Your request was sent!
Founded 2002
No compounds match your filters
Nile Developments is an Egyptian joint-stock company listed on the stock exchange and the General Authority for Investment. Founded in 2002 and now headquartered in Fifth Settlement, New Cairo, the company specialises in skyscraper-grade commercial towers in the New Administrative Capital and French-styled residential compounds in New Cairo.
Under founder and chairman Eng. Mohamed Taher and CEO Mahmoud Taher, the group runs six active projects, including what the company describes as Africa's tallest vertical building, Nile Business City at 233 metres, and its tallest hotel tower, Tycoon Tower. النسخة العربية · English version.
Nile Developments was established in 2002 in the Delta city of Mansoura, before relocating its head office to Fifth Settlement in New Cairo in 2016 as activity expanded into Greater Cairo.
The company is an Egyptian joint-stock entity registered with both the General Authority for Investment and the Egyptian Exchange. It operates inside the wider Nile and Al-Ahram Real Estate Group, chaired by Eng. Mohamed Taher with Mahmoud Taher serving as chief executive officer.
Its corporate identity is built around the tagline "Pioneer of Skyscrapers", and the portfolio splits cleanly between administrative, commercial, and hospitality towers in the New Administrative Capital, and European-styled residential compounds in New Cairo.
The group has passed twenty years in the Egyptian market. It began with mid-scale projects in Mansoura, moved to Greater Cairo in 2016, and entered the New Administrative Capital with large administrative, commercial, and hospitality high-rises.
Its flagship engineering achievement is Nile Business City in the Downtown district of the New Administrative Capital, described by the company as Africa's tallest vertical building at 233 metres, alongside Tycoon Tower as the continent's tallest hotel tower.
On the residential side, the group launched the second phase of Nile Boulevard under the name Francia in January 2025, with a sales target of EGP 2.5 billion according to Egyptian business press coverage of the launch event.
The active portfolio sits across two main markets: the New Administrative Capital, hosting four administrative, commercial, and hospitality towers in the Downtown corridor, and New Cairo, hosting two adjacent upscale residential compounds.
The geographic split reflects a dual strategy: tower-grade investment in Egypt's newest administrative destination, paired with high-end residential development on top of the mature Fifth Settlement market, while the group retains roots in the Delta through its Mansoura branch.
In the New Administrative Capital, the group operates four headline towers: 31N Tower, Nile Business City, Tycoon Tower, and 31 North Tower.
Nile Business City is the commercial flagship, mixing administrative, retail, and medical units in the heart of the Downtown district. At 233 metres, the company markets it as the tallest vertical building in Africa per the figures published on its official website.
Tycoon Tower is the hospitality flagship, while 31 North Tower is positioned as the New Administrative Capital's first Festival Tower, with 34 above-ground floors devoted to administrative and commercial units on the Tourist Towers Strip in Downtown.
In New Cairo, the residential arm consists of Nile Boulevard, designed around a French architectural identity inspired by Parisian streets, and Francia, the second phase of Nile Boulevard launched in January 2025.
First, skyscraper specialisation. Unlike general developers who bolt a single tower onto a horizontal compound portfolio, Nile Developments built its identity around tall buildings, which signals engineering and logistics depth in designing and operating structures above 200 metres.
Second, regulated corporate status. The company is an Egyptian joint-stock entity listed on the stock exchange and at the General Authority for Investment, which implies governance and periodic reporting and reduces the counterparty risk of a ten-year instalment contract versus closed private firms.
Third, portfolio breadth. Upscale residential in Fifth Settlement alongside administrative, commercial, and hospitality towers in the New Administrative Capital lets a buyer diversify within the same developer, whether the intent is a primary home, a rented office, or a serviced hotel unit.
When was Nile Developments founded? Nile Developments was founded in 2002 in the city of Mansoura in the Delta, and relocated its head office to Fifth Settlement in New Cairo in 2016.
Where are Nile Developments projects located? Projects are split between the New Administrative Capital (four administrative, commercial, and hospitality towers in Downtown) and New Cairo (two adjacent upscale residential compounds).
Is Nile Developments a trusted developer? Yes. The company is an Egyptian joint-stock entity listed on the stock exchange and registered with the General Authority for Investment, with more than twenty years of operating history.
Its flagship buildings include what the company markets as Africa's tallest vertical building, Nile Business City at 233 metres, alongside the continent's tallest hotel tower, Tycoon Tower in the New Administrative Capital.
Does Nile Developments offer installment plans? Yes. Active projects come with payment plans extending up to ten years, with down payments starting at 5 percent on some launches. Specific terms vary by project and phase.
What sets Nile Developments apart from other developers? Skyscraper specialisation under the "Pioneer of Skyscrapers" tagline, listing on the Egyptian Exchange, a portfolio mix between upscale residential in Fifth Settlement and administrative or hospitality towers in the New Administrative Capital, and group affiliation with Al-Ahram Real Estate.
Your name helps our team prepare the best offer for you.
Your details are used only to contact you.
Connecting you to WhatsApp…
