Al-Tameer Engineering and Consulting Company celebrates the launch of its giant project, Urban Business Lane (UBL), in New Cairo, next to the American University in Cairo, aiming to enhance the work environment and contribute to supporting the national economy.
Saad Al-Wazzan : “UBL redefines business complexes and strengthens New Cairo’s position as a global business hub in Egypt.”
Waly Dolaty :The project offers diverse spaces and flexible payment systems, making it an ideal destination for major companies and entrepreneurs.
In a strategic move aimed at transforming concepts of commercial and administrative development, Tameer Engineering and Consulting Company—one of the leading firms in Egypt’s real estate sector—has announced the launch of its new giant project, Urban Business Lane (UBL). This project is one of the largest investment business complexes in Egypt, spanning over 155,000 square meters in New Cairo. It is being developed with a modern vision and innovative philosophy that aligns with the current economic, real estate, and social developments in Egypt.
“UBL” is an integrated investment business complex and is distinguished as one of the important areas in the executive plan for the “UrbanWalk” project. The “UrbanWalk” project is a massive integrated initiative intended to serve as the “downtown” for the Fifth Settlement area and is one of the most prominent mixed-use projects currently under development in Egypt. The “UBL” project represents a new model for a modern work environment, designed to express a contemporary business concept known as “Work Beyond the Walls,” allowing flexible work options from either the office or open areas and gardens. This provides both local and international major companies with an advanced, integrated work environment that facilitates further development and opens new investment horizons to support the growth of the Egyptian economy.
“Urban Business Lane represents a new leap toward achieving Tameer’s ambitious vision to support the business community by offering a variety of innovative administrative and commercial solutions for large, small, and medium-sized enterprises (SMEs) and entrepreneurs,” said Al-Wazzan. The project features an innovative design that follows the concept of integrated offices equipped with modern services, with flexible office spaces starting from 63 square meters and reaching up to 12,000 square meters as an independent building. The project includes facilities similar to luxury hotels, which facilitate operations for small and medium enterprises and startups, creating an ideal work environment for large companies. This includes meeting rooms, server rooms, housekeeping services, and legal services, contributing to enhancing business efficiency and achieving aspirations.
UBL also boasts multiple outdoor spaces, with the ground floor featuring shopping outlets, restaurants, and cafes, alongside open areas equipped with natural shade. There is a 60,000-square-meter garden work environment, picturesque outdoor work areas, and shared facilities including waiting areas, shared kitchens, meeting rooms, and receptions on every floor. It is also conveniently located near services, adjacent to monorail stations and a variety of residential, commercial, and recreational activities, with flexible payment systems extending up to 7 years, making it an ideal destination for companies seeking a comprehensive work environment.
Saad Al-Wazzan, Chairman of Tameer, expressed pride in launching UBL, which aims to shift traditional concepts around investment business complexes. He noted, “This project is not just an administrative and commercial complex; it is a comprehensive work environment designed to support both local and international business communities. It features a unique identity, where buildings are not merely static structures but reflect a concept of movement in their design. Walking through the pedestrian paths within the project is like visiting a real city inspired by the West, blended with the flavors of beloved neighborhoods like Maadi, Zamalek, and Garden City. This reflects Tameer’s commitment to applying the highest standards of quality and innovation.”
Waly Dolaty, Vice Chairman of Tameer, emphasized that the company has collaborated with top global firms, including ARCHITECTURE STUDIO, the French company known for designing major international projects like the European Parliament building in Strasbourg, the Arab World Institute in Paris, the Natural History Museum in China, and the Nouvel Acacia Tower, the first low-carbon tower in the La Défense business district in Paris, as well as the National Theater in Bahrain. This collaboration ensures the project is designed and executed according to the latest future construction standards, making it a destination that combines recreational and practical aspects to create an integrated and environmentally friendly work environment that adheres to the highest global quality standards.
