VIE Communities debuts in Egypt with EGP 150bn New Cairo projects
VIE Communities, a newly formed Egyptian-Emirati real estate alliance, has officially launched in Egypt with plans to develop two landmark projects in New Cairo, representing combined investments exceeding EGP 150bn. The partnership brings together Future of Egypt for Investment and Development, Glamour Jewellery, and UAE-based Damas Real Estate. The first project, Vie Collective, is a […] The post VIE Communities debuts in Egypt with EGP 150bn New Cairo projects first appeared on Dailynewsegypt.
Black News 
VIE Communities, a newly formed Egyptian-Emirati real estate alliance, has officially launched in Egypt with plans to develop two landmark projects in New Cairo, representing combined investments exceeding EGP 150bn.
The partnership brings together Future of Egypt for Investment and Development, Glamour Jewellery, and UAE-based Damas Real Estate.
The first project, Vie Collective, is a mixed-use development strategically located on the Middle Ring Road in New Cairo. Spanning 186 feddans, it will integrate residential, commercial, administrative, and hospitality components. The residential offering will include villas, twin houses, townhouses, duplexes, and apartments. Investments in Vie Collective are projected to surpass EGP 100bn, with targeted sales exceeding EGP 200bn.
The second project, Vie Halo, is being developed in partnership with Nations of the Sky within the Zomra East development in New Cairo. Designed as a mixed-use investment destination, Vie Halo will feature commercial, administrative, hospitality, medical, and social club facilities. Investments are estimated at more than EGP 50bn, with targeted sales expected to exceed EGP 90bn.
Tamer Abdel Shafi, Chairman of VIE Communities, said the alliance reflects deepening Egyptian-Emirati cooperation in real estate and aims to deliver projects that capture long-term growth opportunities in Egypt’s market. Vice Chairman Tarek Soliman emphasized that the developments are tailored to evolving demand, combining residential, commercial, and investment components.
CEO and board member Haitham Samir noted that the company’s strategy centers on integrated urban developments built around sustainability, long-term planning, and diversified real estate products.
The board also includes Tawhid Abdullah, Saeed Ghanem Al Suwaidi, and Tamer Nabil.
VIE Communities said the launch underscores continued investor confidence in Egypt’s real estate sector, particularly in East Cairo and mixed-use developments.
The post VIE Communities debuts in Egypt with EGP 150bn New Cairo projects first appeared on Dailynewsegypt.
