Ghoneim Developments Group (GDG) is an Egyptian group that began with infrastructure and road works before moving into real estate development. Its roots date back to 1968, when IFCO for Electromechanical Engineering was established, giving it more than 5 decades of experience in the Egyptian market.
The group’s activities span real estate development and investment in Mokattam and Ain Shams, a coastal tourism project in Ras Sudr, as well as land reclamation, agricultural investment, road works, and infrastructure.
About Ghoneim Developments Group
Ghoneim Developments Group (GDG) describes itself as a growing real estate company focused on creating distinctive urban landmarks that reshape the real estate market, with an emphasis on quality, innovation, sustainability, and the use of the latest technologies, guided by core values of integrity and reliability.
The story began in 1968, when engineer Mohamed Kamal Ghoneim founded IFCO for Electromechanical Engineering, specializing in mechanical infrastructure projects involving water, sewage, and electricity for new urban communities. According to the company’s profile, it played a role in establishing Mokattam City.
In 1978, the group began operating in real estate and agricultural investment, followed by the establishment of Ghoneim Real Estate Investment in 2007, and then Cairo Green in 2016, specializing in land reclamation and agricultural exports. This gave the group diversified revenue streams rather than relying on a single sector.
The business record published in the company profile includes road and construction projects carried out for government entities in several governorates, including Mokattam City, Sadat City, Badr City, the Ring Road, Borg El Arab, and roads around Lake Qarun in Fayoum, in addition to paving works in governorates such as Alexandria, Giza, Beni Suef, Assiut, Sohag, Port Said, Suez, and North and South Sinai.
In real estate development, the group’s completed projects have been concentrated in Mokattam and Ain Shams since approximately 2006, before recently expanding into coastal tourism projects in Ras Sudr through the San Beach project.
Board of Directors of Ghoneim Developments Group
The group’s official profile presents its founder as the Founder and Chairman of GDG without explicitly stating his name, and quotes his statement reflecting the group’s direction: No one will build Egypt except Egyptians, reflecting the strong national dimension present in the company’s identity.
The profile also mentions names associated with the establishment of the group’s subsidiaries. The establishment of IFCO is attributed to engineer Mohamed Kamal Ghoneim, while engineer Kamal Ghoneim is identified as the owner of the GGD Farms project affiliated with Cairo Green. However, the company has not published a detailed list of its board members or CEO through its official channels.
Ghoneim Developments Group’s Philosophy
The group’s philosophy is based on delivering projects that combine innovation, sustainability, and lasting quality, driven by national pride and a commitment to excellence, with a stated goal of leaving an urban impact that contributes to Egypt’s urban transformation.
The group identifies 5 core values that govern its work: creativity, integrity, excellence, innovation, and legacy. It also adopts what it calls the GDG Code, a framework of 9 principles beginning with the letter G and encompassing growth, generosity, guidance, grit, discipline, dependability, honesty, goal orientation, and goodwill.
The group emphasizes pricing transparency and on-time delivery in its principles, linking discipline and accountability to measurable results. This is an approach that matters to buyers seeking a developer that delivers on its promises.
Vision of Ghoneim Developments Group
The group seeks to redefine Egypt’s real estate landscape through projects that combine innovation, sustainability, and timeless quality, with a commitment to excellence aimed at leaving a legacy of distinction and a story that contributes to the country’s urban transformation.
Objectives of Ghoneim Developments Group
- Creating distinctive urban landmarks: Developing iconic projects that set new standards in the real estate industry and exceed customer expectations.
- Commitment to on-time delivery: Relying on advanced technologies and the discipline gained through decades of work to deliver projects on schedule.
- Expanding into coastal tourism: Building on the San Beach project in Ras Sudr as a first step toward a broader presence in holiday destinations and resorts.
- Diversifying business activities: Combining real estate development with agricultural investment and exports through Cairo Green, alongside extensive experience in infrastructure.
- Social responsibility: Participating in community initiatives, cooperating with charitable organizations, and organizing volunteer days for employees.
Strategic Partnerships of Ghoneim Developments Group
- Egyptian Company for Real Estate Investment and Development: The executing entity mentioned in the company profile for Ghoneim’s real estate projects in Mokattam, Ain Shams, and Abbassia, starting from the administrative building in the 1980s through the group’s modern GDG projects.
- Government entities and engineering authorities: The documented business portfolio includes entities such as the General Authority for Roads and Bridges, the Ministry of Housing and Utilities, the Ministry of Irrigation, the Military Engineers Administration, and the Engineering Authority of the Armed Forces, representing the group’s most prominent documented cooperation record in road and infrastructure projects.
For inquiries about new investment partnerships with Ghoneim Developments Group, you can contact the Ghoneim Developments Group hotline +201118183030 to obtain all details from the sales team.
