ARDIC Developments is a joint-stock company established in 1998 with a total capital of EGP 500 million. Since its inception, ARDIC has been steadily expanding its presence in Egypt’s real estate market through strategic investments in high-value residential, commercial, and administrative projects. With nearly two decades of expertise in real estate investment, property development, and asset management, ARDIC has built a strong track record of success across its developments. The company’s approach to each new project is guided by a strategic vision, robust financial backing, and a fully integrated team of top-tier consultants and experts. ARDIC’s business strategy fosters a competitive environment by investing across key sectors, includingreal estate, industry, housing, and services. Through continuous innovation in architectural design and a diverse project portfolio, the company remains committed to elevating the standards of real estate development in Egypt.
We create innovative, sustainable, and people-centered communities that inspire better living. At ARDIC, we build lasting value through quality, integrity, and a forward-looking mindset.
To lead the transformation of the real estate industry in Egypt and the Middle East through visionary development, enduring trust, and meaningful impact.
” More than 20 years of continuous contribution to the real estate industry and the urban development of greater Cairo, we can proudly say that ARDIC is steadily growing into a distinguished player in the market. It is with honor that we at Ardic consider all the challenges that the market is facing and adapt to them to ensure we create communities that can last a lifetime. Throughout, these years managed to record solid achievements, made a strong comeback, with sincere gratitude to the investment landscape from the Egyptian government. ARDIC, seeks to complement the market’s success by delivering projects of the highest quality and continuing to invest in the market to leverage on the opportunities. ARDIC, hit on initiating a new development; simple yet magical with strategic vision, strong financial self-support, and a fully integrated team. With this mindset and strategy, we look forward to unlock new possibilities in the future of the market. “
Chairman and Shareholder
Dr. Samir Aref is the Founder and Shareholder of ARDIC – Developments, formerly known as “Al Asher for Development & Real Estate Investment.” Mr. Aref has overseen the development of numerous projects, including ZIZINIA residential complexes and commercial properties across strategic locations in Egypt such as Mazar Mall. Mr. Aref is a notable figure in Egypt’s business landscape, spanning decades of experience in industrial entrepreneurship and Real Estate management.
Eng. Tamer El Akkad is the CEO and Executive Director of ARDIC Developments. Eng. El Akkad is a highly accomplished and results-driven professional with over 20 years of experience in the real estate and construction industry. Eng. El Akkad has consistently demonstrated his ability to lead and direct operations, teams, and special projects with exceptional expertise and vision that drives success for ARDIC Developments under his guidance.
Chairman and Shareholder
Chief Executive Officer
Chief Commercial Officer
Chief Financial Officer
Chief Human Resources Officer
Financial Manager
Technical Director
Development Director
