Artificial Intelligence
Builders Company
Developers/City Edge Developments
CE
City Edge DevelopmentsGiza, Egypt · founded 2017 · 1 active markets
PRIVATE

City Edge Developments builds premium residential communities, mixed-use destinations, commercial assets, hospitality projects, offices, retail and education-related developments across Egypt. Its customers include homebuyers, investors, residents, visitors, businesses and institutional partners seeking integrated urban, leisure and service environments and amenities.

Years in business
9
founded 2017
LinkedIn headcount
575
employees, as shown on LinkedIn · +16.2% YoY, +80 people · size band 201–500
Total projects
30+
across the company’s whole history
Units delivered
more than 11,000
as the company states it
Projects last researched October 12, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
not published
Headquarters
Giza1, Egypt
Founded
20171
Entity type
PRIVATE1
Business model
offplan for sale1, commercial1, mixed use1, masterplan1
Markets
1 market listed
What they build
Retail (1 of 1)
Full dossier in About →

Delivery record

0 date-assessed of 1 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
1
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.
Projects and timelines in Track Record →

Resident experience

1 of 1 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.7/ 10
Weighted judgment across build and operations · from 1 of 1 rated building
Little structure evidence (0 of 1 building) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 1 rated building
Management & living
8.4/ 10
Upkeep, response times, amenities, community · from 1 of 1 rated building

Against other developers

not enough rated buildings yet
Not enough rated buildings in Egypt yet to compare against.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • DELIVERY DELAY Reported July 25, 2026; the cited buyer’s initial delivery date was August 2025, with a contractual grace period ending August 2026. In New Alamein’s Latin Quarter, buyers alleged that units remained undelivered after their initial contractual dates while instalments and maintenance charges continued; one buyer reported an August 2025 delivery date and no handover by the July 2026 publication, while City Edge did not provide a response before publication. This is reported buyer testimony, not a final finding of liability.
  • DELIVERY DELAY Reported May 12, 2026; the article says the cases were scheduled for judgment on May 21, 2026. Owners of City Edge’s A4–B4–C4 towers in New Alamein reportedly filed more than 15 compensation cases alleging that fully paid units were not delivered by the contractual date of November 7, 2021, the extended date of November 7, 2022, or the later date of December 30, 2024; the report described the cases as awaiting judgment, so no outcome was established in the source.
  • DELIVERY DELAY Source published 12 May 2026; reported contractual dates: 7 November 2021, 7 November 2022 and 30 December 2024; case hearing reported for 21 May 2026 According to a May 2026 report reproducing the buyers’ court claims, City Edge Developments had not delivered any units in New Alamein’s A4, B4 and C4 towers after the contractual 7 November 2021 date, the 12-month extension to 7 November 2022, and a further amended date of 30 December 2024; more than 15 compensation cases against City Edge were reportedly pending before the South Giza Court. This is a reported buyer-litigation claim, not a judicial finding, and the retrieved source does not establish the cases’ outcome by 12 October 2026.
Record status
active
Company sources
89 source entries across 89 fields
Projects tracked
1 · 1 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 1 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
1
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.

Construction start to handover

1 of 1 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
New Alamein City, Egypt
202220232024202520262027todayNEW ALAMEIN CITY, EGYPTdates under review
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 turned out to be about something else — a phase, a neighbour, the wider masterplan — and is marked off-subject.

Building & Livability Ratings

Resident experience

1 of 1 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.7/ 10
Weighted judgment across build and operations · from 1 of 1 rated building
Little structure evidence (0 of 1 building) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 1 rated building
Management & living
8.4/ 10
Upkeep, response times, amenities, community · from 1 of 1 rated building

Against other developers

not enough rated buildings yet
Not enough rated buildings in Egypt yet to compare against.

By building

1 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
North Square MallNorth Coast, New Alamein City
8.7/ 10
—/ 10
8.4/ 10

The largest published aggregate is Mindtrip’s 4.5/5 from 381 reviews, which converts to 8.5 under the specified curve. The sampled commentary is strongly positive about the beachfront, family and public-realm experience, but modestly reduces the living score for retail limitations, pricing and service concerns; no physical-condition evidence supports a structure score.

+ Beachfront setting+ Family-friendly atmosphere+ Open-air walking areas+ Clean and spacious common areas+ Shopping, cafés and events
− Limited retail variety− High prices− Unprofessional or untrained staff− Inconsistent parking charges

no notes returned

no links returned

Published visitor reviews describe “a beachfront square” with wide walking paths, sea breeze and family appeal; another calls the mall “clean and spacious.” The same material flags that store variety is limited, prices can be high, and that staff may be “a little bit unprofessional and untrained,” while the developer and operator reporting describes an expanding events, dining and retail offer rather than resident-management performance.

