Key Information About AVA Mina Group AVA Mina Group has operated in the Egyptian market since 1994,...
Key Information About AVA Mina Group
AVA Mina Group has operated in the Egyptian market since 1994, following a business path that began with housing and contracting before expanding into real estate development, manufacturing, agriculture, and trade. The group was founded by Ashraf Awad, Ehab Awad, and Nadia Habib, while Ashraf Awad serves as Chairman. Its experience is based not only on property sales but also on an operational and industrial foundation established before its current development activities.
AVA Mina Group completed 85 towers in Cairo by 2004 before announcing three main development projects: Oro New Capital, Inn Mall New Capital, and Oro Obour. The Oro project covers approximately 38 feddans and includes nearly 1,580 units. The group’s total capital and market value have not been disclosed, while the capital of its Olive Tree arm reached EGP 400,000,000 in 2020.
AVA Mina Group competes through practical experience connecting contracting, marble and granite manufacturing, and real estate development. When managed efficiently, this structure can reduce the gap between design and execution. A careful review also shows a clear distinction between projects owned by the group, contracting agreements, and specialised supply or installation works.
About AVA Mina Group
AVA Mina Group began operations in 1994 under the name AVA Mina Group for Housing and Contracting, with its headquarters located in Sheraton Heliopolis, Cairo. The group later expanded across several sectors, with an estimated workforce ranging from 501 to 1,000 employees. This diversification took place before the launch of its modern property developments in Obour City and the New Administrative Capital.
History and Development of AVA Mina Group
AVA Mina Group progressed through clear stages. Between 1994 and 2004, it focused on constructing residential towers in Cairo, reaching a declared portfolio of 85 towers. The group later expanded into manufacturing and regional operations before establishing Olive Tree Developments in 2020 with a declared capital of EGP 400,000,000. It then strengthened its portfolio with residential and commercial projects in East Cairo.
Vision and Mission of AVA Mina Group
AVA Mina Group follows a vision based on quality, integrity, sustainability, and continuous development, using its construction and industrial experience to deliver property products aligned with customer needs. This vision reflects an operational integration strategy rather than reliance on marketing campaigns alone. However, assessing the success of this approach requires disclosed data covering construction progress, handover dates, and post-operation project management.
- The group completed 85 towers across different areas of Cairo by 2004, reflecting the scale of its early construction experience in the capital.
- It participated in execution works at Al Masa Hotel, the Octagon, the Latin District in New Alamein, and four towers within the coastal city.
- The group expanded into the UAE, Qatar, Saudi Arabia, and Kuwait through contracting and the supply and installation of marble and granite in major developments.
- It established Olive Tree Developments in 2020 with a declared capital of EGP 400,000,000 to support its expansion into direct property development.
- The group’s leadership includes Ashraf Awad as Chairman, Ehab Awad as Vice Chairman, and four members from the next management generation.
- The group operates in development through AVA Mina Olive Tree and PFP, alongside other entities serving its contracting and manufacturing activities.
AVA Mina Group Projects
AVA Mina Group presents a direct development portfolio comprising three main announced projects, while the other names associated with the group relate to contracting, supply, or execution participation in Egypt and other regional markets.
- Oro Compound New Capital.
- N Mall New Capital.
- Oro Compound Obour City.
