Latest news with #LMD
Zawya
14 hours ago
- Business
- Zawya
PwC Middle East moving into its smart office building marks the first major handover at One Ninety
LMD welcomes leading global companies to Business Quarter A at One Ninety — its flagship business destination in New Cairo. Cairo, Egypt – Landmark Developments (LMD), one of the leading real estate developers in Egypt, specializing in creating transformative residential and commercial experiences, is proud to announce the delivery of Business Quarter A within its flagship development, One Ninety, in New Cairo. This milestone marks the first operational phase of the $1 billion mixed-use destination, positioning One Ninety as a thriving business and lifestyle hub where ambition, community, and creativity converge to redefine the way we live, work, and connect. With a forward-looking vision and a commitment to operational excellence, One Ninety's Business Quarter sets a new standard for the future of work — where productivity, collaboration, and community come together to empower today's leading enterprises. Business Quarter A is now a base for prestigious global tenants, most notably PwC Middle East in Egypt, which relocated its operations — including 900 employees — to One Ninety. This next-generation office space is designed with well-being, sustainability, and flexibility at its core, featuring uniquely themed rooms like a community garden, a wellness room for yoga and pilates, a library, and a maternity room. The rooftop includes indoor and outdoor seating, play areas, a juice bar, a games zone, and dedicated spaces for casual meetings and breaks. Demonstrating LMD's and PwC Middle East's mutual commitment to sustainability and innovation, the building incorporates motion-sensor lighting, advanced air filtration, noise insulation, and Demand-Control Ventilation (DCV) — a pioneering system that reduces energy consumption by adjusting airflow based on occupancy. PwC Middle East is one of the first offices in the region to install this cutting-edge technology, reinforcing the firm's Net Zero ambitions and aligning with LMD's vision for eco-conscious, future-forward urban development. 'We are proud to deliver Business Quarter A, the first fully operating component of One Ninety,' said Eng. Amr Sultan, Founder and CEO of LMD, 'This milestone is a direct reflection of our mission to create integrated communities that elevate standards of quality, design, and sustainability. Hosting global institutions like PwC Middle East and AAIB in Business Quarter A affirms our position as a developer redefining the real estate experience in Egypt.' 'PwC's presence in Egypt dates back to 1907, marking the start of a long-standing relationship with the country's business community. Over the decades, the firm has evolved to support national growth and development. Today, PwC Middle East in Egypt continues to play a critical role in delivering impact across industries as part of the firm's regional network,' said Maged EzzEldeen, Egypt Country Senior Partner, PwC Middle East. Additionally, the company is preparing to open in Quarter A, near the Arab African International Bank (AAIB), with its new national headquarters spanning a total area of 24,000 m². Meanwhile, Turkish Airlines, Fertiglobe by ADNOC, and the Chalhoub Group will soon begin operations. Complementing the corporate mix, an exciting variety of F&B brands and retail concepts, many of which are debuting in Egypt for the first time, will launch in both Quarter A and the adjacent Quarter D. Located at the strategic intersection of 90 Street and the Ring Road, near the 'One Ninety' monorail station. One Ninety is a fully walkable, thoughtfully master planned community spanning 344,315 square meters, integrating the Business Quarter, Cairo Design District, Urban Park, W Cairo The Residences, and the upcoming W Cairo Hotel — the first of its kind in Egypt and Africa. Construction of W Cairo is on track, with the full structural skeleton set for completion by the end of 2025. With Business Quarter A delivery, LMD reaffirms its leadership in delivering transformative, mixed-use developments that meet the evolving needs of global tenants while contributing to Egypt's future-ready urban growth. About PwC: At PwC, we help clients build trust and reinvent so they can turn complexity into a competitive advantage. We're a tech-forward, people-empowered network with over 370,000 members in 149 countries. Across audit and assurance, tax and legal, deals and consulting, we help build, accelerate and sustain momentum. Find out more at Established in the Middle East for over 40 years, PwC Middle East has 30 offices across 12 countries in the region with 12,000 people. ( PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see for further details. © 2025 PwC. All rights reserved
