Mercon Developments

Mercon Developments is a development company working in New Cairo, the North Coast and the New Administrative Capital, combining residential, commercial and hotel projects. West Capital lists five of its projects: Nurai Compound, VX Mall and Al Mamsha Mall in the Fifth Settlement, and Marsa village and Dayz village on the North Coast.

About Mercon

The company’s board is chaired by Ahmed Ambabi. Mercon announced Nurai in the Golden Square in the Fifth Settlement, on 16 feddans with investments of about EGP 10 billion across four phases, with around 80% of the area given to green and water landscapes. Its other projects include G7 in the Fifth Settlement and PAVO in the Financial and Business District of the New Administrative Capital. VX Mall extends over 33,600 square metres on North 90 Street. We have not confirmed the founding year because published figures differ, so we do not state it.

Mercon projects on West Capital

Marsa offers serviced apartments inside Marina 5, with delivery announced for December 2027. Dayz is a small seafront community in New Alamein, with delivery announced for January 2027. Browse projects in New Cairo and projects on the North Coast.

Mercon Developments FAQ

Who chairs Mercon Developments?

Its board is chaired by Ahmed Ambabi.

What are Mercon’s main projects?

Nurai, VX Mall and Al Mamsha Mall in the Fifth Settlement, Marsa and Dayz on the North Coast, plus G7 and PAVO.

What are the starting prices of Mercon’s projects?

Nurai from EGP 4.5 million, Marsa from EGP 9 million and Dayz from EGP 10 million, as of November 2026.

When is Nurai delivered?

Delivery is announced for the fourth quarter of 2028, and the project has been under construction since May 2025.

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