NAIA Developments has announced that 90% of construction works have been completed on the first phase of its NAIA West project in New Sheikh Zayed City, with 100 residential units finalised to date. Mohamed Farag, Vice Chairperson for the Commercial Sector, noted that construction at NAIA West has accelerated this year, underscoring the company’s commitment to meeting delivery schedules and efficiently managing large-scale developments. Spanning 140 feddans, NAIA West comprises a mix of standalone villas, townhouses and apartments. NAIA Developments’ land portfolio currently stands at around 252 acres, with total investments estimated at EGP 46bn. In addition to NAIA West, the company is behind the NAIA Bay project in Ras El Hekma on Egypt’s North Coast.

Source: Daily News Egypt March 01, 2026 15:30 UTC