Time of India
05-06-2025
- Business
- Time of India
Weighing machines: Legal met dept pulls up traders
T'puram: Many traders in Thiruvananthapuram district are not willing to certify their weighing machines with the legal metrology department (LMD) and ensure accuracy of the weight of the products being sold. Tired of too many ads? go ad free now As per the data provided by the LMD's district office, 4,981 cases were registered against traders for not certifying their weighing machines and a fine of Rs 53.69 lakh was charged for violations in the 2024-25 financial year. In the surprise raids, 27 traders were caught red-handed when the sold products weighed less than the intended quantity and they were fined Rs 3.40 lakh. The number of cases registered and fines charged were higher compared to the previous year. In the financial year 2023-24, 3,403 traders were fined Rs 64 lakh for not certifying weighing machines. Although cases increased to 4,981 in 2024-25, the fine amount came down after the state govt reduced it through adalats. In the 2022-23 financial year, the number of cases registered for the offence was 2,151 and the fine collected was Rs 48 lakh. In 2021-22, cases were just 1,090 and the fine collected was Rs 25.55 lakh. A trader must pay Rs 335 for certifying a weighing machine and the fine for not doing it is Rs 2,000. At the adalats, the fine amount was reduced to Rs 500 for most of the traders. "Traders are classified into A, B, C and D based on the specific time at which they certify their machines. Those who certify the machines in Jan, Feb and March are in 'A' category; April, May and June in B category; July, Aug and Sept in C category; and Oct, Nov and Dec in D category. Tired of too many ads? go ad free now The traders must renew the registration in the same months and we will get notifications if they fail to do so. After all, hundreds of traders use uncertified machines and they are being traced through our inspections. Continuous usage of machines for months without certifying them will affect accuracy. They must be certified periodically," said an LMD officer. In addition to these cases, the department also registered 247 cases for not providing proper declarations on packets and for not obtaining packing registration from the department. A fine of Rs 22.40 lakh was charged for these violations. Hundreds of autorickshaw drivers too were penalised for not certifying meters.
Zawya
04-06-2025
- Business
- Zawya
LMD partners with Baky Hospitality to launch landmark dining destination at One Ninety
Egypt - LMD (Landmark Developments), a leading real estate developer in Egypt, has announced a strategic partnership with Baky Hospitality Group to launch a signature fine dining concept at its flagship mixed-use development, One Ninety, in New Cairo. Set to open by the end of 2026, the 250-seat venue will offer an immersive dining experience with both indoor and outdoor spaces, designed to complement the distinctive architecture and community ethos of One Ninety. This collaboration brings Baky Hospitality's acclaimed culinary artistry to the heart of the development. Known for redefining upscale dining in Egypt, Baky Hospitality's award-winning portfolio includes celebrated concepts such as Sachi, Kazoku, Reif Kushiyaki, and Lexie's—each renowned for their world-class service, meticulously curated menus, and distinctive ambience. 'Partnering with Baky Hospitality reflects our commitment to delivering world-class experiences across every dimension of One Ninety,' said Amr Sultan, CEO of LMD. 'This collaboration adds a dynamic new layer to our lifestyle offering, underscoring our shared values of innovation, excellence, and quality.' Ayman Baky, Founder of Baky Hospitality Group, said: 'This partnership marks a major milestone for us. Joining forces with LMD allows us to bring our signature concepts to a wider audience, and we look forward to becoming a cornerstone of the vibrant One Ninety community.' Designed as more than a restaurant, the new concept will serve as a lifestyle anchor within One Ninety—offering a contemporary yet timeless culinary journey that fuses creativity with sophistication. The partnership between LMD and Baky Hospitality is poised to set a new benchmark for the integration of luxury dining within Egypt's evolving real estate landscape, positioning One Ninety as a destination where culture, cuisine, and community converge. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Daily News Egypt
03-06-2025
- Business
- Daily News Egypt
