Otis Partners With Tatweer Misr for Six Projects in Egypt

(l-r) Dr. Ahmed Shalaby, co-founder, president and CEO of Tatweer Misr and João Penedo, Otis senior vice president for Iberia, Africa and the Middle East, during the signing of the agreement; image courtesy of Otis

Tatweer Misr, one of Egypt’s leading real estate developers, has selected Otis to supply and install smart vertical mobility solutions across its urban communities. Tatweer Misr’s current engagement with Otis represents six projects and 1,250 elevators over six years. Since its establishment in 2014, Tatweer Misr has been at the forefront of real estate development in Egypt, continuously setting new benchmarks in urban development. The company is known for developing sustainable and smart urban communities. Through this collaboration, Tatweer Misr will integrate Otis’s Gen2® elevator systems into Tatweer Misr’s portfolio of six iconic projects that have established the company’s footprint across Egypt’s most strategic locations. These include the award-winning IL Monte Galala on the Red Sea; North Coast landmarks Fouka Bay, D-Bay and Salt; Bloomfields, a mixed-use, first-home community in Mostakbal City, East Cairo; and Rivers, an upscale residential development in West Cairo.

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