stations. Moreover, maintenance and the availability of spare parts are other hurdles, as explained by the IDSC study. However, these challenges can be mitigated by establishing more EV charging stations and maintenance centers, raising the local component of EV parts to 50-60%, and relying on foreign expertise for electric battery production until manufacturing is localized. This is in addition to localizing electric battery manufacturing technology by leveraging the expertise of foreign partners to achieve 100% localization for vehicles and related industries. This battery expertise can be used in other electrical industries as well, as per the study. Egypt's automotive industry is advancing through a strategic blend of market adaptation and government-driven industrial policy. The confluence of rising Chinese automotive presence, national localization policies, and nascent EV production capabilities signals a promising trajectory toward a more competitive, self-reliant, and sustainable automotive sector. Continued progress will depend on addressing structural challenges, enhancing consumer awareness, and fostering partnerships that capitalize on both local and international expertise.


Zawya
30 minutes ago
- Zawya
Egypt studies converting Helwan Iron into textile industries complex
Egypt - Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir has announced that the government is studying the conversion of the Helwan Iron and Steel Company into a major complex for textile industries and supporting industries for ready-made garments, with the aim of attracting foreign investments and boosting local value-added. Al-Wazir directed ministry officials to strengthen integration across industrial chains and deepen complementary industries for the garments sector, in order to reduce the import bill for production inputs. The announcement came during his visit to Technotex Factory, part of El-Nile Group, located in the Second Industrial Zone in 15th of May City. The facility, spanning 55,000 sqm, has an annual production capacity of 9.5 million pieces and a local component ratio of 35%. It exports 100% of its output, valued at EGP 3bn annually, to 12 international markets including the United States, Europe, and Turkey. The group currently employs 5,000 workers. During the visit, Al-Wazir inspected the production halls for shirts, trousers, packaging, the laser section, and the washing unit. He also reviewed the group's 2026 plan presented by factory director Walid Kamal, which targets raising production capacity to 14.7 million pieces annually, increasing the workforce to 8,000 employees, and expanding exports to EGP 4.7bn. The minister praised the factory's performance and emphasised the competitiveness of Egyptian ready-made garments in global markets. He underscored the sector's importance as a labour-intensive, energy-efficient industry in which Egypt enjoys a strong reputation, stressing that the country has all the ingredients to advance it — from raw material availability and skilled labour to advanced technology and knowledge.