Madinaty Explained

Madinaty
Settlement Type:suburb
Pushpin Map:Egypt
Pushpin Mapsize:300
Pushpin Map Caption:Location in Egypt
Subdivision Type:Country
Subdivision Name: Egypt
Subdivision Type1:Governorate
Subdivision Name1:Cairo Governorate
Timezone:EST
Utc Offset:+2
Coordinates:30.0917°N 31.6306°W

Madinaty (Arabic: مدينتى  pronounced as /mæˈdenti/, "My City") is an 8000 acre real estate development project, in the New Cairo satellite city,[1] in the Eastern Area of Cairo, Egypt.[2]

Overview

The project is developed by the Arab Company for Projects and Urban Development SAE, a subsidiary of the EGX listed Talaat Mostafa Group Holding which is ultimately majority owned by the Egyptian Talaat Mostafa and the Saudi Bin Laden families. The Master Planners are HHCP Design International, Inc. The landscape architects are the SWA group. Construction began in July 2006.

The contract by which the land was granted to the company was challenged in Egyptian courts. Egyptians were angered that the land had been sold below current market value to Talaat Mostafa Group during Mubarak's rule.[3]

Madinaty is being built over an area of 8000acres, with a total budget of .[4]

In 2016, around 3900 residential units were sold in Madinaty by the Ministry of Housing.[5]

Madinaty has wide streets and the city is designed in terms of sub-compounds where each sub-compound has its facilities in terms of supermarkets, a mosque, an outpatient clinic, and public parks for children to play in and families.

Madinaty has malls with various shops including restaurants like Open Air Mall, East Hub, Craft zone, The Strip, All Seasons Park. Another food court called South Park with dozens of restaurants such as McDonald's, Pizza Hut, KFC, Hardee's, and Chili's.

Madinaty has a large club with several pools, playgrounds, gym and clubhouse.

Infrastructure

Madinaty uses Advanced Metering Infrastructure for water and electricity distribution.

Climate

Köppen-Geiger climate classification system classifies its climate as hot desert (BWh)[6] as the rest of Egypt.

See also

Notes and References

  1. Web site: 2022-09-04 . Fact Sheet: Talaat Moustafa Group Holding . 2023-03-12 . Built Environment Observatory . en-US.
  2. Web site: Eastern Area . 2023-02-23 . www.cairo.gov.eg.
  3. Web site: Rios. Lorena. Egypt's Capital Mirage. Roads & Kingdoms. 19 May 2015 . 30 October 2016.
  4. http://www.alriyadh.com/2006/07/28/article175263.html جريدة الرياض : «مدينتي» أكبر مشروع عمراني في مصر بكلفة 60 مليار جنيه
  5. News: The Ministry of Housing Achieves a EGP 22.2 bn Profit in 2016. Invest Gate. December 29, 2016.
  6. Web site: Climate: Madinaty - Climate graph, Temperature graph, Climate table . Climate-Data.org . 2014-02-23 .