LMD, one of Egypt’s leading real estate developers specializing in integrated residential and commercial projects, has announced the signing of a new agreement with Philip Morris Misr (PMM) to relocate its Egypt headquarters to the One Ninety development in New Cairo.
The agreement highlights the growing confidence of multinational corporations in LMD’s flagship developments and reinforces the company’s vision of creating future-ready, connected business environments in Egypt.
The signing ceremony was held on Monday, April 27, at LMD’s headquarters in New Cairo, attended by Eng. Amr Sultan, Founder and CEO of LMD, and Aly Nevzat Karaman, Managing Director of Philip Morris Egypt & Levant.
Philip Morris Misr Joins One Ninety’s Business Quarter
The new headquarters of Philip Morris Misr will be located in the Business Quarter at One Ninety, a core component of the development designed to host global companies within a fully integrated business ecosystem.
This move further strengthens One Ninety’s position as a leading business destination in New Cairo, as demand continues to rise from multinational corporations seeking advanced infrastructure, modern architectural design, and comprehensive on-site amenities.
LMD: Building Future-Ready Business Communities
Eng. Amr Sultan emphasized that welcoming Philip Morris Misr marks a key milestone in LMD’s journey toward building integrated business communities aligned with international standards.
He added that LMD focuses not only on infrastructure development but also on delivering holistic work environments that foster innovation, productivity, and collaboration. The continued trust of global companies, he noted, confirms that LMD is successfully redefining the concept of business communities in Egypt.
Philip Morris: A Strategic Move Toward a Sustainable Future
Aly Nevzat Karaman, Managing Director of Philip Morris Egypt & Levant, stated that relocating the headquarters to One Ninety represents a strategic step in line with PMI’s transformation toward a smoke-free future.
He explained that the new location supports the company’s ambition to build a modern, sustainable, and agile working environment that enables collaboration, innovation, and operational efficiency.
Karaman also highlighted that One Ninety’s advanced infrastructure and strong sustainability standards make it an ideal platform for supporting PMI’s teams in Egypt.
Growing International Presence at One Ninety
The agreement builds on strong momentum already achieved at One Ninety, which has attracted several major international companies. These include PwC Middle East, which relocated its full operations to the development, as well as leading institutions such as the Arab African International Bank.
This diverse tenant mix reflects the project’s ability to accommodate multiple sectors within a unified, well-planned business environment.
A Sustainable and Integrated Business Environment
At the core of One Ninety lies the Business Quarter, which offers a comprehensive working environment featuring green spaces, leisure zones, and a wide range of services.
Sustainability remains a key priority, with design elements focused on energy efficiency and improved indoor air quality, fully aligned with international environmental standards.
One Ninety: A Landmark Mixed-Use Development in New Cairo
One Ninety is among the largest mixed-use developments in New Cairo, with investments exceeding $1 billion. Strategically located at the intersection of 90 Street and the Ring Road, and directly connected to the One Ninety Monorail Station, the project offers seamless connectivity across the city.
The development integrates office spaces, retail units, serviced residences, creative zones, landscaped parks, and a global hotel brand, creating a fully integrated environment for both business and lifestyle.
Strengthening Egypt’s Position as an Investment Hub
Through this partnership, LMD continues to attract leading global corporations and redefine modern work environments in Egypt. The company remains committed to delivering developments that support economic growth, innovation, and investment attractiveness, reinforcing Egypt’s position as a key regional hub for international business.
