Manara Developments

0 Active Project · Founded 2019

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ABOUT THE DEVELOPER

About the Developer

Manara Developments, also known in Arabic as شركة المنارة للتنمية السياحية, is an Egyptian coastal and tourism real estate developer launched in 2019. The company focuses on Ain Sokhna and Galala City, with a portfolio that includes Bella Vento Galala, Bella Romance, Bella East, and a recent development partnership within Carnelia Galala.

Manara became visible in the market through Bella Vento Galala, a 65-feddan coastal project in Galala City. The company’s official positioning centers on direct seafront locations, coastal living, hotel-style services, and leisure-led communities. No verified public total is available for delivered units as of May 2026, so this profile does not assign a delivered-units figure to the company.

Manara Developments History

Manara Developments began operating in the Egyptian market in late 2019, according to published statements by Mahmoud Omar, the company’s managing director. The company was formed by a business alliance that included Mahmoud Omar, Eng. Ahmed Omar, chairman of La Sirena Tourism Group, Eng. Mohamed Ali, head of Archrete Engineering Consultancy, with contributions from Eng. Hassan Ammara and Mohamed Youssef.

The company’s early activity centered on a 65-feddan land plot in Galala City for the Bella Vento project, with approvals from tourism-development and land authorities. This shows that Manara’s core identity has been linked to tourism and coastal development from the start, rather than conventional inner-city residential projects.

  • 2019: Manara started operations in Egypt and began preparing Bella Vento Galala.
  • 2021: Bella Vento was announced with around EGP 4 bn in investments over 65 feddans.
  • 2022: Construction progress at Bella Vento was reported at 70% across four phases.
  • 2024: Manara showcased three Ain Sokhna projects with investments exceeding EGP 10 bn in regional exhibitions.
  • 2026: Manara signed a strategic partnership with Ajna Developments to develop Phase Four of Carnelia in Galala.

Key Manara Developments Projects

Manara’s portfolio is concentrated in Ain Sokhna and Galala, destinations that combine Red Sea resort use with relatively quick access from Cairo and the New Administrative Capital.

Galala and Ain Sokhna Projects

  • Bella Vento Galala — the company’s flagship Galala project, spanning 65 feddans with a 400-meter beachfront, chalets, villas, leisure facilities, and tourism services.
  • Bella Romance — a coastal project in the Zaafarana/Ain Sokhna area, listed by Manara among its coastal developments and described in 2026 reporting as extending over about 35 feddans.
  • Bella East — a Galala coastal project with chalet units and hotel-style services, listed by Invest-Gate among Manara’s Ain Sokhna projects.
  • Carnelia Phase Four — a development and marketing partnership with Ajna Developments for a new phase within Carnelia Galala.

This concentration positions Manara as a tourism and coastal specialist rather than a general-purpose developer active across every property segment in Egypt.

Manara Developments in Numbers

The best available figures for Manara come from project announcements and press interviews. The following data is supported by public sources:

Launch year2019
Delivered unitsNo verified public total is available as of May 2026
Bella Vento area65 feddans in Galala City
Bella Vento beachfrontAbout 400 meters
Bella Vento announced investments in 2021About EGP 4 bn
Bella Vento total units reported in 2022About 1,200 units within the project
Projects showcased in 2024Bella Vento, Bella East, and Bella Romance with investments exceeding EGP 10 bn
Published contact locationNew Cairo, 90th Street, Plot 318, Office 202, Second Sector

These numbers describe projects and phases, not a company-wide delivered-unit total. For that reason, the delivered-units field remains blank.

Vision and Business Focus

Manara’s vision focuses on coastal development, direct access to the sea, and resort-style communities with year-round usability. Its projects benefit from Galala and Ain Sokhna’s proximity to Cairo and the New Administrative Capital while still offering Red Sea resort settings.

  • Coastal tourism development: chalets, villas, hotels, and leisure-led destinations in Galala and Ain Sokhna.
  • Service-rich communities: social clubs, hotels, restaurants, cafés, green spaces, water features, and retail services.
  • Development partnerships: cooperation with other developers, including Ajna Developments, to execute phases inside larger master-planned projects.

The company is backed by founders with backgrounds in tourism, engineering consultancy, and real estate development, which helps explain its focus on design-led coastal destinations.

Recent Developments

In November 2024, Invest-Gate reported that Manara Developments would participate in real estate exhibitions in Dubai, Abu Dhabi, and Jeddah, showcasing three Ain Sokhna projects with investments exceeding EGP 10 bn: Bella Vento, Bella East, and Bella Romance. The company also highlighted ready-for-occupancy units as part of its sales strategy.

In May 2026, Invest-Gate reported a strategic partnership between Ajna Developments and Manara to develop Phase Four of Carnelia in Galala City. Under the agreement, Manara is responsible for developing and marketing a phase spanning more than 150,000 sqm, or about 35 feddans, with 389 units and targeted sales of around EGP 5 bn.

FAQ About Manara Developments

When was Manara Developments founded?

Manara Developments began operating in Egypt in 2019.

What is the Arabic name of Manara Developments?

The company is known in Arabic as شركة المنارة للتنمية السياحية.

What are Manara Developments’ main projects?

Key projects include Bella Vento Galala, Bella Romance, Bella East, and Manara’s partnership phase within Carnelia.

How many units has Manara delivered?

No verified public total is available for delivered units as of May 2026; available figures relate to individual projects or phases.

Is Manara Developments publicly listed?

Public sources do not indicate that Manara Developments is currently listed on the Egyptian Exchange. A 2022 statement mentioned that listing could be considered later after the company achieved the required milestones.

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