Al-Futtaim Group Real Estate breaks ground for the construction of Cairo Festival City

Notes and media contacts

Al-Futtaim Group Real Estate:
Al-Futtaim Group Real Estate (AFGRE), a key division of Al-Futtaim Group based in Dubai, is responsible for the development and operations of the Group's real estate businesses across the MENA region. AFGRE is responsible for the conception, development, procurement and construction of a number of mega projects as well as the leasing and operation of these projects after completion. The two current flagship mixed use developments under the Festival City brand name are:

Cairo Festival City is a visionary mixed use urban community strategically located just 15 minutes from Cairo International Airport near the district of Maadi to the South and Heliopolis/ Nasr City/ Mokattam to the West. Cairo Festival City features luxury residential communities, prime office spaces, internationally renowned hotels, schools and an automotive park all set within a lush landscaped environment. Located in the heart of this community is Festival Centre, which, together with Festival Village, will form Egypt's first indoor/outdoor shopping and entertainment destination. Integrated into the shopping centre is a 400 room retail luxury hotel extending into attractive landscaped gardens to give a resort feel to the hotel. On the opposite side of Festival Centre there will be a further hotel focused on the needs of the business traveller. The hotel will be situated close to the office park and fully equipped with leading edge technology, meeting and conference facilities. Cairo Festival City's residential districts will set new standards in modern living. Oriana Luxury Villas is a secure and tranquil gated residential community with 480 Mediterranean styled villas. The American International School, which opened in 2005 provides local children with a first-class education based on the American national curriculum. Among many aspects of the project currently being completed is the Toyota automotive park showroom, while the Honda showroom is already open for business. Showrooms for three further leading automotive brands are also planned.

Dubai Festival City is a 5.2 million sq m premier waterfront mixed-use urban community. Spanning 1,300 acres and stretching three kilometres along Dubai Creek, Dubai Festival City offers a rich and vibrant living experience that encompasses the finest and easily accessible shopping, dining, entertainment, homes, schools, hotels, offices and leisure all in one place.

Mohammed Barghuthi
Al-Futtaim Group Real Estate
Tel +971 4 2136297
Fax +971 4 2325661
Mobile +971 50 7147170

Nazneen Yasin
PR Account Executive
GMASCO Marketing Communications
Tel +971 4 2282101 - Ext 233
Fax +971 4 2279801
Mob +971 50 5096054