Residential Press Tour

May 9, 2016

Al-Futtaim Group Real Estate recently showcased its efforts to accelerate the construction of Cairo Festival City's residential complexes, in a press tour organised for Egypt's top list of most influential media establishments.

Oriana Picnic in the Park

May 20, 2016

Cairo Festival City hosted its first event in the parks of Oriana Villas, on 20th May 2016. Themed as a 'Picnic in the Park', the event brought together homeowners, influencers and guests for a day of fun in the sun, packed with activities.

Press Releases

CFCM Reaps the “Best Built and Future Retail Project” award

April 03, 2013

Al-Futtaim Group Real Estate reaped the “Best Built and Future Retail Project” award at Cityscape Next Move 2013 for its project “Cairo Festival City
Mall” located at its new and exclusive development, “Cairo Festival City”. During the exhibition, the group allocated a distinctive mock-up for its project among numerous property development and investment companies in Egypt and the Middle East.

Dr. Mohamed ElMikawi, Managing Director of Al-Futtaim Group Real Estate stated that the award came as a reflection of the group’s leadership in the Egyptian property development market, as it’s on the right track to providing unsurpassed real estate project which enjoys exclusivity, luxury and meets market demands. Furthermore, he highlighted that the “Cairo Festival City” project caught the attention of Dr. Tarek Wafik, Minister of Housing & Utilities, during his visit to the group’s mock-up at the exhibition. 

Dr. ElMikawi added that the international judgment panel was responsible for evaluating projects competing for the award, and the consensus was to grant Al-Futtaim Group Real Estate the “Best Built and Future Retail Project” award after having applied internationally recognized standards to its shopping mall project, which include combining shopping and entertainment under one roof. In addition, the unique design offers a myriad of options such as wide passages to facilitate traffic and high ceilings to provide natural lighting to the mall. Moreover, Dr. ElMikawi affirmed that the award winning Cairo Festival City project is a vital turning point in property development considering what it offers as new standards for modern life.

The integrated project is ideally located on the ring road at the entrance of New Cairo, covering three million square meters offering exclusivity, privacy and luxury, as well as a myriad of entertainment facilities for the discerning clients. He added that “despite the current circumstances, implementation phases are going as planned, and the group just celebrated the completion of its first phase of administrative buildings in Southern Business Ville which has already been delivered to the contracting companies namely P&G, Allianz and ADI for Real Estate Investments. For these multinational companies to have chosen our administrative developments confirms our excellence and the confidence in “Cairo Festival City”.

Furthermore, he stated that the group is scheduled to begin construction of the second phase soon, which will cover 50,000 m² of additional administrative space to meet the increasing demand for Cairo Festival City. Moreover, Cairo Festival City Mall is anticipated to commence operations during the second half of 2013 and is expected to be the biggest shopping mall in Egypt.
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