LMD partners with Baky Hospitality to launch landmark dining destination at One Ninety
LMD (Landmark Developments), a leading real estate developer in Egypt, has announced a strategic partnership with Baky Hospitality Group to launch a signature fine dining concept at its flagship mixed-use development, One Ninety, in New Cairo. Set to open by the end of 2026, the 250-seat venue will offer an immersive dining experience with both indoor and outdoor spaces, designed to complement the distinctive architecture and community ethos of One Ninety. This collaboration brings Baky Hospitality's acclaimed culinary artistry to the heart of the development. Known for redefining upscale dining in Egypt, Baky Hospitality's award-winning portfolio includes celebrated concepts such as Sachi, Kazoku, Reif Kushiyaki, and Lexie's—each renowned for their world-class service, meticulously curated menus, and distinctive ambience. 'Partnering with Baky Hospitality reflects our commitment to delivering world-class experiences across every dimension of One Ninety,' said Amr Sultan, CEO of LMD. 'This collaboration adds a dynamic new layer to our lifestyle offering, underscoring our shared values of innovation, excellence, and quality.' Ayman Baky, Founder of Baky Hospitality Group, said: 'This partnership marks a major milestone for us. Joining forces with LMD allows us to bring our signature concepts to a wider audience, and we look forward to becoming a cornerstone of the vibrant One Ninety community.' Designed as more than a restaurant, the new concept will serve as a lifestyle anchor within One Ninety—offering a contemporary yet timeless culinary journey that fuses creativity with sophistication. The partnership between LMD and Baky Hospitality is poised to set a new benchmark for the integration of luxury dining within Egypt's evolving real estate landscape, positioning One Ninety as a destination where culture, cuisine, and community converge.
Daily News Egypt
18-05-2025
- Business
- Daily News Egypt
LMD Unveils 'Being' in New Zayed, Partners with LA7 to Launch Innovative Business Hub 'Mindset'
Landmark Developments (LMD), one of Egypt's leading real estate developers, has launched a new mixed-use project in New Zayed under the name 'Being,' introducing a unique urban model that merges residential comfort with smart commercial functionality. Spanning 150 feddans opposite Sphinx International Airport, the project is designed to meet the evolving needs of both residents and businesses in West Cairo's fast-growing market. Marking a major milestone in its expansion strategy, LMD has also opened its first sales office in Park Street, Sheikh Zayed, to provide closer access to its clientele in West Cairo. 'At LMD, we're committed to reshaping modern life in Egypt. With Being, we're offering comprehensive solutions that serve both residents and businesses,' said Amr Sultan, Founder and CEO of LMD. 'Our partnership with LA7 brings a new layer of innovation to the market and strengthens our vision of forward-thinking development.' Central to the Being project is the introduction of 'Mindset,' a business complex developed in partnership with LA7. The concept aims to redefine the traditional workspace by combining functionality with well-being. More than just offices, Mindset will offer an immersive business lifestyle experience that includes wellness facilities, health services, co-working spaces, and on-demand consulting services. 'We're excited to work alongside LMD to bring Mindset to life — a business hub designed to inspire better work and better living. It's a space where wellness, creativity, and ambition meet under one roof,' said Omar El Ghazaly, CEO of LA7. Mindset will feature a gym, physiotherapy center, nutrition experts, wellness and spa services, ergonomic furniture, private workspaces, a library, co-working areas, a conference hall, kids' zones, a music room, cooking school, and a food court. Additional offerings include access to an in-house psychologist, life coach, private doctor, and legal, financial, and HR consulting offices. A high-tech center for AI and programming is also part of the development. The launch of Being and the unveiling of Mindset reflect LMD's broader ambition to pioneer new living and working experiences in Egypt's real estate landscape. The company has already begun offering commercial units within the development, targeting businesses looking for integrated and innovative workspaces. LMD's portfolio includes high-profile developments such as Stei8ht, Eastside, One Ninety, and Zoya on the North Coast. With the introduction of Being, the developer reinforces its position as a trailblazer in Egypt's urban transformation.