Only buildings that have reached handover are rated. 0 of 1 project carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
not published
Headquarters
Giza, Egypt
Founded
2017
Egypt
Entity type
PRIVATE
Revenue
not published
Business model
offplan for sale, commercial, mixed use, masterplan

Offices

head office and 6 others
New CairoSheikh Zayed CityNew Alamein CityMansouraNew Administrative CapitalNew Mansoura

Sources: office cities

COMPANYdate not shown in source

Contact Us - City Edge Developments

City Edge Developments
Lake View Residence, 3rd Floor – Plot No. 12 – East City Area – New Cairo
value seen: New Cairo
https://cityedgedevelopments.com/contact-us/

Sources: office cities

COMPANYdate not shown in source

Contact Us - City Edge Developments

City Edge Developments
Arkan Plaza Mall – Building 4 – Sixth Floor – Sheikh Zayed City
value seen: Sheikh Zayed City
https://cityedgedevelopments.com/contact-us/

Sources: office cities

COMPANYdate not shown in source

Contact Us - City Edge Developments

City Edge Developments
Mazarine Compound – C15 Road – New Alamein City
value seen: New Alamein City
https://cityedgedevelopments.com/contact-us/

Sources: office cities

COMPANYdate not shown in source

Contact Us - City Edge Developments

City Edge Developments
Gomhoria Street – In front of Mansoura University – Mansoura
value seen: Mansoura
https://cityedgedevelopments.com/contact-us/

Sources: office cities

COMPANYdate not shown in source

Contact Us - City Edge Developments

City Edge Developments
Residential District 5 – South 90th Axis Road – New Administrative Capital
value seen: New Administrative Capital
https://cityedgedevelopments.com/contact-us/

Sources: office cities

COMPANYdate not shown in source

Contact Us - City Edge Developments

City Edge Developments
Zahya Compound – Villa No. 80 – First Area – New Mansoura
value seen: New Mansoura
https://cityedgedevelopments.com/contact-us/

Partners

11 partners
New Urban Communities Authority (NUCA)
joint venture

City Edge was established through a strategic partnership with NUCA to develop real-estate projects in Egypt.

Housing and Development Bank (HDB)
joint venture

City Edge was established through a strategic partnership with HDB to develop real-estate projects in Egypt.

National Bank of Egypt (NBE)
funder

NBE provided financing for part of the investment cost of the Etapa Square commercial mall.

Banque Misr
funder

Banque Misr participated with NBE in financing the Etapa Square project.

Al Ashraf Group
operator

With SAM Developments and AWG, Al Ashraf Group undertook leasing and operations of Mazarine Boulevard for nine years.

SAM Developments
operator

With Al Ashraf Group and AWG, SAM Developments undertook leasing and operations of Mazarine Boulevard for nine years.

AWG
operator

With Al Ashraf Group and SAM Developments, AWG undertook leasing and operations of Mazarine Boulevard for nine years.

Raffles
operator

Raffles is identified as an international hospitality operator for City Edge-managed hotel rooms.

Fairmont
operator

Fairmont is identified as an international hospitality operator for City Edge-managed hotel rooms.

Hilton
operator

Hilton is identified as an international hospitality operator for City Edge-managed hotel rooms.

DoubleTree by Hilton
operator

DoubleTree by Hilton is identified as an international hospitality operator for City Edge-managed hotel rooms.

Sources: partners

COMPANYdate not shown in source

About Us - City Edge Developments

City Edge Developments
City Edge Developments is a leading real estate developer in Egypt, born from a strategic partnership between the New Urban Communities Authority (NUCA) and the Housing and Development Bank (HDB).
value seen: New Urban Communities Authority (NUCA)
https://cityedgedevelopments.com/about-us/

Sources: partners

COMPANYdate not shown in source

About Us - City Edge Developments

City Edge Developments
City Edge Developments is a leading real estate developer in Egypt, born from a strategic partnership between the New Urban Communities Authority (NUCA) and the Housing and Development Bank (HDB).
value seen: Housing and Development Bank (HDB)
https://cityedgedevelopments.com/about-us/

Sources: partners

PRESS2026-04-05

City Edge achieves record EGP 61.4bn sales in 2025, expands hospitality portfolio

