Arkania Developments has officially opened a new branch in the Sultanate of Oman, marking a strategic step in the company’s organized regional expansion. The step aligns with Egypt’s national vision to boost real estate exports and open new international markets for Egyptian property.
The expansion reflects the strategic vision of Eng. Ashraf Mostafa, founder and CEO of Arkania Developments, which ties the company’s growth to Egypt’s evolving economic landscape, using regional outreach as a means to support and contribute to the national economy.
*Ambitious Expansion Strategy*
Founder and CEO of Arkania Developments Eng. Ashraf Mostafa stated, “This expansion is part of our company’s long-term institutional strategy, through which we aim to strengthen our regional presence, participate directly in the economic systems of target markets, and enhance investment integration between the Egyptian market and its Gulf counterparts.”
He added that the opening of the new branch in the Sultanate of Oman stems from a strong belief in the importance of an institutional presence for Egyptian real estate companies in regional markets.
Mostafa noted that the Omani market represents a stable and promising investment environment, supporting the company’s plans for a measured expansion beyond the local market.
He explained that Arkania Developments’ vision centers on creating a professional framework for exporting real estate, emphasizing direct engagement with investors and offering strategically designed investment opportunities that showcase the growth of the Egyptian real estate market and its capacity to compete in line with regional and international standards of quality and sustainability.
The company also highlighted its efforts to strengthen its institutional presence in Oman by taking part in the Omani National Day celebrations at the Omani Embassy and attending the “Oman–Egypt: Land of Opportunities” economic conference, underscoring its commitment to fostering active economic and investment dialogue between the two nations.
*Launch of an Investment Arm in Oman*
Mostafa added, “In 2024, we launched East Hills to serve as Arkania Group’s investment arm in Oman and Dubai, enhancing our ability to manage external expansion within a clear institutional framework.”
*Diverse Portfolio of Distinguished Projects*
He further pointed out that the company’s project portfolio includes a wide range of integrated developments that reflect its expertise in creating mixed-use real estate products. Arkania holds a diverse portfolio spanning residential, commercial, administrative, medical, hotel, and tourism projects, with a clear emphasis on smart solutions and sustainability standards.
Additionally, the company has successfully delivered several prominent projects, including Arkania Business Hub – ABH, an administrative and commercial development spanning 1,137.5 sqm, designed to provide an inspiring work environment for individuals and ambitious business owners.
The company also developed Mashaya Tower, a fully integrated mixed-use building encompassing commercial, administrative, and residential spaces across 6,762 sqm. Equipped with a Smart Solution system for intelligent building management, the tower’s prime location overlooking Mansoura University Gardens and near the Ramada Hotel adds significant investment value.
He highlighted that the company is currently developing several major projects, most notably LAVIDA, the first commercial-hotel-administrative mall in New Mansoura, covering an area of 35,000 sqm. The project overlooks New Mansoura University, the city authority, the banking district, and is close to the Coastal International Road.
LAVIDA has been awarded the Silver LEED certification for being designed and executed in accordance with global sustainability standards. The project is managed by a specialized operations company to ensure performance efficiency, long-term investment value, and a comprehensive experience for investors and owners.
The company is also developing New Mansoura Mall, a commercial-administrative-medical mall covering 11,433 sqm in the central area of the first phase, located just 10 minutes from Delta University, 3 minutes from the British School, and 5 minutes from New Mansoura University.
Moreover, the company plans to launch several new projects in the near future, including Arkania Island, Arkania Bay, and a new project in the Golden Square area of New Cairo.
Arkania Developments has also completed and delivered the MedCare project, as well as the Kempinski residential project in New Mansoura, located next to Alsalab University and near the city’s central axis.
*A Rich History of Achievements*
Arkania Developments, established in 2014 under the motto “Infinite Horizons” has spent over a decade building a diverse portfolio of residential, commercial, administrative, medical, hospitality, and tourism projects, with a total development area exceeding 330,000 sqm.
