Al-Futtaim To Complete Cairo Festival City’s Mall Next June

Al-Futtaim Group plans to complete the establishment of the mall in its new project ‘Cairo Festival City’ next June in which the investment cost amounts to around EGP 3.5 billion, said the General Manager Mohamed El Mikawi.

In an exclusive statement to ‘Amwal Al Ghad’, El Mikawi stated that the mall is one of the Cairo Festival City’s Phase I projects .

“Al-Futtaim Group is targeting obtaining all the necessary licenses within the coming period so as to carry out the Cairo Festival City’s Phase II which will include administrative buildings” El Mikawi added

Meanwhile, Al-Futtaim Group has completed the establishment of an electricity plant to support its project in New Cairo, the Cairo Festival City.

Spanning 3 million square metres, Cairo Festival City is a visionary mixed use urban community, strategically located just 15 minutes from Cairo International Airport on the Ring Road and near the districts of Maadi to the south and Heliopolis, Nasr City, Mokattam to the west.

Cairo Festival City is being designed by the internationally renowned firms of Callison, WATG and 5+DESIGN. Cairo Festival City features a premier indoor-outdoor retail and entertainment resort combined with spectacular luxury residential communities (Villas and Apartments), prime office spaces, internationally renowned hotels and an automotive park all set within a beautifully landscaped environment.

Cairo festival City will be a state-of-the-art super regional centre and retail showcase in Greater Cairo and Egypt’s premier indoor outdoor, shopping, dining and entertainment destination.