Pyramids Developments Begins Constructing 4th Mall in NAC 

Egypt-based Pyramids Developments began on July 10 construction works at its fourth commercial project in the New Administrative Capital (NAC), dubbed “Paris Mall,” at an investment value of EGP 2 bn, Invest-Gate reports. 

Paris Mall is slated to be the biggest mall in the new capital, stretching over 23,600 square meters, Chairman of Pyramids Developments Hesham Elkhouly said during a recent site visit. 

It will comprise commercial, administrative, and medical units, with spaces starting at 18 square meters, which will be offered at a 0% downpayment and payment plans reaching up to 15 years, Elkholy uncovered.

The chairman noted that Pyramids Developments is a key developer in the establishment and management of premium commercial centers as well as residential compounds, particularly in NAC. 

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