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Golden Pillars Development posts EGP 1.1 billion in sales since start of 2025

Businessmen Team economy 19 November 2025 10:24 PM
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Golden Pillars Development posts EGP 1.1 billion in sales since start of 2025

Golden Pillars Development recorded sales of EGP 1.1 billion from the beginning of 2025 until the end of October, according to Magdy Saad, Chairman of the Board.

Saad added that the company accelerated construction rates across its projects this year, with completed work doubling compared to the previous year. He noted that Golden Pillars Development plans to expand into projects emphasizing privacy and exclusivity, particularly in the medical and hospitality sectors, given their high investment value and the advanced technical expertise they require.

Ayman Mohamed, the company's CEO, explained that execution rates across the company’s projects are progressing faster than the established timelines.

He highlighted that Golden Pillars Development’s expansion is built on a broad track record of previous experience. The company’s founders participated in the development of around 70 projects in New Cairo, Sheikh Zayed, 6th of October City, and the New Administrative Capital. The company also has a notable presence in Oman, with projects in Muscat and Salalah. In addition, Golden Pillars Development is developing two projects in the Downtown MU23 area of the New Administrative Capital and has contributed to establishing and managing hotel projects and mixed-use buildings, including Sky Plaza Mall in Shorouk City.