Daily News Egypt
Partnerships with international operators such as Raffles, Fairmont, Hilton, and DoubleTree by Hilton underscore its growing presence in Egypt’s tourism and hospitality market.
value seen: DoubleTree by Hilton
https://www.dailynewsegypt.com/2026/04/05/city-edge-achieves-record-egp-61-4bn-sales-in-2025-expands-hospitality-portfolio/

Sources: partners

PRESSdate not shown in source

City Edge Partners with NBE & Banque Misr

Invest-Gate
The National Bank of Egypt (NBE) and Banque Misr signs a financing contract with City Edge Development
value seen: National Bank of Egypt (NBE)
https://invest-gate.me/news/city-edge-partners-with-nbe-banque-misr/

Sources: partners

PRESSdate not shown in source

City Edge Partners with NBE & Banque Misr

Invest-Gate
The National Bank of Egypt (NBE) and Banque Misr signs a financing contract with City Edge Development
value seen: Banque Misr
https://invest-gate.me/news/city-edge-partners-with-nbe-banque-misr/

Sources: partners

PRESSdate not shown in source

City Edge signs agreement with Al Ashraf Group, SAM Developments and AWG Consortium | ZAWYA

ZAWYA
City Edge Developments has signed an agreement with a consortium comprising Al Ashraf Group, SAM Developments and AWG, under which the consortium will undertake the leasing and operations of Mazarine Boulevard in New Alamein City for a period of nine years.
value seen: Al Ashraf Group
https://www.zawya.com/en/press-release/companies-news/city-edge-signs-agreement-with-al-ashraf-group-sam-developments-and-awg-consortium-1099815

Sources: partners

PRESSdate not shown in source

City Edge signs agreement with Al Ashraf Group, SAM Developments and AWG Consortium | ZAWYA

ZAWYA
City Edge Developments has signed an agreement with a consortium comprising Al Ashraf Group, SAM Developments and AWG, under which the consortium will undertake the leasing and operations of Mazarine Boulevard in New Alamein City for a period of nine years.
value seen: SAM Developments
https://www.zawya.com/en/press-release/companies-news/city-edge-signs-agreement-with-al-ashraf-group-sam-developments-and-awg-consortium-1099815

Sources: partners

PRESSdate not shown in source

City Edge signs agreement with Al Ashraf Group, SAM Developments and AWG Consortium | ZAWYA

ZAWYA
City Edge Developments has signed an agreement with a consortium comprising Al Ashraf Group, SAM Developments and AWG, under which the consortium will undertake the leasing and operations of Mazarine Boulevard in New Alamein City for a period of nine years.
value seen: AWG
https://www.zawya.com/en/press-release/companies-news/city-edge-signs-agreement-with-al-ashraf-group-sam-developments-and-awG-consortium-1099815

Sources: partners

PRESS2026-04-05

City Edge achieves record EGP 61.4bn sales in 2025, expands hospitality portfolio

Daily News Egypt
Partnerships with international operators such as Raffles, Fairmont, Hilton, and DoubleTree by Hilton underscore its growing presence in Egypt’s tourism and hospitality market.
value seen: Raffles
https://www.dailynewsegypt.com/2026/04/05/city-edge-achieves-record-egp-61-4bn-sales-in-2025-expands-hospitality-portfolio/

Sources: partners

PRESS2026-04-05

City Edge achieves record EGP 61.4bn sales in 2025, expands hospitality portfolio

Daily News Egypt
Partnerships with international operators such as Raffles, Fairmont, Hilton, and DoubleTree by Hilton underscore its growing presence in Egypt’s tourism and hospitality market.
value seen: Fairmont
https://www.dailynewsegypt.com/2026/04/05/city-edge-achieves-record-egp-61-4bn-sales-in-2025-expands-hospitality-portfolio/

Sources: partners

PRESS2026-04-05

City Edge achieves record EGP 61.4bn sales in 2025, expands hospitality portfolio

Daily News Egypt
Partnerships with international operators such as Raffles, Fairmont, Hilton, and DoubleTree by Hilton underscore its growing presence in Egypt’s tourism and hospitality market.
value seen: Hilton
https://www.dailynewsegypt.com/2026/04/05/city-edge-achieves-record-egp-61.4bn-sales-in-2025-expands-hospitality-portfolio/

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Egyptactive 1 project tracked

