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New Damietta – February 24, 2025
In a move that reflects the calculated and ambitious expansion of ARX Development, the company announced the official launch of its new project “Bariq” one of its most prominent developments in Damietta Governorate, the project is located in the heart of New Damietta, spanning an area of 6 feddans in a uniquely strategic location.
A Fully Integrated Residential – Administrative – Commercial Compound with a Modern Architectural Vision
Dr. Saad Omar Opens Bariq Project Ceremony
Dr. Saad Omar, a member of the Board of Directors of ARX Development, delivered a speech at the beginning of the event, presenting the company's vision and ambition, the most notable statements from his speech include:
1-We appreciate and support the efforts of the Egyptian leadership for its international stance in supporting peace in the region and safeguarding the rights of nations.
2-We aim to become pioneers in real estate development within the next five years.
3-We are working to increase our exports of real estate products by 200% compared to last year.
4-We call on all developers in the Delta to consider exporting Egyptian real estate to attract foreign investments and support economic growth.
5-The Bariq project embodies our future vision in alignment with the state’s vision for sustainable real estate development.
High-Profile Attendance and a Joyful Atmosphere at Bariq Ceremony
A press conference was held on “Al-Nahar” channel along with an official ceremony to announce the project, attended by elite figures in the real estate sector, including:
1-The project’s architectural designer: Eng. Mohamed Talaat
2-Official spokesperson of “Raseel” operations management company: Eng. Mohamed Ashraf
3-The engineer who led a flexible panel discussion with a group of experts: Eng. Samir Assaf
4-Participating in the discussion, the consulting engineer: Eng. Ahmed Abdel Azim
5-The distinguished media presenter who hosted the event segments: Ms. Heba El-Ebasyry
6-The famous musical band that added an artistic and festive touch: Masar Egbari
Also in attendance were many prominent personalities, industry experts, and influencers from all governorates.
Leadership Statements on "Life Makers" Program on Al-Nahar Channel
Dr. Ahmed Omar, Chairman of ARX Development, stated:
“What we achieved in the first quarter reflects ARX’s vision in delivering outstanding real estate projects that align with market aspirations, the Bariq project was a major turning point, and we look forward to continuing this momentum in the coming period.”
Engineer Yasser Meshal, Vice Chairman and Managing Director, confirmed:
The “Bariq” project is a true embodiment of ARX’s expansion vision, which relies on innovation and professionalism.
He added: “At ARX, we continue to deliver projects that uphold values of innovation and quality, whether in the New Administrative Capital or other new cities, we believe Bariq will be a landmark in New Damietta, both for residential and commercial investment.”
Exclusive Discounts and Payment Plans Announced
The company also launched a variety of payment plans and special discounts to attract the widest range of clients:
1-Down payment starting from only 20%.
2-Installment plans extending up to 5 years with no interest.
3-Project delivery expected by 2028, with full commitment to the implementation schedule.
Key Statements from Engineer Mohamed Talaat
1-Eng. Mohamed Talaat clarified that the project aims to present an integrated residential community that combines luxury with sustainability.
2-He pointed out that the engineering design of the project reflects the precision and balance the Egyptian real estate market needs, focusing on delivering a comfortable and advanced residential environment.
3-The engineer affirmed that the project adopts a sustainability-driven design approach, making it a step toward the future of modern living.
4-He expressed his happiness in collaborating with ARX Development on this project, confirming that the partnership will contribute to delivering a distinguished project that meets customer aspirations.
5-He asserted that the project’s design has made it one of the most significant investment opportunities in the real estate sector, thus accelerating the sales process.
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Special Recognition and Awards for Success Partners
ARX Development extended its sincere thanks and appreciation to all its success partners, brokerage companies, and every individual who contributed to achieving this remarkable success, this was done through recognitions, gifts, and valuable awards, in a stunningly festive atmosphere that reflects ARX’s joy in its significant progress, especially in the first quarter of 2025.
The event also witnessed outstanding public attendance and concluded with a musical performance by the renowned band “Masar Egbari” which added a unique artistic and celebratory spirit to the launch.
