Golden Land Development has launched its first residential project, the Naseem compound, in the Green Revolution area of Sheikh Zayed City, with total investments estimated at EGP 5bn. The project is chaired by Kotb Mokhtar, with executive management led by Mohamed Hamdy, chief executive officer, and Ahmed Abdel Rahman, chief commercial officer. The development comprises residential units ranging from one to four bedrooms. Project implementation is overseen by CEO Mohamed Hamdy in cooperation with ADC, with Sheikh Abdulaziz bin Nasser Al Thani contributing advisory expertise in luxury residential and commercial developments. Golden Land Development has previously delivered several projects, including Mini Compound Ladress, Stip Mall and developments in Beit Al Watan, forming part of the company’s growing portfolio in Egypt’s real estate market.

Source: Daily News Egypt December 28, 2025 17:02 UTC