Al Morshedy stated that the Zamalek Tower development project will significantly contribute to the area's revitalization. The group plans to redevelop the 50+ story tower into a luxury hotel and residential complex.
Morshedy Group's portfolio includes several other projects, such as Skyline, a 200,000 square meter development in Katameya, and One Katameya, a mixed-use complex comprised of 8 administrative and commercial buildings and 30 residential buildings, offering 3,966 residential units. The group also owns the Zahra project in New Alamein City, located at kilometer 124 on the North Coast.