Rock Developments Launches Under the Umbrella of El Batal Group for Investment with Capital of EGP 6 Billion and Investments of EGP 10 Billion
Rock Developments announced today the official launch of its operations under the umbrella of El Batal Group for Investment, bringing together all its real estate projects in Egypt, Canada, and Saudi Arabia, with a capital of EGP 6 billion and total investments reaching EGP 10 billion.
The announcement was made during a grand celebration organized by the company, attended by its leadership, a large number of media representatives, journalists, and artists, to mark the launch of Rock Developments at Le Lac Du Caire Island. This historic venue witnessed the birth of a real estate entity rooted in El Batal Group for Investment, now set to continue its journey independently, driving further expansions.
Engineer Emad Doss, Founder of El Batal Group for Investment and Rock Developments, explained that launching this entity as the real estate arm of El Batal Group comes as part of a strategic plan focused on well-studied expansions both inside and outside Egypt.
He noted that Rock Developments has brought together all residential and commercial real estate projects in Egypt, Canada, and Saudi Arabia under the “Rock” brand in East and West Cairo, including Rock White in New Heliopolis, Rock Yard in Sheraton, Rock Eden in 6th of October City, Rock Capital in the New Administrative Capital, Rock Vera in New Cairo, Rock Gold Mall in New Cairo, and Rock Ville in Obour.
He continued: “The Rock series of projects in East and West Cairo began in 2016, with the goal of developing projects that blend authenticity with modernity. The concept of ‘ROCK’ comes from the rock itself—symbolizing strength, stability, durability, and continuity—which is exactly what the company strives to offer its clients.”
Doss revealed that Rock Developments owns more than 10 residential and commercial projects, currently home to around 7,000 families, with a target to reach 10,000 families soon.
During the event, he highlighted that El Batal Group specializes in investment and plans to expand across various sectors, including hospitality, healthcare services, and other upcoming investment ventures, leveraging over 45 years of experience in Egypt and abroad. El Batal Group was one of the first Egyptian companies to expand internationally, particularly into Canada, where it has developed a portfolio of distinguished projects.
He further stated that Rock Developments plans to launch new projects in 2025 with investments worth EGP 10 billion, starting with Rock Residence—a commercial-hospitality development on Al-Amal Axis in the New Administrative Capital—along with another commercial project on Bin Zayed Axis, two additional plots in the New Administrative Capital, and other developments to be announced soon. These initiatives align with the company’s broader expansion strategy targeting both the Egyptian and international markets in the coming period.
Source: Youm7