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Around Town et

SKY AD. Participates In Nile Property Expo 2022

in KSA to Attract New Clients and Support Real

Estate Export through Offering Capital Avenue

Project with a competitive 10-Year Installment Plan

Sawiris Foundation

for Social Development

and ALEX-

BANK Organize the

First Art Exhibition

for Marginalized

Children at the

Townhouse Gallery

Developments, the subsidiary of Diamond Group, one of

the leading real estate developers in the UAE, has announced

the participation in the first version of Nile Property Expo,

which was held in The United Kingdom of Saudi Arabia this

February. This participation aimed to encourage Saudi Arabian

clients to buy in the company’s state-of-the-art commercial

project, Capital Avenue, located in the New Administrative

Capital as well as the remaining units of its residential project,

Residence Eight. This comes in light of SKY AD’s continuous

support to exporting Egyptian real estate and attracting new

clients leveraging the company’s reputation in the Gulf and

the integrated services the project provides.

SKY AD. Developments participated in the exhibition,

which was held in Riyadh, KSA from 17 to 19 February at

Crowne Plaza Riyadh RDC Hotel. The company will also

participate in the exhibition from 24 to 26 February at Jeddah

Hilton Hotel “Hilton Ballroom”. Stemming from the

company’s ultimate belief in the value of external exhibitions

to attain the expected sales for 2022 and attract new clients,

SKY AD. provides unique offers for clients with competitive

installment plans for up to 10 years.

Through Nile Property Expo, SKY AD. Developments

offers its clients its latest project, Capital Avenue, one of the

biggest commercial projects in the R8 area at The New Administrative

Capital. Spanning an area exceeding 21,000 m2

in a prime location in the R8 area overlooking the diplomatic

area from the east, and the Green River from the south near

the city center, “Capital Avenue” is characterized by distinctive

features that promote it to be the commercial hub of The

New Administrative Capital. The state-of-the-art design of the

project provides mixed-use buildings suitable for F&B, clinics,

retail, and administrative offices to meet clients’ needs. In

addition, the project has water features, a central promenade,

an outdoor café area, to provide an exceptional shopping and

entertainment experience to the New Capital residents and

visitors.

Besides the multiple entertainment facilities in the project,

Capital Avenue provides administrative offices of various

sizes to meet the growing demand in East Cairo, which is an

opportunity to attract the biggest foreign companies that are

on the hunt for administrative headquarters with integrated

designs and services in Egypt. Moreover, the company will

pump not less than EGP 300 million in the constructive

works of the project during 2022. The first units of the project

are planned to be delivered during the third quarter of 2025.

The Sawiris Foundation for Social Development (SFSD)

and ALEXBANK announced the organization of the first Art

Exhibition for Marginalized Children at the Townhouse Gallery,

in partnership with Al Ismaelia for Real Estate Investment and

UBUNTU Art Gallery. The exhibition aims to shed light and create

social awareness on vital issues facing marginalized children

in Egypt, while empowering them through art as a means of

creative expression and self-discovery. The opening of the exhibition

will take place on the 13th of February 2022 in a private

event, and it opens its doors to the public at the Townhouse

Gallery from the 14th till the 19th of February, 2022.

The exhibition is planned to showcase the outcome of 96

workshops in various fields of art; including painting and

macramé, in which 274 children are participating from different

institutions, such as Banati Foundation, Samusocial International,

Association for the Protection of the Environment “APE”,

Educate Me Foundation, the UNHCR and Save the Children

International.

Olivia Farhat, the exhibition organizer stated that “this

exhibition aims at raising social awareness on numerous vital

issues towards empowering marginalized children, integrating

them into society, and developing their creative sides.

We are proud of the results achieved by the children, and we

hope that this exhibition will help them realize their potential,

as well as encourage them to become active members of

their societies in the future”.

Eng. Noura Selim, Executive Director of SFSD, stated that

“SFSD’s focus on children is one of the main pillars of our

development plan, as empowering societies can only be achieved

through concrete empowerment of both mothers and children.

Therefore, the Foundation, in cooperation with its partners,

continually ensures that its contributions include a special

focus on developing children’s skills, as well as promoting and

instilling positive values through sports and art. This exhibition,

therefore, ties well into our vision and efforts to integrate and

empower marginalized children”.

Laila Hosny, Head of CSR & Sustainable at ALEXBANK,

added: “We are extremely happy to further expand our partnership

with Sawiris Foundation for Social Development, that

through addressing different social aspects, aims at contributing

to the communities where ALEXBANK operates. Among the

causes we both believe in, is children empowerment and raising

awareness on the importance of improving livelihoods of vulnerable

children, as well as providing them with quality health care,

solid education and future work opportunities. Recognizing this

is one of the priorities for the Egyptian Government too”.

The exhibition coincides with Sawiris Foundation’s 20th

anniversary.

FEBRUARY-MARCH 2022

93

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