EGP 26,554,000
Shop for Sale in Maspero Mall - Down Town By City Edge - Delivery Year 2023
Maspero Mall, located in the heart of Downtown Cairo, has recently come under scrutiny due to allegations of unethical business practices and violations of Egyptian laws.
The mall, which opened in 2019, was developed by the Egyptian government's General Authority for Investment and Free Zones (GAFI) in collaboration with a private developer. However, reports have emerged claiming that the mall was built without proper permits and approvals from the relevant government bodies.
In addition, tenants of the mall have claimed that they were forced to sign unfair contracts and were subjected to high rental fees and arbitrary increases. Many shop owners have also complained about the poor conditions of the mall, including insufficient lighting and inadequate ventilation systems.
Furthermore, some of the mall's tenants have accused the management of discrimination and harassment. Employees of the mall have reported being subjected to verbal abuse and mistreatment by security personnel.
These allegations have prompted a number of legal cases to be filed against the mall's management and ownership. In response, the GAFI issued a statement denying any wrongdoing on their part and claiming that all necessary permits and approvals were obtained before the mall was built.
However, these claims have been challenged by various Egyptian legal experts who point out that there are numerous legal and administrative requirements that must be followed before a development of this scale can be approved.
As a Lawyer, it is necessary to ensure that all parties involved in the development and operation of Maspero Mall comply with Egyptian laws and regulations. Any violation of these laws must be addressed and appropriate actions taken to protect the rights of tenants and employees.
In conclusion, the allegations against Maspero Mall raise serious concerns about the state of business practices in Egypt. It is vital that legal and ethical standards are enforced to ensure that all businesses operate with integrity and respect for the law. As a lawyer, I will continue to monitor this case closely and work with my colleagues to ensure that justice is served.
Maspero Mall The Mall Design: - 10 pedestrian Entrance. - 5 Vehicular Entrance leading to upper & lower garage - 28 commercial unit - Ground Floor only - Areas from 75 m2 - Include indoor & outdoor parking (parking available for all tenants )
City Edge City Edge Developments launched in 2017 with the aim of developing suburban residential communities and upscale mixed-use projects, fostering an atmosphere of creativity, empathy, and innovation