Mobco Developments

Mobco Developments is the real estate arm of Mobco Group, a multi-sector engineering and development group founded in Saudi Arabia in 2001. The group now operates across four continents — Saudi Arabia, Egypt, Canada, and the United Kingdom — through specialised divisions in construction, real estate, education, hospitality, and facility management.

The Cairo office was established in 2002 as part of the group's regional expansion, and Mobco Developments now anchors its Egyptian portfolio with Eastmain New Cairo, a mixed-use mall inside the Palm Hills Katameya Extension in the Fifth Settlement.

Mobco Developments at a Glance

Mobco Developments operates under Mobco Group, founded and led by Engineer Mounes as Managing Director. The group is headquartered in the Al Ebdaa Tower on King Fahd Road in the Olaya District of Riyadh, with its Egyptian office at the B1 Building inside the Mivida compound in New Cairo.

The wider group spans general contracting, real estate development, education through Elite Education Group, hospitality, facility management, and property leasing. That breadth gives the developer in-house construction and operations support across the full project lifecycle.

Mobco's Track Record

Mobco Group reports more than 25 years of experience and over 430 delivered projects on its official site, supported by a workforce of roughly 10,000 staff including 600 engineers and technicians across its operating markets.

In Saudi Arabia, Mobco's portfolio includes Maad Towers and El-Jafry Tower in Mecca, Manar Elmadinah and El Andalous El Faddy in Medina, and a National Water Company facility in Riyadh, alongside a five-year investment programme exceeding 6 billion Saudi riyals.

In Egypt, the company's flagship project is the Eastmain mixed-use mall, a 12-acre commercial, medical, and administrative development inside the Palm Hills Katameya Extension in New Cairo.

Where Mobco Developments Operates in Egypt

In Egypt, Mobco's active footprint is concentrated in New Cairo compounds, specifically inside the Palm Hills Katameya Extension in the Fifth Settlement — one of the most sought-after locations for offices, retail units, and clinics in East Cairo.

Regionally, the parent group is active in Riyadh, Mecca, and Medina in Saudi Arabia, with construction and facility-management operations extending into Canada and the United Kingdom.

Mobco Developments Project Portfolio

Mobco's current Egyptian portfolio focuses on a single flagship project, Eastmain New Cairo, in line with the group's strategy of anchoring each new market with a single landmark scheme before broadening the pipeline.

The development is a ground-plus-two-floor commercial, medical, and administrative mall with units starting from roughly 41 square metres, designed for retail tenants, clinics, and small-to-mid-sized administrative offices inside the Palm Hills Katameya Extension.

To follow Mobco's future Egyptian launches, browse the full directory of real estate developers in Egypt on CompoundGate.

Why Buy from Mobco Developments

Buying from Mobco in Egypt offers a useful dual profile: a new local developer brand, but one backed by a quarter-century-old engineering group with a verifiable Gulf and Canadian track record, which reduces the operational risk often associated with first-time market entrants.

Because the construction arm sits inside the same group, build works at Eastmain are executed by Mobco's own contracting team. That vertical integration gives the developer direct control over delivery quality and timeline — a meaningful factor for buyers signing multi-year installment plans on commercial or medical units.

Mobco Developments — Frequently Asked Questions