Milestone Developments has announced a strategic partnership with ACE Moharram.Bakhoum, headed by Prof. Mourad Michel Bakhoum, to provide structural and electromechanical designs for its flagship project, The CORD Business Complex.
This collaboration aligns with Milestone Developments’ commitment to working with top-tier professionals and entities with proven expertise to ensure the project adheres to the highest standards of efficiency and quality.
Agreement Signed in the Presence of Senior Officials
The agreement was signed by Mr. Mohamed Fathy, CEO of Milestone Developments, and Prof. Mourad Michel Bakhoum, Vice Chairman of ACE Moharram.Bakhoum, with senior officials from both companies present at the event.
Mr. Mohamed Fathy expressed pride in this partnership, describing it as a continuation of a series of successful collaborations aimed at enhancing the investment value of The CORD Business Complex.
Expertise at the Core of the Collaboration
Fathy stated: “Excellence begins with choosing exceptional success partners with demonstrated expertise, which is why we chose to collaborate with ACE Moharram.Bakhoum. As one of the most renowned engineering consultancy firms in the real estate sector, their involvement represents a major milestone for our project. Milestone Developments remains dedicated to engaging leading consultants across all disciplines to ensure The CORD Business Complex meets the highest standards and secures its market position.”
The partnership includes developing structural designs and handling electromechanical systems such as electrical infrastructure, mechanical works, fire protection, and drainage systems, which are integral to enhancing the project’s overall quality.
Previous Agreements Bolster Project Excellence
Fathy noted that prior agreements had been signed with Raef Fahmi Architects to handle the project’s architectural designs and with Kerdany Advisory & Development (KAD), which provides services such as preparing tenant manuals for finishing and operations, managing commercial centers, and supervising service providers.
He highlighted how these partnerships with renowned names strengthen the company’s ability to deliver a landmark project that boosts the efficiency and appeal of the surrounding area.
Strategic Location for Maximum Impact
The CORD Business Complex is set across 5 feddans in a prime location overlooking the 26th of July Corridor, near Dolphin Mall, and just five minutes away from Mall of Arabia and Sheikh Zayed City. Milestone Developments strategically selects dynamic locations for its projects to achieve high occupancy rates and maximize return on investment for its clients.
Commitment to High Standards
Prof. Mourad Michel Bakhoum, Vice Chairman of ACE Moharram.Bakhoum, expressed pride in collaborating with Milestone Developments, stating: “We are honored to partner with Milestone Developments on this exceptional project and are committed to delivering the best engineering solutions to bring their vision of a pioneering development to life.”
Bakhoum emphasized that ACE Moharram.Bakhoum is selective in the projects and developers it associates with, following rigorous criteria, all of which are fully met by Milestone Developments and The CORD Business Complex.
Milestone Developments: A Saudi-Owned Real Estate Leader
Milestone Developments was founded by Sheikh Zoaar Bin Ayed Al Ajmi and Sheikh Mohammed Zoaar Al Ajmi, a member of the Egyptian-Saudi Business Council, along with Mr. Nagy Ismail, Vice Chairman.
Operating under the Areej Al-Khaleej Group umbrella in Saudi Arabia, the company is entirely Saudi-owned and has been a prominent player in the Saudi market since 1979 through subsidiaries such as Al Multaqa Real Estate Company and Areej Al-Khaleej car rental company, which operates 90 branches across the Kingdom.
The group also includes Mohamed Bin Zoaar Showrooms in Riyadh and other enterprises in various sectors.
