MAG appoints Ahmed Mamdouh as CCO to drive growth strategy

  • Methaq Arab Group (MAG) has appointed Ahmed Mamdouh as its Chief Commercial Officer (CCO), marking a strategic step to further strengthen the company's commercial leadership and support its ambitious expansion plans. 
    The appointment comes as the MAG continues to advance La Reva Signature Residence, its flagship luxury residential development in Egypt's New Capital.
    Mamdouh brings more than 12 years of experience in real estate sector, with a proven track record in commercial strategy, sales leadership, and business development across both the Egyptian and UAE markets. 
    Throughout his career, he has led high-performing commercial teams, driven sustained sales growth, and played a key role in the successful commercialization of several major real estate developments, making him well positioned to support the company's next phase of growth.
    Over the course of his career, Mamdouh has been instrumental in designing and executing high-impact commercial strategies that have driven sustained business growth and delivered outstanding sales performance. In 2025 alone, he led commercial teams to generate more than EGP 4bn in sales, reflecting his strong leadership capabilities and proven track record in maximizing commercial performance.
    He brings extensive expertise across the full commercial spectrum, including sales strategy, business development, market intelligence, customer acquisition, and commercial planning. His experience spans Egypt's most prominent real estate destinations—the New Capital, New Cairo, and 6th of October City—as well as the UAE market.
    Known for his strategic mindset and results-driven leadership, Mamdouh has a strong track record of building high-performing commercial organizations and scalable sales platforms that support sustainable growth, strengthen market positioning, and create long-term value, aligning with MAG's ambitious growth agenda.
    Commenting on his appointment, Ahmed Mamdouh said that joining MAG represents an exciting new chapter in his career, highlighting the company's ambitious vision and its commitment to delivering exceptional real estate developments. 
    He described La Reva Signature Residence as one of the standout luxury residential projects in Egypt's New Capital, with strong potential to redefine premium living in the market.
    Mamdouh added that the Group is targeting EGP 3bn in contracted sales by the end of 2026, driven by a comprehensive commercial strategy focused on accelerating sales, expanding the customer base, and enhancing the project's market positioning. 
    He noted that this strategy is underpinned by a high-quality product offering and a diversified portfolio of solutions designed to meet the evolving needs of both homebuyers and investors.
    Mamdouh noted that Methaq Arab Group is set to unveil a new, limited-release phase at La Reva Signature Residence, offering exclusive launch prices and a range of competitive incentives aimed at maximizing value for both investors and end users seeking premium opportunities in New Capital.
    He explained that the newly released units occupy one of the project's most sought-after locations, directly overlooking the development's hospitality component. This distinctive setting enhances their long-term investment potential while reinforcing their appeal amid the sustained growth and rising demand for high-quality residential developments in New Capital.
    He added that La Reva Signature Residence offers a diverse range of residential units and layouts designed to meet the evolving needs of different customer segments, from conventional apartments to premium formats such as Sky Villas and Ground Villas, providing buyers with flexible lifestyle and investment options tailored to their preferences.
    MAG’s CCO pointed out that Egypt’s real estate market—and New Capital in particular—continues to rank among the country's most attractive investment destinations, supported by unprecedented urban development and world-class infrastructure. 
    He further explained that the current market presents an ideal opportunity for investors and homebuyers to secure a high-quality real estate asset with strong long-term growth and value appreciation potential.
    Concluding his remarks, Mamdouh reaffirmed MAG's commitment to strengthening its position in Egypt's real estate market by delivering developments that create lasting value. Additionally, the company will continue to build on its professional commercial platform to deliver an exceptional customer experience, foster long-term trust, and reinforce the strength of the MAG brand.

     

     

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