What they build

1 type
Retail1 of 1
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
LH
Lobna Helal
Lobna Helal is the non-executive chair of City Edge Developments. She is a senior Egyptian banking and financial-policy executive, formerly Deputy Governor of the Central Bank of Egypt, and also holds several board and trustee roles outside City Edge.
Current title
Non-executive Chair of City Edge Developments
Experience
30+ years banking
Companies before
none sourced
Education
American University in CairoMaster's degree in Economics
Other boards
Chair of the Board of Trustees, Innovation for Sustainable Development FoundationBoard member, National Bank of Egypt (London)Board member, Egypt's Sovereign Wealth FundBoard member, Social Housing FundBoard member, AlexBankBoard member, El-Nidaa Foundation
Known for
ChairFormer CBE Deputy GovernorMaster's in Economics

Sources: education

COMPANYdate not shown in source

Board of Directors

Telecom Egypt · carried by te.eg
Helal holds a Master's degree in Economics from the American University in Cairo.
value seen: Master's degree in Economics from the American University in Cairo
https://te.eg/en/web/guest/about-te/board-of-directors

Sources: full name

COMPANYdate not shown in source

Board of Directors

Telecom Egypt · carried by te.eg
Currently, Helal serves as non-executive Chair of City Edge Developments, Chair of the Board of Trustees of the Innovation for Sustainable Development Foundation, board member of the National Bank of Egypt (London), Egypt's Sovereign Wealth Fund, the Social Housing Fund's board, AlexBank, and El-Nidaa Foundation.
value seen: Lobna Helal
held out of the figures · the quote does not carry this value
https://te.eg/en/web/guest/about-te/board-of-directors

Sources: other boards

COMPANYdate not shown in source

Board of Directors

Telecom Egypt · carried by te.eg
Currently, Helal serves as non-executive Chair of City Edge Developments, Chair of the Board of Trustees of the Innovation for Sustainable Development Foundation, board member of the National Bank of Egypt (London), Egypt's Sovereign Wealth Fund, the Social Housing Fund's board, AlexBank, and El-Nidaa Foundation.
value seen: Chair of the Board of Trustees of the Innovation for Sustainable Development Foundation; board member of the National Bank of Egypt (London), Egypt's Sovereign Wealth Fund, the Social Housing Fund's board, AlexBank, and El-Nidaa Foundation
https://te.eg/en/web/guest/about-te/board-of-directors

Sources: summary

COMPANYdate not shown in source

Board of Directors

Telecom Egypt · carried by te.eg
With over 30 years of experience in the banking sector, Helal was the first woman to serve as Deputy Governor of the Central Bank of Egypt (CBE) for Monetary Stability Policies, serving two terms (2011-2013 and 2015-2019).
value seen: over 30 years of experience in the banking sector
https://te.eg/en/web/guest/about-te/board-of-directors

Sources: tags

COMPANYdate not shown in source

Board of Directors

Telecom Egypt · carried by te.eg
Currently, Helal serves as non-executive Chair of City Edge Developments
value seen: non-executive Chair of City Edge Developments
value paraphrased from this source
https://te.eg/en/web/guest/about-te/board-of-directors

Sources: tags

COMPANYdate not shown in source

Board of Directors

Telecom Egypt · carried by te.eg
With over 30 years of experience in the banking sector, Helal was the first woman to serve as Deputy Governor of the Central Bank of Egypt (CBE)
value seen: over 30 years of experience in the banking sector
value paraphrased from this source
https://te.eg/en/web/guest/about-te/board-of-directors

Sources: tags

COMPANYdate not shown in source

Board of Directors

Telecom Egypt · carried by te.eg
Helal was the first woman to serve as Deputy Governor of the Central Bank of Egypt (CBE) for Monetary Stability Policies
value seen: Deputy Governor of the Central Bank of Egypt
value paraphrased from this source
https://te.eg/en/web/guest/about-te/board-of-directors

Sources: tags

COMPANYdate not shown in source

Board of Directors

Telecom Egypt · carried by te.eg
Helal holds a Master's degree in Economics from the American University in Cairo.
value seen: Master's degree in Economics
https://te.eg/en/web/guest/about-te/board-of-directors

