Owning Company: Bin Laden Group, Saudi Arabia

Company Overview

The Bin Laden Group, a prominent Saudi conglomerate, is widely recognized as the largest construction company in the Arab world Including Egypt – New Cairo and ranks among the top five globally. Founded in 1931, the company initially started as a Saudi limited liability firm specializing in construction and real estate Units. Over the decades, it has grown substantially, thus becoming a major player in the industry. For instance, by 1989, the Bin Laden Group had officially restructured, significantly enhancing its global reach and influence.

Notable Projects

Early Milestones

In 1950, the company played a crucial role in expanding Al-Masjid an-Nabawi in Medina. This project, therefore, marked a significant milestone in the company’s history. Similarly, in 1955, the company undertook the expansion of Al-Masjid Al-Haram in Mecca. Notably, this was the first expansion of its kind in a millennium and was completed over a period of 20 years. Additionally, in 1964, the company restored the Dome of the Rock in Jerusalem following a fire. This project, consequently, demonstrated their expertise and commitment to preserving vital historical sites.

Post-1989 Achievements

In Saudi Arabia

Since its reformation in 1989, the Bin Laden Group has spearheaded numerous significant real estate projects within Saudi Arabia. For example, they developed extensive infrastructure networks, including highways connecting various cities and regions. Furthermore, they constructed the Hajj Terminal at King Abdulaziz International Airport. Notable projects include:

• King Abdullah University of Science and Technology
• King Saud University
• King Abdullah Economic City
• King Abdullah Financial District
• Jamarat Bridge

International Projects

Globally, the Bin Laden Group has also undertaken several significant projects. For instance:

• The American University of Sharjah
• Four Seasons Hotel in Jordan
• Legend Al Qusais Building
• Dome of the Rock, Jerusalem

Projects in Egypt (Since 1997)

In Egypt, the Bin Laden Group has executed numerous developments and renovations. For example:

• Algeria Compound in Sheikh Zayed
• Hayat Residence Compound in New Cairo
• Al Rehab Phases 1, 2, 3
• Marassi North Coast
• Al Rehab Club in New Cairo

Fifth Square Project Location

Strategic Positioning In Egypt

The Fifth Square project is strategically positioned between New Cairo and the New Administrative Capital. Specifically, it is located in the prestigious Golden Square area. This area, known for major Real Estate residential projects such as SODIC Villette, Palm Hills, Lake View, Mivida Emaar, and Galleria Moon Valley, benefits from its prime location. Additionally:

• It is just 2.7 km from Suez Road
• Approximately 20 minutes from Heliopolis
• Only 5 minutes from the American University in Cairo
• 900 meters from the Eastern Market, Gate 24, Al Rehab
• Around 10 minutes from Downtown and Cairo Festival City Mall (North 90th Street)

Project Area and Distribution

Fifth Square Site Details

Covering 158 acres, the Fifth Square project features an 850-meter frontage on a hill that rises between 6 and 12 meters. Consequently, it offers stunning views. The area is divided as follows:

• Residential Apartments: Specifically, 70% of the area consists of 217 buildings.
• Villas: Additionally, 30% of the area includes 171 villas and 87 blocks.

Load Distribution

Moreover, floors 2, 3, and 4 are designated for apartments, ensuring ample living space for residents.

Types of Real Estate

Fifth Square offers a diverse range of housing options to meet various needs:

• Apartments Units: Available in configurations of 1BED, 2BED, 3BED, and 4 & 5 Bedrooms with Penthouses. These apartments feature underground parking and span G + 3 levels (First, Second, Penthouse).
• Villas Units: The project includes standalone villas, twin houses, and townhouses. All units come fully finished with air conditioning.

Amenities

Fifth Square On-Site Facilities

Fifth Square provides a comprehensive range of amenities for residents:

• Clubhouses: Two clubhouses are available; one serves the apartment area (15,000 sqm) and the other serves the villa area (5,000 sqm).
• Lake Residence: These are fully furnished service apartments.
• Shopping Mall: Additionally, the project features a large mall, the second-largest in the Fifth Settlement, located just 600 meters away.
• Administrative Buildings: Moreover, there are three dedicated buildings for managing the Bin Laden Group’s operations.