Pyramids Developments — Ownership, Projects, Prices and Contact

7 projectsNew Capital, 6 OctoberLast reviewed: 19 August 20266 min read

Sources report that Pyramids Developments began operating in France in 2000 and entered the Egyptian market in 2013. The Nawy page presents Hesham El Kholy and Alaa El Kholy as the company’s owners, while an older official post referred to Hesham El Kholy and Waleed El Tayeb as owners. This conflict requires a current corporate register before any definitive ownership structure is published.

Pyramids Developments started in France in 2000 and entered Egypt in 2013. Its portfolio is concentrated in the New Administrative Capital — La Capitale, Pyramids Business Tower, Paris Mall, Grand Square Mall, Champs Elysees Mall, Pyramids Mall and Pyramids City — plus Sky City in El Galala and Ain Sokhna. The official line is 15102. The word Pyramids in a project name does not mean this is its developer.

Who is Pyramids Developments?

Sources state that Pyramids Developments began its business in France in 2000 and entered the Egyptian market in 2013. The Nawy page shows Hesham El Kholy and Alaa El Kholy as the company’s owners, while an older official post pointed to Hesham El Kholy and Waleed El Tayeb as owners. That conflict needs a recent corporate register before a definitive ownership structure is published.

This page therefore uses conservative wording — the name Hesham El Kholy is associated with the leadership and ownership of the company, with sources differing about the partners — and presents the source detail rather than concealing the conflict.

Quick facts

Item	Detail
Name	Pyramids Developments
Published start of international activity	2000 in France
Start of work in Egypt	2013
Names associated with ownership	Hesham El Kholy, with sources differing on the partner
Official line	15102
Email	info@pyramidsdevelopments.com
Address	238 Second Sector, North 90, Fifth Settlement
Website	site.pyramidsdevelopments.com

Flagship projects

La Capitale — the New Administrative Capital

A residential project in R7 of roughly 56,000 sqm, with studios, apartments, duplexes and penthouses.

Pyramids Business Tower

A mixed-use tower opposite the Al Masa Hotel, with offices, retail, clinics, hotel apartments and an announced InterContinental component. Each unit type must be separated in pricing and in schema.

Paris Mall — the New Administrative Capital

A project in MU23 between R2 and R3, with retail, administrative space and suites or studios according to sources. The phrase “more than 50,000 commercial units” appearing in one market description looks inconsistent with the project’s area and needs verification before being republished.

Grand Square Mall and Champs Elysees Mall

Two independent retail and administrative projects in the Capital. Grand Square opened in January 2023 according to the company’s website.

Pyramids Mall and Pyramids City

Names that need a precise slug and a number or phase where extensions exist, so they do not get mixed up with projects carrying Pyramid or Pyramids from other developers.

Sky City — El Galala and Ain Sokhna

A large coastal project of roughly 247 feddans according to Nawy, with apartments, standalone villas and twin houses.

Observed prices on 19 August 2026

La Capitale: Nawy showed a starting price from about EGP 2.614 million.
Pyramids Business Tower: resale observed from about EGP 4 million, with no clear developer price shown on the page at the time of observation.
Pyramids City: a market source showed a starting point from about EGP 4.6 million.
Prices published in 2022–2023 articles for Champs Elysees and La Capitale should be kept as price history only.

Avoiding confusion

Pyramid Hills and West Gate Pyramid Hills belong to ORA, not Pyramids Developments.
Pyramids Heights belongs to ALDAU Developments.
Nyoum Pyramids belongs to Arab Developers Holding.
Pyramids Wales appears as a project by GUP Developments.

The presence of the word Pyramids in a project’s name does not mean the developer is Pyramids Developments.