Sources: title

COMPANYdate not shown in source

Board of Directors

Telecom Egypt · carried by te.eg
Currently, Helal serves as non-executive Chair of City Edge Developments, Chair of the Board of Trustees of the Innovation for Sustainable Development Foundation, board member of the National Bank of Egypt (London), Egypt's Sovereign Wealth Fund, the Social Housing Fund's board, AlexBank, and El-Nidaa Foundation.
value seen: non-executive Chair of City Edge Developments
https://te.eg/en/web/guest/about-te/board-of-directors
TN
Tamer Nasser
Tamer Nasser has led City Edge as CEO since his appointment in September 2024, with responsibility for development, marketing, sales and management of its large-scale projects. He has more than three decades of engineering and project-management experience, including senior roles at Emaar Misr, Imkan Developments and Misr El-Gedida for Housing and Development.
Current title
Chief Executive Officer of City Edge Developments
since September 2024
Experience
33+ years experience
Companies before
Misr El-Gedida for Housing and DevelopmentImkan Developments GroupEmaar MisrArab ContractorsFrench Consortium for Cairo Metro Line 2SchlumbergerAl Kharafi Construction
Education
Cairo UniversityFaculty of Engineering, 1991
Not specified in the retrieved sourceMaster's degree in Business Administration
Other boards
none sourced
Known for
CEOex-Emaar MisrProject managementCairo UniversityMBA
https://linkedin.com/in/tamer-nasser-6836423
City Edge Developments success is realized through having a clear vision for our future, while developing our present through a commitment towards building value through premium-quality projects across Egypt. City Edge Developments https://www.cityedgedevelopments.com/public/about-us

Sources: education

PRESS2024-09-25

Eng. Tamer Nasser appointed as CEO of City Edge Developments

Zawya
A graduate of Cairo University’s Faculty of Engineering (1991), Engineer Nasser possesses deep expertise in construction, project management, oil and gas, and real estate. In addition to his technical proficiency, Engineer Nasser holds a Master's degree in Business Administration
value seen: Cairo University’s Faculty of Engineering (1991); Master's degree in Business Administration
https://www.zawya.com/en/press-release/people-in-the-news/eng-tamer-nasser-appointed-as-ceo-of-city-edge-developments-y41hmz40

Sources: previous companies

PRESS2024-09-25

Eng. Tamer Nasser appointed as CEO of City Edge Developments

Zawya
He began his journey in the real estate sector in 2008 when he joined Emaar Misr as Director of Quality Assurance and Control; he held various leadership positions at Emaar Misr and the Imkan Developments Group, before assuming the role of Managing Director and CEO at Misr El-Gedida for Housing and Development in 2020.
value seen: Emaar Misr; Imkan Developments Group; Misr El-Gedida for Housing and Development; Arab Contractors; French Consortium for Cairo Metro Line 2; Schlumberger; Al Kharafi Construction
held out of the figures · the quote does not carry this value
https://www.zawya.com/en/press-release/people-in-the-news/eng-tamer-nasser-appointed-as-ceo-of-city-edge-developments-y41hmz40

Sources: quote

COMPANYdate not shown in source

City Edge | About Us

City Edge Developments
City Edge Developments success is realized through having a clear vision for our future, while developing our present through a commitment towards building value through premium-quality projects across Egypt.
value seen: City Edge Developments success is realized through having a clear vision for our future, while developing our present through a commitment towards building value through premium-quality projects across Egypt.
https://www.cityedgedevelopments.com/public/about-us

Sources: since

PRESS2024-09-25

Eng. Tamer Nasser appointed as CEO of City Edge Developments

Zawya
Cairo: City Edge Developments, a leading real estate development company, announced the appointment of Engineer Tamer Nasser as its new Chief Executive Officer.
value seen: September 25, 2024
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.zawya.com/en/press-release/people-in-the-news/eng-tamer-nasser-appointed-as-ceo-of-city-edge-developments-y41hmz40

Sources: summary

PRESS2024-09-25

Eng. Tamer Nasser appointed as CEO of City Edge Developments

Zawya
With a distinguished career spanning over 33 years, Engineer Nasser is a seasoned project management expert with a diverse range of experience.
value seen: With a distinguished career spanning over 33 years
https://www.zawya.com/en/press-release/people-in-the-news/eng-tamer-nasser-appointed-as-ceo-of-city-edge-developments-y41hmz40

Sources: tags

COMPANYdate not shown in source

City Edge | About Us

City Edge Developments
ENG. Tamer Nasser Chief Executive Officer of City Edge Developments
value seen: Chief Executive Officer
https://www.cityedgedevelopments.com/public/about-us

Sources: tags

PRESS2024-09-25

Eng. Tamer Nasser appointed as CEO of City Edge Developments

Zawya
With a distinguished career spanning over 33 years, Engineer Nasser is a seasoned project management expert with a diverse range of experience.
value seen: over 33 years
https://www.zawya.com/en/press-release/people-in-the-news/eng-tamer-nasser-appointed-as-ceo-of-city-edge-developments-y41hmz40

