{"id":676249,"date":"2025-11-26T00:00:00","date_gmt":"2025-11-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/26\/arabia-developments-launches-egp-30-bn-tower-complex-in-new-capital-2\/"},"modified":"2025-11-26T00:00:00","modified_gmt":"2025-11-26T00:00:00","slug":"arabia-developments-launches-egp-30-bn-tower-complex-in-new-capital-2","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/26\/arabia-developments-launches-egp-30-bn-tower-complex-in-new-capital-2\/","title":{"rendered":"Arabia Developments launches EGP 30 bn tower complex in new capital"},"content":{"rendered":"

Arabia Developments launched a EGP 30 bn mixed-use tower compound <\/strong>in <\/strong>the new capital called KOR<\/strong>, according to a statement (pdf)<\/a> from the real estate developer. The 110k-sqm development includes seven towers \u2014 two residential towers, four administrative towers, and a hotel. The first phase of the roughly USD 627 mn project \u2014 which will include administrative offices and residential units \u2014 has been under construction already for six months and is scheduled for delivery in 2029.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The details: <\/strong>Each tower is 21 floors high, offering a total of 3.5k units. The project will also feature social clubs, a co-working space, as well as a commercial area with stores and restaurants. It is designed to reduce operating costs by over 40% in comparison to conventional buildings and be carbon neutral, in addition to incorporating smart mobility features such as EV charging and bike-sharing stations.<\/p>\n

What they said: <\/strong>\u201cWe believe that this project is not just a real estate development, it is an integrated platform combining innovation, technology, and sustainability, to present a living model for smart cities that supports urban advancement and enhances the quality of living, work, and entertainment in the new capital,\u201d Arabia Developments founder Tarek Shoukry said. <\/p>\n

ALSO- <\/strong>Imarrae<\/a><\/strong> launched a EGP 16 bn residential development, KIN<\/strong>, marking its first residential real estate project in New Cairo, the developer said in a statement (pdf)<\/a>. The 96.6k-sqm compound will offer luxury housing, alongside commercial and administrative areas.<\/p>\n

\u201cThe KIN project represents a strategic move for Imarrae<\/strong> to transition from its leadership in the commercial and administrative sectors to the residential sector,\u201d according to the statement.<\/p>\n","protected":false},"excerpt":{"rendered":"

The first phase is scheduled for completion in 2029<\/p>\n","protected":false},"author":1,"featured_media":676250,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7371],"tags":[3556,72,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-676249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-arabia-holding","tag-enterpriseam","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"78c84942-2cc4-4671-b9e8-c2dbb9ad94dd","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/1925.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Arabia Developments launches EGP 30 bn tower complex in new capital","related_issue":[676235],"teaser":"The first phase is scheduled for completion in 2029","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.a06f2296-260d-4452-9697-b32a25defd12.mp3"},"yoast_head":"\nArabia Developments launches EGP 30 bn tower complex in new capital - 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We\u2019re getting ready to wind down for the week, but it seems the news cycle isn\u2019t following suit.THE BIG STORY TODAY- ?Arabia Developments has launched a EGP 30 bn mixed-use tower compound in the New Capital, dubbed KOR, according to a statement (pdf)\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/1944.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":670722,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/25\/arabia-developments-to-invest-up-to-egp-30-bn-in-hospitality-sector-2\/","url_meta":{"origin":676249,"position":1},"title":"Arabia Developments to invest up to EGP 30 bn in hospitality sector","author":"enterpriseam admin","date":"25 August 2025","format":false,"excerpt":"The developer wants to set up 2k hotel rooms and serviced apartments by 2029","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1523.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":666061,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/28\/a-capital-holding-to-invest-egp-20-bn-in-its-marriott-residences-heliopolis-project\/","url_meta":{"origin":676249,"position":2},"title":"A Capital Holding to invest EGP 20 bn in its Marriott Residences Heliopolis project","author":"enterpriseam admin","date":"28 May 2025","format":false,"excerpt":"The project comprises six interconnected towers offering one-to three-bedroom apartments","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2303.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":616576,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/07\/nilus-to-to-build-two-commercial-residential-towers-on-former-ndp-hq\/","url_meta":{"origin":676249,"position":3},"title":"Nilus to to build two commercial, residential towers on former NDP HQ","author":"enterpriseam admin","date":"7 March 2024","format":false,"excerpt":"The USD 5 bn projects are slated to wrap up in 2Q 2028","rel":"","context":"In "Privatization"","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/397.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":613427,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/15\/chevron-to-start-nargis-gas-production-in-2025-plus-redcon-compass-paysky-has-big-plans-new-administrative-capital-construction\/","url_meta":{"origin":676249,"position":4},"title":"Chevron to start Nargis gas production in 2025. 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