Key Information About NCB Developments NCB Developments resulted from an Egyptian-Kuwaiti alliance...
Key Information About NCB Developments
NCB Developments resulted from an Egyptian-Kuwaiti alliance between companies working in real estate development, contracting, and engineering solutions, giving the company access to experience that extends beyond the age of the entity itself. The company is led by Dr Gerges El Lawendy, while its announced portfolio appears across New Cairo, the New Administrative Capital, and New Alamein. The company’s strength is linked to the diversity of the alliance partners rather than relying on the experience of a single developer.
The known portfolio includes four projects clearly developed under the company’s name, alongside participation in the Latin District in New Alamein, the Intelligence Compound, and Cambridge Egypt School in the New Administrative Capital. No disclosed capital value or market valuation is available for NCB Developments, while Dar Al Benaa, one of the participating entities, has reported investments of around EGP 150 million. The available figures therefore relate to different parties and should not all be treated as direct financial figures for NCB Developments.
NCB Developments operates across several property sectors, from residential to commercial, administrative, and educational projects, with contracting and engineering expertise forming a clear part of the partnership structure. This approach gives the company flexibility in selecting project types and locations, but a fair comparison with competitors requires separating projects developed directly by NCB from work previously executed by its partners.
About NCB Developments
NCB Developments was formed through Egyptian-Kuwaiti cooperation between entities with different records in construction and real estate development. The company’s exact founding year is not stated in the available information, so figures such as 25 years or 50 years cannot be linked directly to the age of NCB Developments. These figures instead refer to the experience of the company’s owners or some of the entities participating in the alliance.
History of NCB Developments and Its Journey
NCB Developments began its announced presence in the New Administrative Capital through Verity Business Tower, followed by Inno View Mall as its second project there. The company later expanded into New Cairo through Valencia Valley and Valencia Hub. Precise launch dates for each stage are not provided in the available information. The portfolio shows a clearer move from commercial and administrative developments towards residential development with Valencia Valley.
Vision and Mission of NCB Developments
NCB Developments focuses its vision on creating modern projects based on planning, design, quality, and mixed uses, while seeking to deliver additional value to clients and expand within Egypt and the Middle East. This direction is linked to values repeatedly associated with the company, including honesty, transparency, and the use of its partners’ experience. Its development philosophy centres on combining execution expertise with real estate development.
- The company has built an announced portfolio of four main projects under its name in New Cairo and the New Administrative Capital, a figure that can be supported by the available information without adding unspecified projects or attributing its partners’ work directly to NCB.
- The company or its partners participated in work connected to the Latin District in New Alamein, the Intelligence Compound, and Cambridge Egypt School, expanding the execution record while requiring a clear distinction between construction participation and direct real estate development.
- The company benefits from the experience of partners that have completed numerous projects, including Concrete with around 25 projects in New Cairo and Dar Al Benaa with around 50 projects, alongside approximately 50 years of experience attributed to Guide.
NCB Developments Projects
NCB Developments has a known portfolio of four main projects listed by name across New Cairo and the New Administrative Capital, with a clear mix of residential, commercial, and administrative developments and an expansion path covering more than one real estate sector.
- Valencia Valley Compound New Cairo.
- Inno View Mall New Capital.
- Verity Business Tower New Capital.
- Valencia Hub Mall New Cairo.
