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© 2026 Biddex. All Rights Reserved.
The Trademark BIDDEX Is Owned by Euro Tech.
In light of the rapid growth in Egypt's real estate sector, strategic partnerships between major companies remain the driving force behind ensuring quality and the expansion of national and residential projects.
The collaboration between Al Ahly Sabbour for Real Estate Development and Al Shams Contracting Company underscores the importance of long-term alliances in executing real estate projects with the highest levels of efficiency and accuracy, thereby enhancing the Egyptian market's position as a competitive investment destination in the region.
Al Ahly Sabbour has announced the signing of new cooperation contracts with Al Shams Contracting Company, one of its long-standing strategic partners with rich experience, totaling investments of up to three billion Egyptian pounds. This move initiates a new phase of achievement and expands the scope of work on major projects in various areas, including Sidi Heneish, Sixth of October, and Ras El Hikma, reflecting both parties' commitment to developing integrated projects that meet market needs and align with customer aspirations.
The agreement between Al Ahly Sabbour and Al Shams Contracting was signed at the main company headquarters in Cairo, covering the implementation of new construction phases in three of the most significant real estate projects overseen by Al Ahly Sabbour. The investment value of the signed contracts is approximately 3 billion Egyptian pounds, reflecting the mutual trust between the two companies and their desire to achieve quality advancements that elevate construction standards and finishing quality in the Egyptian market.
The scope of cooperation includes the implementation of integrated construction works in the first phase of the «SUMMER» project in Sidi Heneish on the Alexandria-Matrouh road, the second phase of the «KEEVA» project in Sixth of October, and the third phase of the «GAIA» project in Ras El Hikma on the North Coast.
These projects are among the highlights in Al Ahly Sabbour’s portfolio, combining strategic location, modern planning, and advanced infrastructure.
The SUMMER project in Sidi Heneish is one of the latest projects launched by Al Ahly Sabbour in 2024, located at kilometer 246 on the Alexandria-Matrouh road.
The first phase of the project spans 27 acres and is set to include 90 buildings with a total of 130 residential units designed to meet the highest standards of luxury and comfort.
Current execution works focus on excavation, leveling, and preparation for the implementation of the core construction tasks. The project aims to create a comprehensive residential community that provides residents with all factors of comfort and luxury while achieving the highest completion rates within the approved timeline.
The KEEVA project holds a prominent position among Al Ahly Sabbour's developments in Sixth of October, reflecting the concept of integrated modern living that combines comfort and practicality.
The second phase of the project, included in the new contract, will involve complete construction work for 68 buildings of various models, totaling 213 residential units.
The construction work includes excavation, foundations, concrete, semi-finishing, and external facade finishing, with ongoing work in the first phase to enhance execution speed and ensure timely delivery of the units. The project aims to offer a modern residential community that meets the aspirations of those seeking an advanced living environment, combining modern design, green spaces, and integrated services.
The GAIA project in Ras El Hikma has achieved notable success in its previous phases, having completed the delivery and operation of the first phase in its entirety, totaling 922 residential units, along with the delivery and operation of part of the second phase with a total of 107 units.
The new contract targets the full implementation of the third phase over an area of approximately 53 acres, which will include 101 buildings and 750 residential units, thereby enhancing the project timeline and catering to the growing demand for Ras El Hikma as one of the prime tourist destinations on the North Coast.
Progress in the second part of the second phase is on schedule, with a focus on delivering the units by summer 2026, instilling confidence in clients regarding the credibility and execution timelines from Al Ahly Sabbour and its partners.
The relationship between Al Ahly Sabbour and Al Shams Contracting Company is characterized by a strategic depth extending over 13 years, beginning with the implementation of the "AMWAJ" project on the North Coast in 2012, and continuing through notable projects such as "GAIA" on the North Coast, Platinum Club in New Cairo, and Topaz Village in Ain Sokhna.
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This ongoing partnership has led to the execution of high-quality real estate projects associated with the name Al Ahly Sabbour as a leading developer that prioritizes quality and commitment, while establishing Al Shams Contracting Company as a reliable partner with extensive experience in precise execution and adherence to timelines.
The collaboration between Al Ahly Sabbour and Al Shams Contracting is distinguished by several essential advantages that enhance their ability to lead in the Egyptian real estate market:
- Long-term alliance: A partnership lasting over 13 years establishes mutual trust and accumulated experience in executing major projects.
- Diverse projects: Execution of various projects, including residential, tourism, and sports complexes, enriching both parties' experiences.
- Commitment to quality: Adopting the highest standards in all phases of implementation, from excavation to final finishing.
- Reliable timelines: Adhering to precise timelines to ensure swift completion and delivery of units to clients on schedule.
- Integrated vision: Alignment of both parties' visions in achieving sustainability and delivering projects that meet market aspirations and adapt to its changes.
- Professional management: Leading administrative and engineering expertise ensures efficient handling of technical and logistical challenges.
- Enhancing trust in the market: Providing a successful model for real estate partnerships reinforces investor and client confidence in the Egyptian real estate sector.
This strategic step represents an extension of Al Ahly Sabbour's vision of building strong partnerships with national entities with high efficiency, aiming to continue delivering integrated projects based on quality and precision, contributing to the urban renaissance in Egypt.
Engineer Ahmed Sabbour, Chairman of Al Ahly Sabbour, emphasized that renewing the partnership with Al Shams Contracting represents a model for alliances based on trust and excellence, supporting the achievement of the highest levels of success in major projects. For his part, Engineer Abdel Samia Youssef, Chairman of Al Shams Contracting, expressed pride in the ongoing collaboration, stressing that the fruitful partnership between the two sides will remain a fundamental pillar for achieving further successes in the real estate market.
The collaboration between Al Ahly Sabbour and Al Shams Contracting Company serves as a model for forming strategic alliances based on clear vision, mutual trust, and accumulated execution experience. With the signing of new contracts, both parties reinforce their position as key drivers of urban development in Egypt, affirming that success in the real estate sector can only be achieved through genuine partnerships that place quality and commitment at the heart of their work.
Through this model, Al Ahly Sabbour and its partners continue to shape a bright future for the Egyptian real estate market, where global standards meet national ambition to achieve sustainable development and serve the community.