MBG brings together ministers, real estate leaders, and stars of art and culture for an exceptional Ramadan evening.
MBG Developments hosted an exceptional and enchanting Ramadan suhoor gathering attended by a select group of business leaders, developers, and public figures, including Gawhar Nabil, Minister of Youth and Sports, along with a host of stars from the arts, culture, and media, and some of Egypt's most prominent digital content creators.
The event featured a performance by the artist Rami Sabry, whose unique artistic ambiance reflected the company's identity and corporate culture. MBG Developments emphasized its commitment to fostering strong human and professional relationships, cultivating team spirit, and strengthening communication among its leadership, employees, and clients. The event also highlighted the company's dedication to fostering a culture of collaboration between economic and community leaders during the holy month of Ramadan.
Dr. Amr El-Adl, Vice Chairman and CEO of MBG Developments, outlined the company's future plans during his address. He explained that 2026 will see the second phase of the "Diplo East" project, featuring new and diverse villa styles and designs to cater to a wide range of customer preferences. He also announced the introduction of innovative payment plans, a first in Egypt, to facilitate homeownership.
Al-Adl added that the company has decided to inject substantial investments, reaching EGP 3.5 billion, this year to accelerate the pace of implementation on its existing projects and strengthen its presence in the Egyptian real estate development market, keeping pace with the growing demand for luxury residential units and integrated urban communities.
Al-Adl emphasized that the coming phase will witness more projects that focus on balancing modern design, luxury, and integrated services. He affirmed that MBG Developments will continue to offer new concepts that meet the aspirations of both clients and investors, thus reinforcing the company's position as one of the most important real estate development companies in Egypt.
The CEO of MBG Developments added that the company focuses on developing integrated residential communities that provide a modern lifestyle with comprehensive services, offering clients the opportunity to benefit from innovative housing solutions and convenient payment plans.
He noted that the company has rapidly grown its real estate portfolio, now comprising six major projects (Pukka, White 14, RiverGreen, Pukka Walk, Doray Bay, and Diplo East). It is proud that four of these projects are located in the New Administrative Capital, as its leadership believes the capital will become the premier real estate development destination in the Egyptian market.
Al-Adl pointed out that the company was a pioneer with the “Ras El Bar Bay” project in Ras El Bar, spanning 42 acres in a city distinguished by its unique location and significant historical value. It was a meeting point for King Farouk and several princes, as well as prominent artistic figures, including the legendary singer Umm Kulthum and other leading artists and composers. This explains the overwhelming response from clients as soon as the first phase of the project was launched.
At the end of the suhoor, Al-Adl greeted all attendees and promised unprecedented surprises for clients. Attendees exchanged greetings and took commemorative photos in a gathering that embodied the spirit of the holy month and reflected the company's position and role in supporting partnerships and communication between different sectors. Attendees also expressed their appreciation for the company's efforts in organizing this distinguished event, stressing that it reflects MBG Developments' commitment to providing luxurious and comprehensive experiences that combine culture, art, and investment, which enhances the confidence of clients and investors in the company and places it in a leading position in the Egyptian real estate development sector.