Latest news with #MIDARforInvestmentandUrbanDevelopment
Tahya Masr
20-05-2025
- Business
- Tahya Masr
International Padel Tennis Tournament Concludes in "Mostakbal City," Sponsored by MIDAR
Mostakbal City in East Cairo hosted the International Padel Tennis Tournament from April 24 to 27. The event was organized by SR Padel under the umbrella of the International Padel Federation (IPF) and was sponsored by MIDAR for Investment and Urban Development - the Master Developer of 'Mostakbal City' and 'MADA' in East Cairo. The tournament was held at the covered padel tennis court complex in the VIBES area of Mostakbal City, with the participation of 51 teams comprising 102 players from 10 different countries. Spanning 17.5 acres, VIBES includes a padel sports complex and a 3,000-square-meter indoor hall featuring five panoramic courts, including a main court built to international standards. The district also offers service facilities such as Food court, clinic, and a bus station, marking a qualitative leap in providing sports facilities within the city. The tournament concluded with an awards ceremony honoring the winners. In the men's Silver category, prize money totaled approximately €7,500 and was awarded to Spanish players Álvaro Meléndez and José Luis González. In the women's Bronze category, the prize amounted to €3,500 and was claimed by Italy's Gabriella Rossi and Camilla Margherita. The event brought together 102 players representing Spain, Italy, France, Brazil, Portugal, South Africa, Kuwait, Saudi Arabia, Switzerland, and Egypt." Eng. Ayman Elkousey, CEO & Managing Director of MIDAR for Investment and Urban Development, stated: "Hosting this major international sporting event in Mostakbal City underscores MIDAR's leadership as one of Egypt's largest urban development companies, pioneering the model of integrated, sustainable residential cities. He noted that the event highlights the connection between sports and urban development within a comprehensive vision for the future of modern integrated cities. Elkousey added that the tournament's success confirms VIBES' readiness to host global competitions, reflecting international confidence in Egypt's infrastructure.
Economic Key
19-05-2025
- Business
- Economic Key
International Padel Tennis Tournament Wraps Up in Mostakbal City, Sponsored by MIDAR
Mostakbal City in East Cairo hosted the International Padel Tennis Tournament from April 24 to 27. The event was organized by SR Padel under the umbrella of the International Padel Federation (IPF) and was sponsored by MIDAR for Investment and Urban Development – the Master Developer of 'Mostakbal City' and 'MADA' in East Cairo. The tournament was held at the covered padel tennis court complex in the VIBES area of Mostakbal City, with the participation of 51 teams comprising 102 players from 10 different countries. Spanning 17.5 acres, VIBES includes a padel sports complex and a 3,000-square-meter indoor hall featuring five panoramic courts, including a main court built to international standards. The district also offers service facilities such as Food court, clinic, and a bus station, marking a qualitative leap in providing sports facilities within the city. The tournament concluded with an awards ceremony honoring the winners. In the men's Silver category, prize money totaled approximately €7,500 and was awarded to Spanish players Álvaro Meléndez and José Luis González. In the women's Bronze category, the prize amounted to €3,500 and was claimed by Italy's Gabriella Rossi and Camilla Margherita. The event brought together 102 players representing Spain, Italy, France, Brazil, Portugal, South Africa, Kuwait, Saudi Arabia, Switzerland, and Egypt.' Eng. Ayman Elkousey, CEO & Managing Director of MIDAR for Investment and Urban Development, stated: 'Hosting this major international sporting event in Mostakbal City underscores MIDAR's leadership as one of Egypt's largest urban development companies, pioneering the model of integrated, sustainable residential cities. He noted that the event highlights the connection between sports and urban development within a comprehensive vision for the future of modern integrated cities. Elkousey added that the tournament's success confirms VIBES' readiness to host global competitions, reflecting international confidence in Egypt's infrastructure تم نسخ الرابط
Tahya Masr
08-05-2025
- Business
- Tahya Masr
MIDAR Inaugurates Al Moez Mosque in "Mostakbal City"
