Sherif Moustafa، visionary managing director of IGI Developments، guides key discussion at SEREC conference in Riyadh

-IGI Developments، a beacon of opulence in the real estate sector، has once again demonstrated its leadership under the guidance of Engineer Sherif Moustafa، the esteemed Managing Director. Moustafa recently took centre stage as a distinguished moderator during a thought-provoking discussion session at the Saudi-Egyptian Real Estate Development Conference (SEREC) in Riyadh.

-Noteworthy recommendations emerged from the Saudi-Egyptian Real Estate Development Conference (SEREC)، advocating the establishment of a collaborative joint committee between real estate developers in Egypt and the Kingdom of Saudi Arabia. Additionally، the conference addressed the imperative need to eliminate obstacles obstructing the progress of real estate funds.

-IGI Developments has achieved an unparalleled milestone by securing the highest sales at the prestigious Nile Property Expo in both Jeddah and Riyadh. This triumph marks the resurgence of West Cairo، reclaiming its position within the sphere of interest for discerning Arab customers.

-Sherif Moustafa، the visionary leader، expressed optimism regarding the West Cairo region، citing its abundance of promising opportunities and attractive elements for investment. The company is strategically targeting further expansions in this dynamic region.

-During the Nile Exhibition، IGI Developments unveiled its latest masterpieces، luxury units within the Ashgar City and Ashgar Heights projects. Noteworthy is the company's commitment to accessibility، as these opulent units were presented at competitive prices and with flexible instalment plans extending up to 8 years.

IGI Developments shines at SEREC conference following resounding success at Nile Property Expo

In the wake of a triumphant showcase at the Nile Property Expo in Jeddah and Riyadh last November، IGI Developments، a beacon of luxury in the real estate realm، solidified its presence at the forefront of industry discourse. Engineer Sherif Moustafa، the esteemed Managing Director of IGI Developments، lent his expertise to moderate a pivotal discussion session at the Saudi-Egyptian Real Estate Development Conference (SEREC) held in Riyadh، concurrently with the Nile Property Expo and under the distinguished patronage of Egypt's Prime Minister، Dr. Mostafa Madbouly.

The inauguration of the conference was graced by Ambassador Ahmed Farouk، Ambassador of the Arab Republic of Egypt to the Kingdom of Saudi Arabia، Mr Abdul Rahman Al-Tawil، Undersecretary of the Ministry of Municipal and Rural Affairs and Housing & Real Estate Development، Mr Naif A. Alrajhi، Deputy President of Riyadh Chamber، and Mr Mohammed Bin Saleh Albuty، the Chief Executive Officer at the National Housing Company.

Engineer Sherif Moustafa took the reins in moderating a pivotal discussion session titled "Real Estate in Development Plans...2030، a Common Link." This session delved into crucial topics such as real estate export opportunities and the concerted efforts and incentives initiated by the governments of Egypt and the Kingdom of Saudi Arabia to propel real estate investment and attract local and foreign capital.

Distinguished attendees included prominent developers from Egypt and the Kingdom of Saudi Arabia، featuring Eng. Abdel Nasser Taha، Head of the Egypt Office at the International Real Estate Federation; Dr. Mohammad Almujaidel، CEO of OSUS Company; Eng. Bassel El Serafy، CEO of Adeer International Company; Eng. Ahmed Elattal، CEO of El Attal Holding Company; Eng. Mohamed Khaled El-Assal، CEO of Misr Italia Properties، and Engineer Bedeir Rizk، CEO of Paragon Developments Company. The session provided a unique platform for industry leaders to exchange insights and explore collaborative opportunities shaping the region's future of real estate development.

Engineer Sherif Moustafa champions collaboration and vision at SEREC CONFERENCE

In a momentous expression of enthusiasm، Engineer Sherif Moustafa، the visionary Managing Director of IGI Developments، conveyed his delight at participating in the inaugural edition of the Saudi-Egyptian Real Estate Development Conference (SEREC). This pioneering conference، dedicated to fostering collaboration among fraternal developers in Egypt and the Kingdom of Saudi Arabia، stands as a testament to the shared vision of both nations for 2030 and the diverse investment opportunities that lay before them.

