LMD Welcomes Philip Morris Misr to One Ninety, Strengthening Its Position as a Business Destination in New Cairo

LMD Welcomes Philip Morris Misr to One Ninety, Strengthening Its Position as a Business Destination in New Cairo

Cairo, Egypt – April 29, 2026 – LMD, one of Egypt’s leading real estate developers specializing in integrated residential and commercial projects, has signed a new agreement with Philip Morris Misr (PMM) to relocate its Egypt headquarters to One Ninety in New Cairo.
This agreement reflects growing interest from global companies in LMD’s developments and supports the company’s broader vision of building connected, future-ready business environments. The signing ceremony took place on Monday, April 27, at LMD’s headquarters in New Cairo, in the presence of Eng. Amr Sultan, Founder and CEO of Landmark Developments, and Aly Nevzat Karaman, Managing Director of Philip Morris Egypt & Levant.
Philip Morris Misr’s new headquarters will be located within the Business Quarter at One Ninety, a central component of the development designed to host global companies within a fully integrated business environment. The addition of Philip Morris Misr further reinforces One Ninety’s growing reputation as a premier business destination in New Cairo, particularly as demand continues to rise among multinational corporations seeking modern infrastructure, contemporary design, and comprehensive on-site amenities.
Highlighting the significance of the agreement, Eng. Amr Sultan stated: “Welcoming Philip Morris Misr to One Ninety marks an important milestone on our journey to build a fully integrated business community aligned with global standards. At LMD, we focus on creating exceptional work environments that go beyond infrastructure to deliver a holistic experience that enhances innovation and productivity. The continued trust of global companies in our developments confirms that we are on the right track to redefining business communities in Egypt.”
Outlining the vision behind the move, Aly Nevzat Karaman said: “Relocating our headquarters to One Ninety is a deliberate step in support of PMI’s transformation toward a smoke‑free future. The move reflects our ambition to create a modern, sustainable, and agile work environment which enables new ways of working and empowers our people to collaborate, innovate, and deliver impact. With its advanced infrastructure and strong sustainability standards, One Ninety provides the right platform to support our teams in Egypt as we continue to evolve and transform.”
This latest agreement builds on the strong momentum One Ninety has already achieved. The first phase has attracted major international players, including PwC Middle East, which relocated its full operations to the development, along with leading institutions such as Arab African International Bank. This diverse mix of companies reflects the project’s ability to serve different sectors within a single, well-planned environment.
At the heart of this offering is the Business Quarter, which provides a well-rounded work environment that includes green spaces, leisure areas, and a wide range of services. Sustainability is also a key focus, with features designed to improve energy efficiency and indoor air quality in line with international standards.
One Ninety stands among the largest mixed-use developments in New Cairo, with investments exceeding $1 billion. Its location at the intersection of 90 Street and the Ring Road, along with direct access to the One Ninety Monorail Station, connects businesses to the wider city. The development brings together office spaces, retail, serviced residences, creative areas, landscaped parks, and a global hotel brand, creating a complete environment for business and lifestyle.
Through this partnership, LMD continues to attract leading global companies while shaping work environments that respond to changing business needs. The company remains focused on delivering developments that support growth and reinforce Egypt’s position as an attractive destination for investment.
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