New Event Developments enhances its achievements track record and is about to start delivering its 1st project in the New Capital

Completetion of concrete structure and starting the installation of the exterior facades of “H Mall.. and the concrete structure of “Trave Business Complex” was completed 6 months ahead of schedule

Dr. Hamid Al-Rgwy, New Event Developments Chairman said that a real estate developer’s true strength is reflected in the scale of his achievements and his ability to transform investment plans into tangible projects, noting that adhering to execution rates and set timelines is a milestone of the company’s strategy to enhance client trust and fulfill its commitments.

He emphasized that New Event Developments continues to achieve significant progress in its projects in the New Capital, as it has completed the concrete structure of “H Mall” project in the Downtown and has begun installing the exterior facades, marking a new step towards project completion and nearing its delivery date.

He added that the company also successfully completed the concrete structure of “Trave Business Complex” project in the Downtown, approximately six months ahead of schedule, which reflects the efficiency of the planning and execution, as well as the company’s ability to achieve advanced completion rates.

He pointed that both projects boast a strategic location in the heart of the Downtown area of ​​the New Administrative Capital, as each project consists of a ground floor and 13 upper floors, enhancing their standing and investment value.

Dr. Hamid Al-Rgwy clarified that the real estate market is witnessing an evolution in the standards for evaluating real estate developers, thus actual execution rates and adherence to delivery dates have become among the most influential factors in clients decisions, alongside prime location, product quality, and expected investment returns.

He added that New Event’s strategy focuses on directing its investments and resources toward accelerating construction while adhering to the highest quality standards, noting that the company’s expansion is proceeding in parallel with the execution of its existing projects, ensuring sustainable growth and strengthening client confidence.

In further confirmation of the company’s strong executive performance and its ability to translate development plans into tangible achievements, Dr. Hamid Al-Rgwy explained that New Event Developments continues to meet its construction targets for Qamari Residence project in R8 district of the New Administrative Capital, as the company has successfully completed the first phase and started the second phase, according to the established timeline, which reflects the efficiency of the execution system and the company’s commitment to advancing its projects according to well-defined plans that ensure continuity and fulfillment of its commitments to clients.

Dr. Hamid Al-Rgwy assured that New Event Developments prioritizes tangible achievements on the ground, considering them the true measure of a real estate developer’s strength and credibility, and the basics upon which the company builds its position in the Egyptian real estate market and achieves its future growth and expansion plans.