During the session، Engineer Sherif Moustafa illuminated the audience with insights into significant development projects undertaken in both countries. The discourse encompassed infrastructure projects، road networks، and housing initiatives tailored for the benefit of low- and middle-income demographics.

Delegates engaged in discussions highlighting the parallels between the Egyptian and Saudi markets، noting the prevalence of youthful demographics in both nations. The discourse extended to the pivotal role of advancing technology، digital transformation، and sustainability in shaping the trajectory of real estate markets. Emphasis was placed on building upon the positive strides already taken to fortify these aspects within the industry.

The conference culminated in a series of pivotal recommendations، chief among them being the establishment of a collaborative joint committee between real estate developers in Egypt and the Kingdom. This committee is envisioned as a facilitator for enhanced cooperation and participation between the two nations. Furthermore، the conference underscored the imperative need to remove obstacles obstructing the establishment of real estate funds in Egypt، emphasising the shared commitment to advancing technology and sustainability within the industry.

IGI Developments triumphs with distinctive offerings at Nile Property Expo

In a resounding success، IGI Developments captivated the discerning attention of Arab clients through its diverse and distinguished projects showcased at the Nile Property Expo in Jeddah and Riyadh، Kingdom of Saudi Arabia.

The company's prowess was underscored by its achievement of the highest sales، earning accolades from Kingdom customers who lauded the excellence embedded in the projects and offers presented by IGI Developments.

At the Nile Property Expo، IGI Developments unveiled a portfolio of projects featuring the Skyla phase of the Ashgar Heights project، a residential gem nestled in the heart of Ashgar City known as the Garden Gate، on the 6th of October. The latter offers a tantalising prospect with a down payment starting from 10% and flexible instalments over 7 and 8 years.

Skyla units، renowned for their diversity، encompass one to three bedrooms، spanning areas from 65 to 205 square meters، providing a tailored living experience for varied preferences.

Garden Gate، a phase boasting 800 units، showcases residences with areas ranging from 95 to 195 square meters. Units in other project phases are ready for receipt within 3 and 6 months، offering a seamless transition into luxury living.

Addressing the commercial and service sector، IGI Developments introduced the City Central phase within the "Ashgar City" project، featuring offices and clinics. The clinics have witnessed remarkable demand from medical professionals and investors، with areas starting at 35 square meters and prices commencing at 2 million Egyptian pounds. This project is poised to have a substantial impact، providing medical services to over 4،000 families upon project completion.

Sherif Moustafa unveils IGI Developments' vision for West Cairo's prosperous future

In a momentous interaction with the audience، Sherif Moustafa، the insightful leader at the helm of IGI Developments، responded to queries about future investments in West Cairo. Moustafa illuminated the audience with a compelling vision، emphasising the myriad components and advantages that position West Cairo as an optimal choice for developers in the forthcoming stages.

"West Cairo encompasses several thriving cities and expansions، including 6th of October، October Gardens، New October، Sheikh Zayed، and its expansions، not to mention the promising new Sphinx،" he expounded.

Highlighting IGI Developments' strategic aspirations، Moustafa revealed plans for a substantial urban project sprawling across 540 acres in the new Sphinx City. This ambitious undertaking reflects the company's commitment to pioneering urban development، exploring numerous investment opportunities as part of its unwavering dedication to expanding within the Egyptian market.

Drawing from a rich history rooted in the expertise of the International Holding Company for Financial Investments (IGI) and the esteemed Sheta Family، whose legacy dates back to 1942، IGI Developments has left an indelible mark across various sectors including textiles، food، industry، housing، petroleum، and construction.

As the real estate division under the International Group for Investments (IGI) holding، IGI Developments stands as a trailblazer، introducing the concept of integrated urban communities to Egypt in the mid-nineties. The company has consistently delivered distinguished real estate projects، including premium upscale residential compounds such as Gardenia Park I & II، Gardenia Springs، and mixed-use compounds like Al Ashgar، Ashgar Heights، and Ashgar City.

Embodying a versatile portfolio، IGI Developments spans the West and East sides of Cairo، offering a diverse range of primary home developments. With a bold vision، the company is poised for nationwide expansion، continuing to shape the landscape of Egyptian real estate.