As a lawyer, I would like to discuss the recent development of the Capital Dubai Mall in New Capital Egypt. This new mall is a prime example of the growing investment opportunities in Egypt, particularly in the commercial real estate sector.

The Capital Dubai Mall is a joint venture between the UAE-based Capital Group Properties and the Egyptian Ministry of Housing. The mall is set to become the largest shopping and entertainment destination in North Africa, covering an area of over 200,000 square meters. It will feature more than 600 retail stores, a movie theater, a kids’ entertainment zone, and a food court with international culinary offerings.

This massive investment in the Egyptian commercial real estate sector is a positive sign for the country’s economic growth. The development of the New Capital Egypt project aims to create a new administrative and business hub for Egypt, in which the Capital Dubai Mall plays a major role.

Moreover, this project is set to create thousands of jobs for the Egyptian people, from construction workers and engineers to retail staff and hospitality professionals. This is a crucial element of the government’s vision to improve the standard of living for Egyptians, particularly in light of the economic challenges brought about by the COVID-19 pandemic.

As a lawyer, I am encouraged by the growing investment opportunities in Egypt, particularly in the commercial real estate sector. Such investments play a vital role in boosting economic growth and development, creating much-needed job opportunities for the people of Egypt, and improving the overall quality of life in the country. I encourage investors to consider Egypt as a destination for their next commercial real estate project, and to work with local partners and government entities to ensure a smooth and successful investment experience.