Major General Eng. Amir Sayed Ahmad, Chairman of MIDAR for Investment and Urban Development, and Eng. Ayman ElKousey, CEO & Managing Director of the company, inauguratedAl Moez Mosque in Mostakbal City. The mosque spans 1,625 square meters and can accommodate over 2,700 worshippers. The event was attended by senior executives and board members of MIDAR, as well as a number of local and regional real estate developers participating in the development of their projects within MIDAR's cities, Mostakbal City and MADA. This comes as part of MIDAR for Investment and Urban Development's commitment to providing a wide range of integrated services for the city's residents, including places of worship, within a fully integrated urban community that meets all needs. Strategically located within Mercato, one of the largest service hubs in Phase III of Mostakbal City, the mosque lies within a vibrant 22-acre area that also includes commercial outlets and a dining district featuring prominent international brands - positioning it as a central destination for residents. Al Moez Mosque stands out with its unique Islamic architectural style, characterized by multiple domes, soaring minarets, and intricate Islamic motifs adorning the pulpit and interior walls, lending the space a sense of grandeur befitting a house of worship. The mosque comprises two levels - ground and upper -and offers two main prayer areas: an outdoor courtyard accommodating 1,384 worshippers, and an indoor men's prayer hall with capacity for 1,026 worshippers. A dedicated women's prayer area accommodates 384 worshippers. The mosque is equipped with modern amenities to meet the needs of worshippers, including multiple entry points and accessible pathways, elegantly designed ablution areas for both men and women, spacious waiting areas, and landscaped gardens. Additionally, the mosque features residential units for the imam and muezzin, a library stocked with key Islamic texts and references, and multipurpose rooms for community and social activities - establishing it as a comprehensive Islamic, cultural, and social center. Commenting on the occasion, Eng. Ayman ElKousey, CEO & Managing Director of MIDAR, stated:"The inauguration of Al Moez Mosque represents a significant milestone in the implementation of our city's master plan, which aims to provide top-tier residential, educational, healthcare, recreational, and commercial services in line with global standards." He added:" Al Moez Mosque is not just a place of worship; it is a beacon for Islamic, social, and cultural engagement that serves the entire community. At MIDAR, we are committed to ensuring that residents of our cities enjoy a dignified and holistic living experience."
Economic Key
05-05-2025
- Business
- Economic Key
MIDAR Inaugurates Al-Mo'ez Mosque in Mostakbal City
Major General Eng. Amir Sayed Ahmad, Chairman of MIDAR for Investment and Urban Development, and Eng. Ayman ElKousey, CEO & Managing Director of the company, inauguratedAl Moez Mosque in Mostakbal City. The mosque spans 1,625 square meters and can accommodate over 2,700 worshippers. The event was attended by senior executives and board members of MIDAR, as well as a number of local and regional real estate developers participating in the development of their projects within MIDAR's cities, Mostakbal City and MADA. This comes as part of MIDAR for Investment and Urban Development's commitment to providing a wide range of integrated services for the city's residents, including places of worship, within a fully integrated urban community that meets all needs. Strategically located within Mercato, one of the largest service hubs in Phase III of Mostakbal City, the mosque lies within a vibrant 22-acre area that also includes commercial outlets and a dining district featuring prominent international brands – positioning it as a central destination for residents. Al Moez Mosque stands out with its unique Islamic architectural style, characterized by multiple domes, soaring minarets, and intricate Islamic motifs adorning the pulpit and interior walls, lending the space a sense of grandeur befitting a house of worship. The mosque comprises two levels – ground and upper -and offers two main prayer areas: an outdoor courtyard accommodating 1,384 worshippers, and an indoor men's prayer hall with capacity for 1,026 worshippers. A dedicated women's prayer area accommodates 384 worshippers. The mosque is equipped with modern amenities to meet the needs of worshippers, including multiple entry points and accessible pathways, elegantly designed ablution areas for both men and women, spacious waiting areas, and landscaped gardens. Additionally, the mosque features residential units for the imam and muezzin, a library stocked with key Islamic texts and references, and multipurpose rooms for community and social activities – establishing it as a comprehensive Islamic, cultural, and social center. Commenting on the occasion, Eng. Ayman ElKousey, CEO & Managing Director of MIDAR, stated:'The inauguration of Al Moez Mosque represents a significant milestone in the implementation of our city's master plan, which aims to provide top-tier residential, educational, healthcare, recreational, and commercial services in line with global standards.' He added:' Al Moez Mosque is not just a place of worship; it is a beacon for Islamic, social, and cultural engagement that serves the entire community. At MIDAR, we are committed to ensuring that residents of our cities enjoy a dignified and holistic living experience.' ظهرت المقالة MIDAR Inaugurates Al-Mo'ez Mosque in Mostakbal City أولاً على المفتاح الاقتصادي.
