Mubasher: Majid Al Futtaim has launched its Junction project, its first-ever business park in Egypt, with investments of EGP 15 billion, according to a press release.
Located next to the Mall of Egypt in West Cairo, the launch supports the company’s long-term commitment to Egypt’s economic growth and urban development.
Junction spans over more than 129,000 sqm across two interconnected plots, featuring 13 office buildings, a curated retail and food and beverage (F&B) experience.
The development scheme contributed to securing more than 8,000 direct and indirect job opportunities.
Ahmed El Shamy, CEO of Majid Al Futtaim Properties, said: “As Egypt’s market continues to show strong growth and demand for world-class infrastructure, Junction is our response: a sustainable, forward-thinking environment designed to support long-term economic vitality and environmental stewardship.”
In December 2024, Majid Al Futtaim inaugurated a Supeco store in Egypt with investments exceeding EGP 36 million.
