Is a group of specialized companies operate the business of real estate investment, tourism development and construction with an issued capital of 1 billion and 700 million Egyptian pounds. The Group was incorporated by Mr. Mohammed Mustafa Metawee in 1998 for the purpose of implementing residential, commercial and administrative projects with integrated services. The group has 250 employees, as well as part time and on short term basis staff. Besides, Metawee depends on a professional team of administrators and engineers experienced in choosing the best geographical sites, as well as the planning and implementation of projects using the most advanced technologies and modern construction methods, while ensuring better utilization of space and quality designs.
Metawee has directed its investments towards the Fifth Settlement, being a luxurious district that attracts Metawee’s targeted class with a purchasing power ranging between EGP 600.000 and EGP 2.000.000. In addition, this district is new and has a high growth rate. Thanks to Metawee’s success in delivering several projects in this district, the customers’ trust it gained and its good reputation based on the hard work and commitment to standards, contracts and delivery before the agreed completion date, Metawee has launched several projects in the Fifth Settlement. These projects include; Sky View Mini Compound, Sky View Premier Tower and Headquarters Business, a comprehensive administrative and commercial project, as well as Blue Blue, a tourism and entertainment project in a distinct area at Ain Sokhna and LaVida residential compound in New Heliopolis.
Next steps include targeting expansion of investments to cover the 6th of October city and Sheikh Zayed and to be accessed by a wider segment of customers. It also targets the North Coast area through development of unique tourist and entertainment projects. In addition, Metawee is planning to establish new partnerships by merging into other companies to make benefit from the investment opportunities currently offered by the Egyptian Government through the Urban Communities Authority and the Tourism Development Authority in order to push forward investment and development sectors.