Sky Abu Dhabi Developments has acquired a 75-feddan plot in the Sixth Settlement area, as part of the company’s expansion strategy in East Cairo. Abdel Rahman Ajami, CEO and Managing Director of Sky Abu Dhabi Developments, said the acquisition reflects the company’s long-term approach to land selection, which is based on market trends and potential investment value. Sky Abu Dhabi Developments has also expanded to the North Coast with the Sky North project, which spans 430 feddans in Ras El Hekma. Sky Abu Dhabi Developments, a subsidiary of Diamond Group, is a UAE-based real estate developer that has delivered more than 17 projects across the UAE. The company entered the Egyptian market in 2021 and has since built a portfolio that includes residential, commercial and mixed-use developments.

Source: Daily News Egypt March 15, 2026 17:51 UTC