Sources: title

COMPANYdate not shown in source

City Edge | About Us

City Edge Developments
ENG. Tamer Nasser Chief Executive Officer of City Edge Developments
value seen: Chief Executive Officer
https://www.cityedgedevelopments.com/public/about-us
HJ
Hisham Jaheen
Hisham Jaheen is City Edge’s CFO and is identified as a C-level finance executive responsible for financial management, treasury, investment management, risk, controls and business operations. His profile records more than 30 years of experience and prior senior finance roles at Redcon Properties, Namaa Real Estate and Majid Al Futtaim.
Current title
Chief Financial Officer at City Edge Developments
since November 2021
Experience
30+ years experience
Companies before
Redcon PropertiesNamaa Real EstateMajid Al Futtaim
Education
Ain Shams UniversityGood Accounting
Other boards
none sourced
Known for
CFOFinanceTreasuryRisk management
https://www.linkedin.com/in/hisham-jaheen-ca-aa131827

Sources: education

SOCIALdate not shown in source

Hisham Jaheen - CA

LinkedIn
### Good Accounting at [Ain Shams University] 1988 - 1991
value seen: Good Accounting at Ain Shams University
https://www.linkedin.com/in/hisham-jaheen-ca-aa131827

Sources: previous companies

SOCIALdate not shown in source

Hisham Jaheen - CA

LinkedIn
### Chief Financial Officer - [Redcon Properties] ... ### Executive Vice President - [Namaa Real Estate] ... ### Head of Finance (Egypt & Lebanon) - [Majid Al Futtaim]
value seen: Redcon Properties; Namaa Real Estate; Majid Al Futtaim
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/hisham-jaheen-ca-aa131827

Sources: since

SOCIALdate not shown in source

Hisham Jaheen - CA

LinkedIn
### Chief Financial Officer - [City Edge Developments](https://www.linkedin.com/company/city-edge-developments) (Current) Nov 2021 - Present (4 years and 10 months)
value seen: Nov 2021 - Present
https://www.linkedin.com/in/hisham-jaheen-ca-aa131827

Sources: summary

SOCIALdate not shown in source

Hisham Jaheen - CA

LinkedIn
Regional Executive with 30+ years of progressive experience in strategic financial management, treasury and investment management, corporate finance, Audit & business operations (IT & Procurement)
value seen: Regional Executive with 30+ years of progressive experience in strategic financial management, treasury and investment management, corporate finance, Audit & business operations
https://www.linkedin.com/in/hisham-jaheen-ca-aa131827

Sources: tags

SOCIALdate not shown in source

Hisham Jaheen - CA

LinkedIn
Regional Executive with 30+ years of progressive experience in strategic financial management, treasury and investment management
value seen: 30+ years of progressive experience in strategic financial management, treasury and investment management
value paraphrased from this source
https://www.linkedin.com/in/hisham-jaheen-ca-aa131827

Sources: title

SOCIALdate not shown in source

Hisham Jaheen - CA

LinkedIn
Chief Financial Officer at City Edge Developments
value seen: Chief Financial Officer at City Edge Developments
https://www.linkedin.com/in/hisham-jaheen-ca-aa131827
HH
Hesham Hussein
Hesham Hussein is City Edge’s Chief Development Officer, a current C-level role covering real-estate, hospitality and mixed-use development. His documented background includes development and owner-representative roles at Capital Link Developments, SODIC, RAK Properties, DAMAC Properties and Palm Hills Developments, supported by architecture and urban-design qualifications from Cairo University.
Current title
Chief Development Officer at City Edge Developments
since April 2025
Experience
33+ years experience
Companies before
Capital Link DevelopmentsSODICRAK PropertiesDAMAC PropertiesPalm Hills Developments
Education
Cairo UniversityBachelor of Architecture
Cairo UniversityDiploma, Urban Design
Other boards
none sourced
Known for
Chief Development OfficerMixed-use developmentArchitectureUrban design
https://linkedin.com/in/hesham-hussein-7484a420

Sources: education

SOCIALdate not shown in source

Hesham Hussein

LinkedIn
#### Diploma, Urban Design ... #### Bachelor of Architecture - BArch, Architecture 1985 - 1990 ... Cairo University
value seen: Bachelor of Architecture; Diploma, Urban Design at Cairo University
held out of the figures · the quote does not carry this value
https://linkedin.com/in/hesham-hussein-7484a420

Sources: previous companies

SOCIALdate not shown in source

Hesham Hussein

LinkedIn
### Chief Development Design Officer (CDO) - [Capital Link Developments] ... ### Development Director - Owner Representative - [SODIC] ... ### Design Director - Owner Representative - [RAK Properties] ... ### Senior Design Manager - Owner Representative - [DAMAC Properties] ... ### [Palm Hills Developments]
value seen: Capital Link Developments; SODIC; RAK Properties; DAMAC Properties; Palm Hills Developments
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/hesham-hussein-7484a420

