Muscat: In alignment with Oman Vision 2040, Sultan Haitham City was selected as the ideal location for Al Ahly Sabbour’s first project in Oman, as it represents the country’s first fully integrated smart city.
The project spans over 100 acres and is divided into three neighbourhoods, reflecting the company’s vision for innovation and sustainable development. Notably, the project’s launch coincides with the nation’s celebration of His Majesty Sultan Haitham bin Tarik’s ascension to the throne. Furthermore, the project is set to revolutionise the Omani real estate industry, serving as a testament to the enduring ties and constructive collaboration between Egypt and Oman.
Engineer Ahmed Sabbour, Chairman and Managing Director of Al Ahly Sabbour Developments, said that the company was established to undertake all activities related to development and real estate investment projects in the region, leveraging more than 30 years of experience in real estate development.
During this period, Al Ahly Sabbour has delivered outstanding projects that have left a significant mark on the Egyptian market and contributed to building integrated communities that meet the evolving needs of all generations. Sabbour explained that the company has set an ambitious vision and strategy as part of its expansion plans, focusing on exploring unique destinations with potential for future growth and expected to witness increased demand from clients. By developing these destinations and transforming them into fully integrated and livable communities, the company aims to create advanced and sustainable urban destinations.
Engineer Ahmed Sabbour highlighted that the company has developed over 65 projects across various regions in Egypt, including East and West Cairo, the North Coast, and the Red Sea. These large-scale projects serve more than 40,000 happy living families. The company also owns a vast land portfolio totaling 4,000 acres, encompassing numerous major investment options. This has solidified real estate investment in the company’s projects as a safe and profitable opportunity for businessmen and investors. He also shed light on the fact that the company has successfully reshaped the economic landscape in many areas where its projects have been established, contributing to increased value in real estate investment and development. As a result, Al Ahly Sabbour has become a vital benchmark and a trusted destination for clients of different age groups, lifestyles, and generations, attracting investments and ensuring sustainable and profitable returns.
Sabbour affirmed that Al Ahly Sabbour has become a symbol of trust and full commitment. "Every opportunity we present turns into a success story and an investment legacy passed down through generations," he said. "One of our key points of differentiation is our consistent success and advanced strategies that align with global market trends and meet the evolving needs of all generations across various age groups. Thanks to a team of experts and competencies in investment and real estate development in all its forms and levels, Al Ahly Sabbour offers diversified investment horizons, innovative ideas, and limitless opportunities for you to choose from.
Al Ahly Sabbour invites investors in Oman and beyond to explore the promising investment opportunities offered by this project, with an unwavering commitment to providing innovative solutions and secure investments. It is worth noting that Al Ahly Sabbour is a leading Egyptian real estate company, established in 1994 through a strategic partnership with the National Bank of Egypt. Over the past 30 years, the company has successfully transformed the real estate development industry by creating innovative solutions for buildings and diverse real estate projects that meet the evolving needs of clients and communities, while aligning with the aspirations of future generations. The company has expanded to cover various targeted sectors in the Egyptian real estate market and has established 19 subsidiary companies, offering a comprehensive range of products and services under the management of Al Ahly Sabbour Group, in line with its strategic vision for continuous development.