Madinet Masr Opens Carrefour at “Tajed” Project in Taj City, New Cairo
KHADAMATY-NEW
Madinet Masr announced a new milestone at its flagship commercial destination “Tajed” in Taj City, New Cairo, with the official opening of a new Carrefour store, operated in Egypt by Majid Al Futtaim
The opening marks the second operational tenant within the project, underscoring strong leasing momentum and the continued ability of “Tajed” to attract leading international retail brands. The development aligns with Madinet Masr’s strategy to expand its mixed-use portfolio and deliver fully integrated destinations combining retail, services, and entertainment
The inauguration ceremony was attended by Eng. Abdallah Sallam, President and CEO of Madinet Masr, and Mohamed Khafaga, Country Manager of Majid Al Futtaim Retail in Egypt, along with senior executives from both companies
Strategically located in Taj City, “Tajed” enjoys direct access to the Ring Road and Cairo–Suez Road, positioning it within one of New Cairo’s fastest-growing urban zones. The project spans a gross leasable area of approximately 30,000 sqm and is designed to deliver a modern retail experience through a diverse mix of international and local brands
The newly opened Carrefour store covers around 4,000 sqm and is expected to serve as a key anchor and traffic driver within the development, enhancing visitor flow and overall commercial activity
Executive Comment
Khaled Shaker, Vice President Client at Madinet Masr, said:
“The opening of Carrefour at Tajed represents an important milestone in our strategy to develop fully integrated commercial destinations that deliver tangible value to surrounding communities
He added:
“We remain committed to delivering a seamless customer experience built on quality, sustainability, and innovation, strengthening Madinet Masr’s position in the urban development sector
The opening reinforces Madinet Masr’s vision of transforming its developments into dynamic commercial hubs that support economic activity and provide integrated services for East Cairo residents. It also highlights the company’s successful strategy of building strong partnerships with leading global brands, paving the way for continued expansion in the commercial real estate sector
