History
In the late 1990s, Egypt's government allocated approximately 700 acres (2.94 million m2) of land in New Cairo to Al-Futtaim. [1] Al-Futtaim formally announced plans for Cairo Festival City in the mid-2000s. [2] Construction officially began in 2008 and the complex was opened in 2010. [3] [4]
Residential and commercial phases, including Oriana Villas, Festival Living apartments, Aura residences, and the Business District office complex, were gradually completed between the late 2010s and early 2020s. [2]
In 2013, Cairo Festival City Mall was opened at Cairo Festival City, featuring Egypt's first IKEA store, a Carrefour hypermarket, and international retail brands. [5] [3] [6]
Over the years, Cairo Festival City has hosted concerts by musicians such as Angham, Faia Younan, Omar Khairat, Souad Massi. [7] [8] [9]
Facilities
Cairo Festival City is a mixed-use development covering approximately 3 million square meters, which includes residential, commercial, retail, hospitality, educational, and entertainment facilities. Residential areas within CFC include upscale villas in the Oriana neighborhood, as well as mid-rise apartment complexes such as Festival Living and Aura. [2] [4] The commercial zone consists of office buildings within the Business District, along with two additional office complexes known as Podium One and Podium Two. [2]
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