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Al Futtaim Real Estate Group, one of the companies of Al Futtaim Group, has signed a sales contract with Arab Construction Company (ACC), one of the leading urban construction companies in the Arab world, for one of the administrative buildings located at the heart of the Cairo Festival City project, and this partnership demonstrates the continued ability of Al Futtaim Real Estate Group to gain the confidence of major customers in the Arab world and attract more investments to Egypt from around the world.
Ashraf Ezzedine, Managing Director of Al Futtaim Real Estate Group, said: “We were honored to have the trust of The Arab Construction Company, which purchased one of the outstanding administrative buildings in the Cairo Festival City project, with a building area of 6,500 square meters on 7,500 square meters of land.
In a statement to al-Futtaim Group, he added, the building is located in a privileged location, overlooking the Ring Road of Cairo al-Capri directly, and in the middle of the administrative area of this exceptional headquarters.
Salah al-Qadi, Director of The Arab Construction Company Egypt, said: “We have chosen the Cairo Festival City project to house one of the buildings belonging to the Arab Construction Company in Egypt and be the starting point for our future business.
“Our deep-seated confidence in Cairo Festival City is the number one destination for major international companies because of its honorable resonance as one of the finest urban communities in Greater Cairo,” he said.
The Cairo Festival City project of Al Futtaim Real Estate Group is a real breakthrough in integrated real estate projects, as it is the first project of its kind in Egypt that combines residential, administrative and recreational units in one integrated place.
Surrounded by residential complexes, administrative offices, a sports complex and an international school, the largest commercial mall, Cairo Festival City Mall, has been considered to be located in the heart of a picturesque natural environment offering a new concept of well-being and high-end life.
Arab Construction company has been one of the largest urban construction companies in the Arab world for more than 50 years.

The company has provided services to many urban projects across the Arab region, North Africa and Asia, using contemporary equipment and modern technology.

It has contributed to the construction of large buildings in various commercial, industrial and other sectors, with a financial value of more than $1 million.