To enhance Tameer’s vision of delivering projects that reflect the finest global standards, the company has entrusted the landscaping design of the Urban Walk project to Gillespies, a leading global firm in landscape design. Gillespies has extensive experience in developing distinguished projects through design, such as One Hyde Park in London, one of the city’s most prestigious residential and commercial projects, and the Google Headquarters in London, a major modern tech hub, as well as the Louvre Museum Garden in Abu Dhabi. Solidere S.A.L. also prepared the master plan for the Urban Walk project, known for its standout projects, including the exceptional redevelopment of downtown Beirut, making it one of the most prominent and beautiful destinations in the Arab world. The collaboration between global expertise and Tameer’s forward-thinking vision underscores its commitment to providing an innovative and quality work and living environment.
For his part, Mohamed Younis, the head of the commercial sector at Tameer , stated that the “UBL” project has multiple advantages that make it an ideal destination for major companies and entrepreneurs. He explained, “The project offers a modern work environment that meets the aspirations of various investment and commercial sectors. It combines carefully and precisely designed administrative and commercial spaces according to an innovative philosophy, making it the perfect choice for companies of all sizes.”
He added, “The project enjoys a strategic location in the heart of New Cairo, next to the ‘Azad’ project, one of the exceptional residential communities owned by Tameer. This represents one of the key milestones in the last five years of the company’s history. It is also close to the American University and just 20 minutes from the New Administrative Capital and 15 minutes from Cairo International Airport, as well as many vital destinations for businesspeople. The total area of the project reaches 155,000 square meters. The project also includes special car areas that can accommodate more than 3,000 cars, enhancing the comfort of clients and visitors.’
. The project includes dedicated parking areas for over 3,000 cars, enhancing convenience for clients and visitors.
Mohamed Younis concluded by saying, “The ‘UBL project sets a new standard for business complexes in the Egyptian market, combining excellence in design with high functionality. It plays a significant role in redefining the business landscape not just in Cairo, but throughout Egypt and the region by establishing the concept of ‘Work Beyond The Walls,’ making it an ideal choice for all companies and entrepreneurs.”
The Engineering and Consulting Company, known as “Tameer,” is one of the leading firms in the Egyptian real estate sector, with a portfolio of projects that have significantly shaped the real estate market in Egypt. Established in 1954 with a capital of 5.5 million pounds, the company began as a partnership between the Egyptian government, banks, and insurance companies, which enabled it to achieve successes from its inception and place it on a path of leadership in the market.
The company’s listing on the Egyptian Stock Exchange in 1996 marked a strategic turning point in its journey, allowing it to expand and enhance its competitiveness. With a company restructuring and majority ownership by investors, Tameer was able to strengthen its strategies and broaden its portfolio of real estate projects to meet the evolving market needs.
Among the notable projects developed by the company are famous residential neighborhoods such as Maadi, Sheraton, and the Embassies District, in addition to significant projects like Maryland Housing and the luxurious Oberoi Hotel (currently Mövenpick) in Aswan. The company also distinguished itself by developing service and sports projects, such as the social building for Al Ahly Club in Zamalek, Shams Club in Heliopolis, and Zamalek Club. Tameer has delivered over 28,000 residential and commercial units, reflecting its impact on the Egyptian real estate market. Tameer’s units accommodate 112,000 residents, equivalent to the population of Luxembourg, and three times that of Monaco.
Tameer’s achievements have not been limited to the Egyptian market; they have also extended to Arab and African countries such as Libya, Syria, Saudi Arabia, and Niger, where they have developed distinguished projects that contributed to the advancement of the real estate sector in those countries. Through these projects, the company has been able to apply its diverse expertise in planning and real estate development, addressing the needs of these changing markets. Furthermore, this international expansion has helped the company transfer knowledge and innovation from the Egyptian market to others.
Tameer has successfully provided services to three generations of clients, reflecting its ability to continuously achieve excellence and high quality in its projects. This achievement highlights the company’s strength in adapting to the rapid changes in the real estate market.
Tameer continues to realize its vision, remaining one of the key companies that have shaped and continue to contribute to the growth of the Egyptian real estate sector, committed to delivering innovative projects that align with global trends in real estate.
