Latest news with #NewSohagCity
Zawya
19-05-2025
- Business
- Zawya
Ebny Developments unveils Upper Egypt's first international entertainment city with $10mln investment
Egypt - Ebny Developments has announced the launch of Ebnyland, the first and largest international entertainment city in Upper Egypt. Located in New Sohag City, the groundbreaking project represents a major leap for the region's tourism and leisure sector, with total investments exceeding $10m (around EGP 500m). Developed in partnership with leading entertainment firms from the UK, China, and Italy, Ebnyland spans 63,000 sqm and will feature more than 100 rides and attractions designed for all age groups. The city will also include cafés and retail outlets, offering a comprehensive, family-friendly entertainment experience. With the capacity to serve over 38 million people across Upper Egypt, Ebnyland is set to become a key regional destination for tourism, investment, and leisure. Abdallah Kamel, Chairperson of Ebny Developments, emphasized the project's alignment with Egypt's national strategy for developing Upper Egypt and enhancing its infrastructure. 'Ebnyland will deliver world-class entertainment, generate thousands of job opportunities, and attract both local and foreign investment,' Kamel stated. Mohamed Islam, Executive Director at Ebny Developments, revealed that construction is expected to be completed within six months. The grand opening will take place in partnership with global entertainment leaders including Frego, Midpower, E Park, Lark, Zamprela, and Childwood. Wagdy El-Aidy, General Manager of Ebny Developments, highlighted the company's track record since its founding in 2012, with over 22 completed projects across Cairo and Upper Egypt. In 2024, the company delivered its first residential project in New Sohag—Greeny Avenue—and plans to finalize two more projects in Cairo by 2025. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Zawya
17-05-2025
- Business
- Zawya
Ebny Real Estate Development launches Upper Egypt's first and largest international entertainment city investments
In a groundbreaking move to reshape the entertainment and tourism landscape in Upper Egypt, Ebny Real Estate Development has announced the launch of Ebny Land, the first and largest international entertainment city in the region. The project is located in New Sohag City, with total investments exceeding $10 million, and in collaboration with major entertainment companies from the UK, China, and Italy. Spanning 63,000 square meters, Ebny Land will feature over 100 rides and attractions for all age groups, along with cafes and retail shops, offering a fully integrated leisure experience for the entire family. Designed to serve over 38 million people across Upper Egypt, the city is set to become a regional destination for entertainment, tourism, and investment. Dr. Abdallah Kamel, Chairman of Ebny, emphasized the project's alignment with Egypt's vision for developing Upper Egypt and enhancing its infrastructure. 'Ebny Land will offer world-class entertainment and create countless job opportunities while attracting local and foreign investment.' Kamel stated. Mohamed Islam, Executive Director, added that the project reflects the company's strategic shift toward diversified investment, expanding into family entertainment and retail alongside its core real estate ventures. Construction is expected to be completed within six months, with a grand opening to follow, in partnership with global leaders such as Frego, Midpower, E Park, Lark, Zamprela, and Childwood. Wagdy El-Aidy, General Manager of Ebny stated that the company was founded in 2012 and has since made a significant impact through its high-quality real estate developments across Cairo and Upper Egypt. 'Our projects are built on deep market studies, tailored architectural designs, and a commitment to innovation, delivering high quality living experiences and redefining real estate standards in Egypt.' Since its establishment in 2012, Ebny Real Estate Development has delivered over 22 landmark projects across Cairo and Upper Egypt, including residential, administrative, medical, and entertainment developments. In 2024, the company delivered its first residential project in New Sohag—Greeny Avenue—and plans to complete two more projects in Cairo by 2025.
Zawya
07-05-2025
- Business
- Zawya
A strategic alliance between Dama and Inscription Development companies to launch "Rawasin" designed by architect Walid Arafa
Dama Development and Inscription Development companies announced signing a strategic alliance together to implement Rawasin project in New Sohag City, to launch it officially, setting new standards for elite housing in Sohag, designed by the most famous architect Arafa. The alliance agreement was signed in the presence of Eng. Taher Abu Raqam, Dama Development Chairman, and Eng. Mahmoud Abu Aqeel, Dama Executive Director, besides a group of prominent figures in the fields of real estate development and architecture. Abu Raqam, Dama Chairman, assured that the "Rawasin" project is an integrated residential compound located in a prime location in New Sohag City, and "Dar Arafa Architecture" is responsible for the project's architectural consultant, headed by international consultant Eng. Walid Arafa. He pointed that the company keens to select a strategic location for its project and to collaborate with strong entities to ensure the implementation of a comprehensive and distinctive project. He added that the "Rawasin" compound embodies excellence in modern design, combining luxury, comfort, and architectural innovation, making it a landmark in the real estate market in Sohag Governorate, representing a true beginning for a qualitative shift in the form of residential projects in the region, due to offering international standards in architectural planning and integrated services. Abu Aqeel, Dama Development CEO, pointed that the exceptional architectural vision of Eng. Walid Arafa enhances the project's investment and competitive advantages, as an exceptional architectural design will be developed for "Rawasin" compound, mixing between beauty, authenticity, and modernity, setting new standards for residential communities in Upper Egypt and reshaping the features of modern architecture in Sohag for the first time at this integrated level. He showed that "Rawasin" compound will offer clients an integrated living experience, not limited to sophisticated design, but extends to include a healthy and safe environment that applies the Egyptian families aspirations, besides the project is regarded as a beginning of a new stereotype of residential community with unprecedented standards in the region He assured the company's confidence in the importance of development in Upper Egypt cities and governorates, especially within the availability of distinctive investment opportunities offered by the state among the comprehensive urban renaissance it is implementing especially in Upper Egypt, which reinforces the company's ambitious investment plans for the coming period.