Ghoneim Developments Group’s Portfolio
| Project |
Location |
Type |
Area |
Status |
| San Beach |
Ras Sudr |
Coastal Tourism |
160 acres |
Not Announced |
| The Novelist |
Not Announced (Overlooking Cairo) |
Residential and Investment |
Not Announced |
Not Announced |
| GDG 6 (4 Buildings) |
Ain Shams — Cairo |
Real Estate |
Not Announced |
Under Construction (2019) |
| SEI Mini Complex (6 Buildings) |
Mokattam — Cairo |
Real Estate |
Not Announced |
2019 |
| GDG 3 |
Mokattam — Cairo |
Real Estate |
Not Announced |
Completed (2015 – 2016) |
| T1 Twenty |
Mokattam — Cairo |
Real Estate |
Not Announced |
Completed (2015 – 2016) |
| GDG 2 |
Mokattam — Cairo |
Real Estate |
Not Announced |
Completed (2007 – 2008) |
| GDG 1 |
Mokattam — Cairo |
Real Estate |
Not Announced |
Completed (2006 – 2008) |
| Ghoneim Mall and Residential Towers |
Ain Shams — Cairo |
Commercial and Residential |
Not Announced |
Completed (2000) |
| 500-Acre Land Reclamation Project (Cairo Green) |
Cairo–Alexandria Desert Road — KM 96 |
Agricultural |
500 acres |
Not Announced |
The table shows that the group’s historical real estate presence is concentrated in Mokattam and Ain Shams, while the San Beach project in Ras Sudr represents its first announced coastal expansion, alongside older projects such as Maadi Tower on the Nile Corniche, the administrative building, and industrial areas developed in the 1980s.
The One Mall Mokattam The One Mall
The One Mall in Mokattam is the latest launch by Ghoneim Developments Group. It is located directly on the New Mokattam Corniche, opposite Uptown Cairo, on an area of 19,850 m², and offers commercial, administrative, medical, and entertainment activities.
Prices start from 85,000 EGP per sqm, with a 5% down payment and installments of up to 8 years.
Investment Alternatives on Our Website
In addition to Ghoneim Developments Group’s projects, you should take a look at the following companies and projects:
Zayed Yard Mall by Madinet Masr for Housing and Development is located directly on the 26th of July Axis next to Royal City and opposite New Giza and El Khamayel. It offers commercial, administrative, and medical units, along with restaurants, cafes, clinics, offices, and car showrooms.
The project offers flexible payment plans starting with a 10% down payment and installments of up to 10 years.
Vinci Street Mall by Misr Italia Properties is located within Vinci Compound in R7 District of the New Administrative Capital. It offers commercial units, restaurants, cafes, offices, and clinics ranging from 30 to 198 m², with outdoor terraces.
Payment starts with a 0% down payment and installments of up to 8 years, with discounts of up to 35% for cash payments.
Maydan Project by QORE is the first project by QORE Developments, located in the heart of 6th of October City on an area of 10,000 m². It offers commercial and administrative units and medical clinics with integrated business services.
Prices start from 3.6 million EGP for offices, with a 10% down payment and installments of up to 7 years.
For inquiries about the latest prices and to book a viewing for any of Ghoneim Developments Group’s projects, you can contact the Ghoneim Developments Group sales number +201118183030 to receive price offers and installment schedules.
Advantages of Investing in Ghoneim Developments Group’s Projects
- A legacy spanning more than 5 decades: The group’s roots date back to 1968, giving buyers a long track record against which to assess the entity’s stability and continuity in the Egyptian market.
- Proven real estate execution track record: The group’s portfolio includes at least 7 real estate projects in Mokattam and Ain Shams between 2000 and 2019, including completed projects and others under construction.
- Diverse business activities: The group’s operations combine real estate, agricultural investment, road works, and infrastructure, reducing reliance on a single sector and strengthening the entity’s execution capabilities.
- A coastal tourism opportunity in Ras Sudr: The San Beach project extends over 160 acres with a 1,600-meter beachfront, featuring 2,300 tourism units and a hotel with a capacity of 200 rooms, with a focus on entertainment and water sports.
- Stated commitment to transparency and on-time delivery: The group places pricing transparency and on-time delivery among its core principles, an important consideration when comparing developers.
For the latest information about Ghoneim Developments Group’s projects, you can contact the specialized sales team to inquire about prices, book viewings, and learn more about payment plans.
- Ghoneim Developments Group Sales Number: +201118183030 (Available daily from 10 AM to 10 PM)
- Ghoneim Developments Group Hotline: +201118183030 (Available daily from 10 AM to 10 PM)
Ghoneim Development’s sales team provides a free real estate consultation that includes a quick analysis of the client’s needs and budget, recommendations for the most suitable project from the group’s portfolio, on-site viewings of available units, and a presentation of all financing and payment alternatives.
Why Choose Ghoneim Developments Group’s Projects ?
Ghoneim Developments Group combines a legacy spanning more than 5 decades in infrastructure, real estate, and agricultural investment, a real estate execution track record in Mokattam and Ain Shams, and a coastal tourism project spanning 160 acres in Ras Sudr.
For inquiries about the latest prices, available areas, and installment schedules, you can contact the Ghoneim Developments Group Sales Number: +201118183030 to receive a comprehensive real estate consultation and arrange on-site unit viewings.
