El Gouna Red Sea announced the launch of Najan, a new boutique village by Orascom Development Egypt. Under CEO Mohamed Amer's leadership, the project emphasizes community and connection. Delivery is expected within two years, allowing homeowners to move into a fully functioning town with established lifestyle and community amenities from day one.
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Shary's take: what it means for buyers and investors
Najan's launch signals continued growth in El Gouna as a leading Red Sea destination. This new boutique village may attract investors seeking integrated, move-in-ready communities in a mature resort area. The project could impact pricing and demand in the segment for buyers seeking established gated communities with day-one amenities.
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published 19 October 2026