Sources: since

SOCIALdate not shown in source

Hesham Hussein

LinkedIn
### Chief Development Officer (CDO) - [City Edge Developments] (Current) Apr 2025 - Present
value seen: Apr 2025 - Present
https://linkedin.com/in/hesham-hussein-7484a420

Sources: summary

SOCIALdate not shown in source

Hesham Hussein

LinkedIn
Seasoned real estate and hospitality development senior executive with end-to-end…
value seen: Seasoned real estate and hospitality development senior executive
https://linkedin.com/in/hesham-hussein-7484a420

Sources: tags

SOCIALdate not shown in source

Hesham Hussein

LinkedIn
# Hesham Hussein Chief Development Officer (CDO) | Real Estate, Hospitality & Mixed-Use Development ... Total Experience: 33 years and 8 months
value seen: Chief Development Officer (CDO); 33 years and 8 months; real estate and hospitality development senior executive
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/hesham-hussein-7484a420

Sources: title

SOCIALdate not shown in source

Hesham Hussein

LinkedIn
### Chief Development Officer (CDO) - [City Edge Developments] (Current)
value seen: Chief Development Officer (CDO)
https://linkedin.com/in/hesham-hussein-7484a420
TK
Tarek Kabil
Tarek Kabil is documented as a current City Edge board member. Independent reporting identifies him as a former Minister of Trade and Industry and former President of PepsiCo International for the Middle East and Africa, while his professional profile records his City Edge board service from January 2020.
Current title
Board Member of City Edge Developments
since January 2020
Experience
no career length stated
Companies before
PepsiCo International
Education
not published
Other boards
none sourced
Known for
Board memberFormer Trade and Industry MinisterFormer PepsiCo executive
https://linkedin.com/in/tarek-kabil-98978b48

Sources: since

SOCIALdate not shown in source

Tarek Kabil

LinkedIn
### Board Member - [City Edge Developments] (Current) Jan 2020 - Present (5 years and 10 months)
value seen: Jan 2020 - Present
https://linkedin.com/in/tarek-kabil-98978b48

Sources: summary

LISTING_PORTALdate not shown in source

City Edge Developments

City Edge Developments · carried by realestate-capsule.com
The wider board includes Mr. Tarek Kabil, former Minister of Trade and Industry and ex-President of PepsiCo International for the Middle East and Africa
value seen: former Minister of Trade and Industry and ex-President of PepsiCo International for the Middle East and Africa
https://realestate-capsule.com/en/developer/city-edge-developments/

Sources: title

SOCIALdate not shown in source

Tarek Kabil

LinkedIn
### Board Member - [City Edge Developments] (Current) Jan 2020 - Present (5 years and 10 months)
value seen: Board Member - City Edge Developments (Current)
https://linkedin.com/in/tarek-kabil-98978b48
AS
Ahmed Sharafeldin
Ahmed Sharafeldin is City Edge’s National Projects Executive Director and leads department strategy, project commencement and completion coordination, progress, quality and phase planning. His profile describes more than 25 years in real estate and construction, including delivery work at City Edge and a prior managing-director role at Palm Hills Developments.
Current title
National Projects Executive Director at City Edge Developments
since January 2022
Experience
25+ years real estate and construction
Companies before
Palm Hills Developments
Education
Cairo UniversityBachelor of Architecture
Other boards
none sourced
Known for
National Projects Executive DirectorProject deliveryArchitectureex-Palm Hills
https://linkedin.com/in/ahmsharaf

Sources: education

SOCIALdate not shown in source

Ahmed Sharafeldin

LinkedIn
### Bachelor of Architecture - BArch, Architecture at [Cairo University]
value seen: Bachelor of Architecture - BArch, Architecture at Cairo University
https://linkedin.com/in/ahmsharaf

Sources: previous companies

SOCIALdate not shown in source

Ahmed Sharafeldin

LinkedIn
### Managing Director - [Palm Hills Developments] ...
value seen: Palm Hills Developments
https://linkedin.com/in/ahmsharaf

Sources: since

SOCIALdate not shown in source

Ahmed Sharafeldin

LinkedIn
#### National Projects Executive Director (Current) Jan 2022 - Present (4 years and 6 months)
value seen: Jan 2022 - Present
https://linkedin.com/in/ahmsharaf

