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AYOUBCO - a trusted name in the building and construction industry

Residential

The first residential building contract was secured by Engineer Ayoub in 1979. It was a 36 storey building on an area of 3,400 m2, located in Zamalek. The contract was valued at 10 million LE. The building was raised at the rate of a floor per week. This project was the stepping stone for some of the larger projects undertaken by Ayoubco in later years.

In 1980 the company was awarded the Maadi Gem project. It was a 38 storey building, consisting of triple linked towers, housing 324 apartments, a commercial centre and garages, on an area of 5,600 m2, with a total value of 15 million LE.

The Agha Khan project was similar to the Maadi Gem project. It stood poised over a most scenic view of the Nile and had a total value of 14 million LE.

Zamalek Tower Zamalek Tower
Maadi Gem Maadi Gem
Tawfik Tawfik
Obour Obour
Gisr El Suez Gisr El Suez

Following these initial successes in 1982, the Ministry of Defence gave the company new contracts for the construction of 23 residential buildings. Each consisted of 13 floors and housed 1,200 apartments. The project was Tawfik and was located in Nasr City. It allowed the company to prove its ability to create first grade civil engineering works, such as roadworks, external paving, sewage disposal and water services. The total value of the project was 21 million LE.

Later in the same year, Ayoubco was awarded several more contracts, which included the construction of phases one of Obour, El Shorta Towers, Al-Salam Towers, and the first phase of Moustafa Kamel. All these projects were high-rise residential buildings and included all the infrastructure and external services. The total value of these projects was 47 million LE.

More residential and tower projects quickly followed. In 1983, the company was awarded phase two of Moustafa Kamel, the Gisr El Suez project, and in 1984 – the Abou Keer project, for a combined value of 36 million LE.

That same year, Ayoubco also undertook the Maadi Star project, which consisted of two apartment blocks. One had 35 floors and the other – 30 floors, on a podium of four floors.

Maadi Star Maadi Star

Between 1986 and 1989, the company was awarded residential and tower projects for a total value of 129 million LE. Among these projects were the Ard El Golf, Ard El Golf Extension, the Manial Tower, which was a 40 storey building with super deluxe finishings, Moustafa Kamel phase three and four, Cairo 2000 and Sabaa. In 1994 Ayoubco undertook the Doha Maspiro residential tower next to the Ramses Hilton Hotel with a total value of 23 million LE.

In 1997 Ayoubco undertook the Stella Di Mare project, phases one and two, at a value of 180 million LE. This project consisted of the construction of a resort covering an area of almost two million m2. Situated on the Gulf of Suez, this resort complex includes 650 units (excursion villas, chalets, apartments and semi-attached villas), an entertainment centre, a full sports facility, and a health and beauty centre. In addition to an artificially constructed lagoon, the custom landscaping includes palm trees and special plants all designed to enhance the already beautiful vista.

The company undertook on a further touristic project located in Zaafarana – the Stella Sea View. This project has 1,400 chalets and villas and is valued at 120 million LE. The company also constructed the Khatatba Country Club, which has 700 villas and is valued at 100 million LE.

Another project is in Hurghada, called Orient Tours Village. It covers a total area of 500,000 m2, including 350 units (excursion villas and apartments), an entertainment centre, a full sports facility, and a health and beauty centre.

Orient Tours Village Orient Tours Village