Cairo Capital Developments Completes First Phase of Lake West 1
Yasser Khalaf, Chairman of Cairo Capital Developments, stated that the successful handover of 1st phase, which received high praise from clients, reflects the company's dedication to meeting delivery deadlines and providing top-tier quality.
He noted that the Lake West project is strategically located on Waslet Dahshour and covers an area of 43 feddans. The development offers a wide range of services and is being executed through self-financing. It comprises two phases, with the first already delivered, and the second currently underway and scheduled for handover within two months.
This upcoming phase includes 123 villas and is being implemented by Cairo Capital Contracting—a sister company with over 30 years of experience in the Saudi market. The firm holds a Grade A classification, underscoring its strong track record, operational scale, and technical expertise, Khalaf added.
He added that 96 villas have already been delivered and are now occupied by residents, pointed out that the company is working at full capacity to complete the second phase soon, maintaining the highest standards of quality. As the largest project on the Dahshour Link Road, spanning over 43 feddans, Lake West is positioned to become a model residential community in this prime location.
He said, 'Commitment goes beyond just meeting delivery deadlines — it extends to precision in details, high-quality finishes, and providing a fully integrated and secure residential environment. These elements are the cornerstone of any successful and sustainable real estate project.'
He concluded that the company is currently working on four projects simultaneously in Sheikh Zayed city, as part of an ambitious expansion plan aimed at strengthening its presence in one of the most attractive real estate investment areas in West Cairo. These projects are diverse in nature, designed to meet various needs and cater to a wide range of customers.
تم نسخ الرابط
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
See - Sada Elbalad
a day ago
- See - Sada Elbalad
Syria, Saudi Arabia Seal $6 Billion Investment Deal
Israa Farhan Syria and Saudi Arabia have reached a landmark economic agreement to sign 44 investment deals valued at $6 billion, signaling a major step in rebuilding and strengthening bilateral ties across multiple sectors. The announcement was made by Syrian Information Minister Hamza al-Mustafa during a press conference in Damascus on Wednesday, coinciding with the Syrian-Saudi Investment Forum. The new agreements span a wide range of industries, including energy, technology, media, and communications. Minister al-Mustafa highlighted that the initiatives are expected to generate over 50,000 jobs across the country, contributing significantly to Syria's economic recovery. The minister underscored the importance of attracting private capital, particularly in the energy sector, and noted that discussions with Saudi investors also touched on cybersecurity, artificial intelligence, and digital infrastructure. This wave of investment follows sweeping political changes in Syria. On 8 December 2024, Damascus fell to the armed opposition, prompting President Bashar al-Assad to resign and leave the country. Ahmed Al-Sharaa, leader of the opposition, was appointed transitional president in January, with a new cabinet formed in March. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks
Al-Ahram Weekly
2 days ago
- Al-Ahram Weekly
Saudi announces $5 billion in Syria investments - Region
A Saudi delegation visiting Damascus on Wednesday inked investment and partnership deals valued at $5 billion to help rebuild war-battered Syria, the oil-rich Gulf kingdom announced. Saudi Arabia has been a major backer of the new Syrian government, which seized power after Islamist-led rebels toppled longtime ruler Bashar al-Assad in December following 14 years of civil war. The delegation of some 150 investors and representatives of the Saudi public and private sectors, led by Investment Minister Khalid Al-Falih, attended a forum in Damascus. "The announced investments, valued at 19 billion Saudi riyals (about $5 billion), span vital and strategic sectors, including real estate, infrastructure, communications and IT, transportation and logistics, industry, tourism, energy, trade," and more, a statement from the investment ministry said. On Tuesday, the ministry had said the Damascus forum aimed to "explore cooperation opportunities and sign agreements that enhance sustainable development and serve the interests of the two brotherly peoples". Earlier this month, President Donald Trump formalised the dismantling of US sanctions on Syria, hoping to reintegrate the country into the global economy. He had already lifted most of the measures in May, responding to appeals from Saudi Arabia and Turkey. The US president met Syria's interim leader, Ahmed al-Sharaa, during a visit to Saudi Arabia the same month. Sharaa, a former jihadist, had also paid a visit to Riyadh in February in his first trip abroad since Assad's ouster. Earlier this year, Saudi Arabia and Qatar pledged to settle Syria's debt to the World Bank, totalling about $15 million. Despite vows to unify the country, the new government in Damascus has struggled to maintain order, with deadly clashes involving minority groups raising questions about Syria's stability. Bloody violence in Sweida province earlier this month started with clashes between Druze fighters and Sunni Bedouin tribes, but soon escalated, with Israel later intervening with air strikes targeting government installations. More than 1,300 people, mostly Druze, were estimated to have been killed during the fighting, according to the Syrian Observatory for Human Rights monitor. Follow us on: Facebook Instagram Whatsapp Short link:
Al-Ahram Weekly
2 days ago
- Al-Ahram Weekly
Saudi delegation aims to invest billions in Syria: State media - Economy
A Saudi delegation of over 100 investors arrived in Damascus on Wednesday ahead of a conference aimed at securing billions of dollars in deals to help rebuild war-battered Syria. The oil-rich Gulf kingdom has been one of the major backers of the new Syrian government that seized power after Islamist-led rebels toppled longtime ruler Bashar al-Assad in December, after 14 years of civil war. Saudi state broadcaster Al-Ekhbariya said the country's investment minister, Khalid Al-Falih, was leading the delegation, which included 120 investors, aiming to ink agreements worth 15 billion riyals ($4 billion). On Tuesday, Saudi's investment ministry said the forum aimed to "explore cooperation opportunities and sign agreements that enhance sustainable development and serve the interests of the two brotherly peoples". Earlier this month, President Donald Trump formally dismantled US sanctions targeting Syria, hoping to reintegrate the country into the global economy as Israel mulls ties with its new leadership. Trump lifted most sanctions against Syria in May, responding to appeals from Saudi Arabia and Turkey. The US president met Syria's interim leader Ahmed al-Sharaa during his visit to Saudi Arabia in May, months after the former jihadist took his first trip abroad since Assad's ouster to Riyadh in February. Earlier this year, Saudi Arabia and Qatar pledged to settle Syria's debt to the World Bank totalling about $15 million. Despite vows to unify the country, the new government in Damascus has struggled to maintain order, with deadly clashes involving minority groups raising questions about Syria's stability. Bloody violence in Syria's Sweida province earlier this month started with exchanges between Druze fighters and Sunni Bedouin tribes but soon escalated, with Israel later intervening with air strikes targeting government installations. More than 1,300 people, mostly Druze, were estimated to have been killed during the fighting, according to the Syrian Observatory for Human Rights monitor. Follow us on: Facebook Instagram Whatsapp Short link:
