Cayan announces entry into the Egyptian market

Ahmed Al Hatti, Chairman of Cayan said, "As a leading property developer with luxury projects in Dubai and Jeddah, we felt it was timely to enter the Egyptian market. Following this market, we will also further expand in other targeted countries in the near future."

Cayan will provide full details about the project and announce its strategic partner in Egypt in a future release.

Cayan is a regional player with presence in Dubai, Riyadh, Jeddah and now in Cairo. The company has developed several residential projects in Dubai, namely La Residencia Del Mar, Dorrabay, The Jewels and Silverene at Dubai Marina. The exquisite Infinity Tower which is the only 90 degree twisting tower in the world is also being developed at a prime location in the Dubai Marina. It is also developing Cayan Business Centre, a freehold commercial tower in TECOM on Sheik Zayed Road. In KSA, Cayan is developing the Lamar project, a one of its kind 7 star luxury project.

Cayan have made a mark for itself by introducing iconic luxury property developments with unique architectural designs, which have led to the company winning several awards including 'Best Development in Dubai' for the Infinity Tower, 'Best Architecture - Multiple Units, Dubai', 'Best Developer Website, Dubai' for www.infinitytower.com, 'Best Property Marketing, Dubai' and an International Property Award for 'Best Architecture' for the Infinity Tower.