Q Developments held its annual event 2025 at a high end hotel in Cairo to celebrate the company’s achievements over the past year, recognize its team members and success partners, and announce its recent accomplishments, future investment plans, sales and expansion targets for the upcoming year.
The event was attended by Eng. Ahmed Thabet, CEO of Q Developments, along with the company’s board members and key stakeholders, including Sherif Helew, Hisham El-Danasoury, and Mohamed Farag.
The ceremony included handing out awards recognizing leadership, creativity, innovation, efficiency, and dedication to work.
These honors were presented to employees who demonstrated exceptional performance and contributed significantly to the company’s success over the past year. Special awards were also given to top sales achievers and outstanding performers across various departments.
Following the award distribution, a selected group of employees—nominated by their managers and colleagues—were called to the stage. Sherif Helew, the main shareholder and board member, alongside Eng. Ahmed Thabet, announced that these employees would receive an all-expenses-paid Umrah trip with the company’s management, and for non-Muslim employees or those unable to attend, a monetary equivalent of the trip was offered.
Helew added that he aims for the Umrah journey to take place during the upcoming Ramadan, emphasizing that this reward reflects Q Development’s philosophy of offering the best possible benefits to its employees, clients, and success partners.
In his speech, Sherif Helew highlighted his extensive 25-year journey in the real estate sector.
He shared how he started as a real estate broker and grew to establish a group of successful companies in the fields of development, construction, and contracting.
Helew described Q Developments as the youngest of his ventures, created to cater to a market segment representing 40% of Egypt’s purchasing power.
He affirmed that Q was founded to provide high-quality real estate products at competitive pricing and flexible payment plans, successfully establishing its presence in a dynamic market with varying property offerings.
Addressing the team, Helew expressed his confidence in their continued efforts, emphasizing that the company now has active projects on the ground and is planning further expansions that will enhance and diversify its portfolio.
Eng. Ahmed Thabet, CEO of Q Developments, welcomed all attendees, including the company’s team members and success partners.
He highlighted the company’s rapid progress since its establishment in April 2023. Q launched its first project, “Q North” in Sidi Abdelrahman, in July 2023, followed by the groundbreaking of its second project, “Q San Stefano” in Alexandria’s prime location in December 2023.
In March 2024, Q signed agreements with global Partners, including Crystal Lagoons for waterfront development within “Q North” and Accor Hotels to manage the project’s hotel under the “Novotel” brand—marking the brand’s debut in Egypt’s North Coast.
Later, in November 2024, Q announced its first project in New Zayed, “Q Hills,” during a press conference. This was followed by the early delivery of “Q San Stefano” in December 2024.
As of January 2025, construction at “Q North” remains ahead of schedule, with over 3,000 working hours completed, 45% of the first phase’s concrete structure finished, 40% of foundation waterproofing completed, 35% of masonry work done, and 25% of plastering work finalized. This accelerated progress positions the company to deliver fully furnished and finished units to customers ahead of schedule.
Eng. Ahmed Thabet concluded by revealing that Q Developments now holds a land portfolio of 260 acres in the North Coast and New Zayed. The company’s investments have reached EGP 22 billion to date, with plans to increase by an additional EGP 12 billion in the upcoming years. He also announced that Q is taking serious steps to expand into Gulf markets through upcoming projects and partnerships that will be unveiled soon.