Sources: summary

SOCIALdate not shown in source

Ahmed Sharafeldin

LinkedIn
At City Edge, I successfully managed the delivery of 16,000+ residential units across 3,800+ acres in the New Administrative Capital, New Alamein, and other locations.
value seen: managed the delivery of 16,000+ residential units across 3,800+ acres
https://linkedin.com/in/ahmsharaf

Sources: tags

SOCIALdate not shown in source

Ahmed Sharafeldin

LinkedIn
Ahmed Sharafeldin is an accomplished Executive Director with over 25 years of leadership in real estate and construction.
value seen: over 25 years of leadership in real estate and construction
https://linkedin.com/in/ahmsharaf

Sources: title

SOCIALdate not shown in source

Ahmed Sharafeldin

LinkedIn
#### National Projects Executive Director (Current)
value seen: National Projects Executive Director (Current)
https://linkedin.com/in/ahmsharaf

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

1 project
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
North Square MallNew Alamein City, Egypt
North Coast
retail—————2022July 12thJun 2022 – Aug 2022Feb 2022dates under reviewdates under reviewcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
COMPANY AWARD Winner April 15, 2026
Most Innovative Urban Development Strategies – Real Estate – Egypt 2026
The developer reports receiving this 2026 recognition for its urban-development strategy in Egypt.
PROJECT AWARD Winner April 15, 2026
Most Innovative New Urban Expansion Project – New Alamein Towers – Egypt 2026 · New Alamein Towers
The developer reports that New Alamein Towers received this 2026 project recognition.
PROJECT AWARD Winner December 11, 2025
Hospitality Project Award · Maspero Metropolis Project
The developer reports that Maspero Metropolis received the Hospitality Project Award at the Invest-Gate ACE Awards 2025.
PROJECT AWARD Winner January 17, 2025
Coastal Project of the Year · Beachfront Towers
City Edge Developments was reported as the recipient of the Coastal Project of the Year award for Beachfront Towers.
Invest-Gate ACE Awards · https://en.arqam.news/416592/
PROJECT AWARD Winner July 27, 2023 (reported July 30, 2023)
Best Commercial Project in 2023 · Etapa Square
Etapa Square, developed by City Edge Developments, won the Best Commercial Project award in the Big 5 Impact Award competition.
Big 5 Impact Award · https://alekhbaryia.com/143976/
GOVERNMENT RECOGNITION Winner March 3, 2020
Public-Private Government Award for New Alamein Towers · New Alamein Towers
EgyptToday reported that City Edge Developments won the public-private government award for New Alamein Towers at the BT100 Awards.
COMPANY AWARD Winner April 2, 2021 (reporting date; ceremony announced for April 4)
Best in Real Estate Development
A contemporaneous report stated that City Edge Developments was honored with the LEADERS 2020 award for best performance in real-estate development; this is older evidence and is included as a company-defining recognition within the requested ten-year window.

Risks

Risk flags

3 found
DELIVERY DELAY Reported July 25, 2026; the cited buyer’s initial delivery date was August 2025, with a contractual grace period ending August 2026.
In New Alamein’s Latin Quarter, buyers alleged that units remained undelivered after their initial contractual dates while instalments and maintenance charges continued; one buyer reported an August 2025 delivery date and no handover by the July 2026 publication, while City Edge did not provide a response before publication. This is reported buyer testimony, not a final finding of liability.
DELIVERY DELAY Reported May 12, 2026; the article says the cases were scheduled for judgment on May 21, 2026.
Owners of City Edge’s A4–B4–C4 towers in New Alamein reportedly filed more than 15 compensation cases alleging that fully paid units were not delivered by the contractual date of November 7, 2021, the extended date of November 7, 2022, or the later date of December 30, 2024; the report described the cases as awaiting judgment, so no outcome was established in the source.
DELIVERY DELAY Source published 12 May 2026; reported contractual dates: 7 November 2021, 7 November 2022 and 30 December 2024; case hearing reported for 21 May 2026
According to a May 2026 report reproducing the buyers’ court claims, City Edge Developments had not delivered any units in New Alamein’s A4, B4 and C4 towers after the contractual 7 November 2021 date, the 12-month extension to 7 November 2022, and a further amended date of 30 December 2024; more than 15 compensation cases against City Edge were reportedly pending before the South Giza Court. This is a reported buyer-litigation claim, not a judicial finding, and the retrieved source does not establish the cases’ outcome by 12 October 2026.

Record status

active
Coverageactive
Tracked sinceOctober 11, 2026
Last checkedOctober 12, 2026 this month
Profile last researchedOctober 12, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.