Shalaby Group for Investment and WellSpring Egypt announced a partnership to launch and manage a sports and social club on a sprawling 25 acres of land in a premium location in New Cairo, Third settlement. The club will be designed and built according to the best known measures to serve the family as a whole and sports enthusiasts specifically.
Shalaby Group for investment, established 1986, is considered one of the prestigious entities across the Egyptian real-estate sector and has successfully completed many projects including Bianchi-Sidi Abdel Rahman and Sun City Gardens in New Cairo.
Shalaby Investment Group will partner with WellSpring Egypt, a market leader in sports camps, youth programs, and family activities since 2009. This partnership embodies a common ethos and vision to empower the new generation on the social, athletic, and professional fronts.
An investment of over 1 billion EGP has been allocated to establish and manage the club facility, located at Third Settlement of New Cairo directly on Mohamed Naguib Axis and connecting both Ain Sokhna and Suez highways. The goal is to offer cutting edge services, fully equipped facilities, innovative athletic programs and qualified coaches to the Egyptian family with all its members; kids, youth, and parents.
Medhat Shalaby, Chairman of Shalaby Group for Investment, established 1986, stated “We are putting together over 100 years of various experiences and professional backgrounds, and a great