Office for Sale in Eleven Mall - New Capital By New Plan Development - Delivery Year 2023

Eleven Mall, a new development in the New Administrative Capital of Egypt, is set to become one of the most sought-after shopping and entertainment destinations in the region. As a lawyer, I am pleased to provide an overview of this exciting new development and the legal implications associated with its construction and operation.

Firstly, Eleven Mall is a joint venture between the Egyptian government and the Saudi Arabian conglomerate, Abdul Latif Jameel Group. As such, the project is subject to both Egyptian and international laws and regulations regarding construction, financing, and operation.

In terms of construction permits, the developers of Eleven Mall must obtain all necessary licenses and approvals from the relevant Egyptian authorities, including the New Urban Communities Authority and the Ministry of Housing, Utilities, and Urban Communities. These permits ensure that the project adheres to all safety, structural, and environmental standards required by law.

Furthermore, the financing of the Eleven Mall project must comply with all relevant laws and regulations, including the Egyptian Investment Law, which sets out the conditions for foreign investment in Egypt. Any agreements or contracts related to the financing of the project must be reviewed and approved by experienced lawyers to protect the interests of all parties involved.

Once construction is completed, the operators of Eleven Mall will be responsible for complying with all laws and regulations governing its operation. This includes ensuring that the mall is accessible to all, adhering to labor and employment regulations, and providing a safe and secure environment for shoppers and employees alike. Any disputes that may arise between the operators and tenants of the mall must be resolved in accordance with Egyptian law.

Overall, Eleven Mall is set to become a landmark development in the New Administrative Capital of Egypt. As a lawyer, it is important to ensure that all legal requirements are met to protect the rights and interests of everyone involved. We look forward to seeing the successful completion and operation of this innovative new shopping and entertainment destination.