Our Story

The vision is all about crafting unique living perfected by timeless experiences

Founded in 2019, Ajna Developments is a real estate development company based on the vision and expertise of its shareholders.

At Ajna, we thrive on developing the fullest potential of every property, from concept layout to delivering no-hassle, all-inspiring experiences, focusing on creating lasting value for residents and guests.


Ajna’s mission is to introduce an innovative criterion that would set the benchmark for integrated living, one in which home, its experience, and overall value exceeds expectations.

Ajna Developments aims to curate exclusive, unique human experiences to add luxury and exciting flare to your everyday life. We thrive to provide our residents and guests the best that life has to offer by elevating the quality of life.


Ajna Developments aims at redefining the conventional idea of spaces by creating innovative places to keep. Our vision is to explore Egypt’s most beautiful destinations and transcend them to curate innovative and sustainable communities that redefine the future of living.

We aim to provide effortless, serene tranquility, exotic shopping centers, and everything in between to live the best, sublime life.

Board of Directors

Ajna investors come with long-term experience in real estate, from design to development, with a combined portfolio of 25 residential projects representing 8000 units on 1 million m2 of land with a total investment of 25 bn EGP in the middle east.
  • Osama Shalaby
    Chief Executive Officer

    Engineer Osama Shalaby has extensive planning and business management experience for more than 20 years since venturing into designing and developing his first project and later to establishing and managing his engineering consultancies and real estate development companies including Ajna.

  • Ashraf Mansour
    Deputy Chairman

    Civil Engineer Ashraf Mansour draws upon a lifetime of expertise and a name that has played a pivotal role in building the real estate industry in Egypt. He is one of the most distinguished real estate developers with over 27 years of experience in real estate investment, contracting, manufacturing, and trading, in addition to his achievements in the corporate world, Eng. Mansour is an enthusiastic researcher and spends a considerable amount of time on further education.

  • Amr Mahmoud Eid
    Chief Development Officer

    Engineer Amr Eid has joined Ajna’s as CDO with great experience in the field of real estate development extends more than 16 years, which he held many positions in major companies operating in the real estate sector inside and outside Egypt. 

    Specializing in, Architecture, Real Estate Development. Landscape and Urban Design.

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