Established in 2018, Akam Developments has rapidly redefined the Egyptian real estate market by uniting three industry giants with extensive experience in real estate development and construction across Egypt and the Middle East. Akam Developments embodies a powerful partnership between Residence Company, Banayat Company, and the Saudi-based Al Muhaid Holding—each bringing decades of expertise and a successful portfolio that spans residential, commercial, and governmental projects.

The Power Behind Akam Developments

1. Residence Company: Led by Essam Mansour, Residence Company has over 20 years of experience in the Egyptian real estate sector. Known for projects like Tulip Resort and Aroma Resort in Ain Sokhna, Residence Company has a strong presence in luxury and resort development.
2. Banayat Company: Owned by Idris Mohamed, Banayat has been a trusted name since 1986, originally operating under the name Dar Al Binaa Al Arabi. Known for constructing luxury hotels in the Red Sea, including Tivoli Hotel in Hurghada, Banayat also specializes in administrative and medical facilities in Shorouk and the Fifth Settlement, as well as exclusive mini-compounds in Shorouk.
3. Al Muhaid Holding Saudi Consulting: Headed by Eng. Saad Al Ghaithi, Al Muhaid Holding operates with over 25 branches globally. Known for its projects in Saudi Arabia, the company has delivered major projects for the Ministry of Housing, Ministry of Defense, King Faisal University, and King Saud University.

Expanding with Akam-Al Rajhi: Launching Dos North Coast Village

Recently, Akam Developments has expanded its footprint by partnering with Al Rajhi Saudi Group to establish Akam-Al Rajhi Company. This collaboration marks Akam’s ambitious entry into Egypt’s popular North Coast with the launch of Dos North Coast Village, a luxury resort project that offers an elevated coastal living experience.

Why Choose Akam Developments?

• Diverse Expertise and Proven Track Record: Akam Developments unites three renowned companies with expertise in luxury, residential, and commercial projects, providing clients with high-quality, reliable real estate solutions.
• Regional Reach and Experience: With successful projects in Egypt and Saudi Arabia, Akam leverages regional knowledge to deliver developments that meet the highest standards.
• Innovative Projects: Akam’s projects, including its new Dos North Coast Village, emphasize luxury, functionality, and unique design, catering to the needs of modern homeowners and investors.
• Strategic Partnerships: The recent collaboration with Al Rajhi Group demonstrates Akam’s commitment to expanding its portfolio with impactful, well-planned developments.
• Commitment to Quality and Community: Each Akam project is designed to provide more than just a property—it offers a complete lifestyle with a focus on community and sustainability.