The new company marks Kandeel Group’s strategic expansion into integrated mixed-use developments, building on more than 18 years of experience in Egypt’s real estate sector.
CAIRO, Egypt — 2024 — Kandeel Group today announced the establishment of Kandeel Developments, its dedicated real estate development company, marking a significant milestone in the Group’s long-term growth strategy. The new company has been established to lead the Group’s expansion into mixed-use developments, commercial destinations, and integrated residential communities, building on more than eighteen years of experience in residential development, construction, and real estate investment.
The launch represents the natural evolution of Kandeel Group’s business, reflecting years of operational experience, engineering expertise, and a growing development portfolio across Egypt. Through Kandeel Developments, the Group aims to deliver projects that combine strategic locations, thoughtful planning, architectural quality, and long-term value while responding to the evolving needs of businesses, investors, and modern communities.
Over the past eighteen years, Kandeel Group has established a strong track record in the Egyptian real estate market, delivering more than 70 projects, including over 100 residential developments, while serving more than 1,000 customers. Throughout its journey, the Group has remained committed to quality construction, disciplined project execution, and building lasting relationships with homeowners and business partners.
Kandeel Developments builds on this legacy with a broader vision for the future. The company has been established to develop integrated mixed-use projects and gated residential communities in strategically selected locations, supported by in-house engineering, construction, and operational capabilities that enable greater control over project quality and delivery.
The company’s leadership combines complementary expertise across business management, engineering, finance, and project execution. Founder Abdelmohsen Kandeel brings decades of entrepreneurial and financial experience across multiple industries, while Ziyad Kandeel, Chief Executive Officer, leads the company’s strategic direction, development planning, and future expansion. Mustafa Kandeel, Chief Operating Officer, oversees engineering management, operational performance, and project delivery across the Group’s development activities.
Commenting on the establishment of Kandeel Developments, Ziyad Kandeel, Chief Executive Officer, said:
“Since our founding, Kandeel Group has been driven by a commitment to excellence across all sectors we serve. As we stand on the cusp of a new era, we are embracing a bold vision for the future, one that redefines who we are and what we offer.
Our strategic evolution will allow us to bring the same level of quality, innovation, and excellence to businesses, investors and clients, creating spaces that inspire productivity, growth and comfort.
This is not just a step forward for Kandeel Developments—it’s a leap into the future. We are excited to continue this journey with our valued partners and clients as we build a new chapter together.”
The establishment of Kandeel Developments also strengthens the Group’s integrated business model. Alongside its real estate development activities, the company is supported by Kandeel Construction, which serves as the Group’s construction arm, and KAN Interiors & Finishings, its interior design and fit-out company. Together, these capabilities enable greater coordination throughout the development process while maintaining consistent quality standards from planning through project delivery.