Auctions
© 2026 Biddex. All Rights Reserved.
The Trademark BIDDEX Is Owned by Euro Tech.
© 2026 Biddex. All Rights Reserved.
The Trademark BIDDEX Is Owned by Euro Tech.
In light of the rapid changes in lifestyle, work, and shopping in Egypt, there is an urgent need for new projects capable of meeting the requirements of individuals and companies in one place that balances productivity, comfort, and entertainment.
Amid this transformation, Aknaan and Adric Real Estate Development Companies have announced the launch of the "Multaqa" project in the heart of New Cairo, aiming to be one of the most powerful and modern commercial, administrative, and entertainment destinations that reshapes the investment landscape and meets the needs of a diverse modern community.
This project is the result of a partnership between two of the leading companies with extensive experience in construction and real estate development, offering an innovative concept for business, commercial, and entertainment complexes, leveraging the best architectural and technical standards, along with a network of local and international partners. "Multaqa" is not just a mall or an administrative complex, but a vibrant community that combines work, shopping, and entertainment in an integrated, service-oriented smart planning environment.
The "Multaqa" project represents a convergence of two complementary visions and extended expertise of over twenty years in construction and project management. Aknaan boasts a substantial portfolio of residential, commercial, and administrative projects in New Cairo and the Capital Administrative City, known for precise execution and sophisticated architectural facades. Meanwhile, Adric has a proven track record in developing innovative projects such as The Market, The Health Hub, and The Merge, noted for creating integrated communities that place the client at the center of the experience.
This partnership is built on shared values of quality, innovation, and transparency, with a complete commitment to delivering sustainable added value for both investors and users.
This is reflected in every detail of the project, from site selection to the most minute elements of design and operation, aiming to create an integrated destination that enhances modern lifestyles and supports economic and social growth in East Cairo.
The "Multaqa" project benefits from an exceptional location in the heart of New Cairo, specifically in the South Academy area, on the vital Khaled Ibn Al-Waleed axis, next to the Hassan Al-Sharbatly Mosque. This positioning situates the project amidst high population densities and grants it an advantageous proximity to upscale neighborhoods and new residential communities, in addition to ease of access from various areas of Greater Cairo.
The project is the first of its kind in this region in terms of operations and diversity, providing it with the opportunity to become a distinctive destination for local residents and visitors, enhancing both commercial, administrative, and entertainment success.
Designed by Engineer Wael Al-Samman and Smark Engineering Consultants, "Multaqa" showcases a modern architectural design that aligns with global standards, skillfully blending staggered architectural blocks with glass facades harmonizing with the urban surroundings.
Spaces have been meticulously distributed among various activities, with separate entrances for each area ensuring privacy and ease of movement. Additionally, two service entrances have been provided to support the daily operations of stores, along with four independent administrative entrances.
The design places a significant focus on user experience, with clear pathways and intelligently distributed resting areas that ensure security and comfort for visitors, alongside green spaces and open areas that enhance the vibrancy of the place and provide it with a contemporary visual identity.
The "Multaqa" project establishes a comprehensive concept for mixed-use complexes, including:
- Commercial Spaces: Designed to host the most renowned local and international brands, with diverse units suitable for all types of activities, including exhibitions, restaurants, cafes, and specialty shops.
- Administrative Units: Meeting the requirements of companies and entrepreneurs across various sectors, featuring flexible spaces and modern facilities that support an innovative work environment.
- Open Recreational Areas: Providing diverse entertainment experiences catering to all age groups, with varied events and activities, children's play areas, and spaces for social gatherings and events.
Care has been taken to ensure that the project is a vibrant environment that combines work, relaxation, and shopping in one location, supporting the concept of balance between professional life demands and the daily needs of families and individuals.
Aknan and Adric are keen to select the best partners for executing, managing, and operating the project according to the highest standards. This includes collaboration with the Arab Entertainment Company "Rico" to provide a fresh array of entertainment services and events, and "EgyMap" for managing and operating the commercial and administrative centers, ensuring quality operations and efficient management.
Moreover, a contract has been established with "ReeKab" for marketing consultancy to organize the first conference for real estate professionals, which adds significant value to the project and the business community in New Cairo, enhancing the market value of the project as a preferred destination for those working in real estate development.
The developing alliance has placed great emphasis on quality execution, applying precise standards in material selection and construction methods to ensure a secure investment and long-term added value for both investors and end users.
Smart planning encompasses all operational details such as traffic management, service distribution, availability of parking spaces, and regulating the entry and exit of visitors, facilitating access to all project facilities without hassle.
"Multaqa" features substantial flexibility in providing a renewed entertainment experience that keeps pace with the latest trends in entertainment and technology, catering to all age categories from families, children to youth.
Entertainment events and activities will continuously refresh to reflect the spirit of the place and meet the needs of residents in South Academy and neighboring areas while maintaining service diversity and integration, including restaurants, cafes, play areas, and seasonal events.
The project is based on a strong legacy of achievements for both Aknaan and Adric; since 2002, Aknaan has executed some of the most prominent projects in New Cairo and the Capital Administrative City, such as Zoan Plaza, Aknan Building, and international schools, gaining a reputation for commitment to quality and timely delivery, making it the first choice for those wishing to invest in upscale real estate.
Adric, on the other hand, has a successful portfolio of commercial, administrative, and healthcare projects in East Cairo and enjoys a robust reputation for innovative planning and execution, making the current partnership a launchpad for a new phase of developing integrated complexes at the highest level.
The "Multaqa" project offers an integrated bouquet of advantages that make it the ideal choice for investors, entrepreneurs, and families seeking a comprehensive modern destination:
- Rare Strategic Location in the heart of an upscale residential area on a major axis, ensuring easy access and high visitor density.-
- Flexible and Modern Architectural Planning that provides an exceptional user experience and ensures ease of movement, comfort, and safety.
- Diverse Uses between commercial, administrative, and entertainment spaces within an integrated environment.
- Distinctive Partnerships with expertise in management, operation, entertainment, and real estate marketing.
- High Execution Quality with adherence to the highest construction and finishing standards.
- Green Spaces and Open Areas that enhance the vibrancy of the place and make it a constant attraction.
- Flexibility in Expansion and Development to accommodate market changes and diverse needs of investors and users.
- Attention to Detail from entrances to services, facilities, and safety and security systems.
- Renewed Entertainment Experience that meets all ages and aligns with the latest technological and social trends.
- Professional Management that ensures sustained success and maximizes return on investment.
The "Multaqa" project sets new standards for commercial, administrative, and entertainment complexes in Egypt and contributes to transforming New Cairo into a comprehensive urban center that meets the expectations of a community seeking an environment that combines work, shopping, and relaxation in a safe and upscale atmosphere.
The project reflects the philosophy of true real estate development that adds sustainable value, enhances economic growth opportunities, and creates a vibrant business environment and community.
The "Multaqa" project is not just a new title on the map of New Cairo but the beginning of a new era in architectural, commercial, administrative, and entertainment concepts in Egypt.
Thanks to the partnership between Aknaan and Adric, smart planning, quality execution, and diverse services, Multaqa has become an indispensable destination for anyone seeking excellence, comfort, secure investment, and a comprehensive experience in the heart of a modern city pulsating with life and ambition.