Mercon Developments is an Egyptian real estate developer founded in 2019, backed by more than 15 years of experience in construction and development. The company’s official website states that Mercon has built a portfolio of more than 70 residential and commercial developments across Cairo and has delivered more than 840 units, while also contributing to major national projects in Egypt.
Mercon operates from M3 on North 90 Street in Fifth Settlement and lists 15033 as its hotline. Its current official project portfolio includes Riverton New Cairo, Nurai Compound New Cairo, VX Golden Square, VX N90, PAVO Tower, and Memar Mekkah construction projects, combining residential, commercial, administrative, and hospitality-managed real estate concepts.
Mercon Developments History and Foundation
Mercon Developments was founded in 2019, drawing on more than 15 years of prior construction and development experience. The official About Mercon page states that the company has played a role in major national projects across Egypt, including work related to the Iconic Tower, the Governmental District in the New Administrative Capital, Dubai Port in Suez, the Monorail, and Grand Gates.
The company is led by Ahmed Embaby, listed on the official website as Chairman. In his official message, he links Mercon’s expansion to teamwork, collaboration with strong partners, and a commitment to creating communities that improve people’s lives. This background explains Mercon’s transition from construction-driven experience to a wider development platform with projects in New Cairo and the New Administrative Capital.
Key Mercon Developments Projects
Mercon’s portfolio combines residential compounds, commercial malls, administrative buildings, and hospitality-managed residential concepts, with a strong focus on New Cairo and the New Administrative Capital.
New Cairo Projects
- Riverton New Cairo – a residential project in the AUC District of New Cairo, spanning more than 25 acres with 80% of the total area dedicated to landscapes, green spaces, and community amenities. The project follows a “You Buy, We Rent” model and includes a partnership with Eltamayoz Co. and Gewan Hotels & Resorts for hospitality-managed units.
- Nurai Compound New Cairo – a residential and commercial project in New Cairo. The official site states that Nurai spans 16 acres, split between 8 residential acres and 8 commercial acres, with more than 400 units.
- VX Golden Square – a commercial, administrative, and medical destination in Golden Square, New Cairo, designed for retail shops, offices, and clinics in a high-exposure area.
- VX N90 – a mixed business and retail destination on North 90 Street, tailored for SMEs, startups, service providers, banks, F&B outlets, and daily retail activity.
- G7 Mall New Cairo – a commercial, administrative, and medical project in Fifth Settlement. Aqar Trend reported in 2022 that excavation works had been completed as part of the company’s delivery timeline.
New Capital and Construction Projects
- PAVO Tower – Mercon’s second project in the New Administrative Capital, offering commercial and administrative units. The official site lists 16 floors, 600 units, and EGP 2 billion in total sales.
- Memar Mekkah Projects – a construction-related portfolio listed on the official website, including Bait Al Watan, Narges Villas, New Lotus, Al-Andlos, and projects in New Cairo, Nasr City, Galala Road, and Sokhna Road.
Mercon Developments Facts and Figures
Mercon publishes several company and project figures on its official website. These numbers provide a useful snapshot of the company’s scale and are reflected in the supported website fields where appropriate.
| Founded | 2019 |
| Experience | More than 15 years in construction and development |
| Delivered units | More than 840 units |
| Project portfolio | More than 70 residential and commercial developments across Cairo |
| Main areas | New Cairo, New Administrative Capital, Nasr City, national infrastructure corridors |
| PAVO Tower | 16 floors, 600 units, EGP 2 billion in total announced sales |
| Head office | M3, North 90 Street, Fifth Settlement |
| Hotline | 15033 |
Mercon Developments Vision and Specialties
Mercon’s stated vision is to become a pioneering leader in real estate and construction, setting benchmarks in innovation, quality, and sustainability. The company aims to create living and working environments that respond to the needs of modern communities while using advanced technologies and greener building practices.
- Residential development: projects such as Riverton and Nurai, combining housing, services, landscapes, and community amenities.
- Commercial and administrative real estate: VX N90, VX Golden Square, PAVO Tower, and G7 Mall.
- Construction and contracting: national project contributions and the Memar Mekkah construction portfolio.
- Operational partnerships: work with China State Construction and hospitality partnerships such as Riverton’s collaboration with Eltamayoz Co. and Gewan Hotels & Resorts.
Latest Developments and New Projects
In October 2025, Mercon announced on its official website a cooperation agreement with Gewan Hotels & Resorts to manage hotel-style units inside Riverton, a New Cairo project developed in partnership with Eltamayoz Co. The announcement describes Riverton as a 25-acre project facing the American University in Cairo, with 120 hotel units and facilities including restaurants, meeting rooms, a spa, swimming pool, and gym.
The current official project page also highlights Riverton, Nurai, VX Golden Square, VX N90, and PAVO Tower, showing how Mercon has expanded from commercial and administrative projects into broader residential and hospitality-managed communities in New Cairo.
Mercon Developments FAQ
When was Mercon Developments founded?
Mercon Developments was founded in 2019, according to the company’s official website.
Who is the Chairman of Mercon Developments?
The official About Mercon page lists Ahmed Embaby as Chairman.
What are Mercon Developments’ main projects?
Major projects include Riverton New Cairo, Nurai Compound, VX Golden Square, VX N90, PAVO Tower, and G7 Mall New Cairo.
How many units has Mercon Developments delivered?
The official website states that Mercon has delivered more than 840 units within a portfolio of more than 70 projects across Cairo.
Where is Mercon Developments headquartered?
Mercon’s office is listed at M3, North 90 Street, Fifth Settlement, with hotline 15033.