Inauguration of the Mansoura Towers Residential Project
Under the patronage of His Excellency the Minister of State and Governor of the Capital, Aden, Mr. Ahmed Hamed Lamlas, Al-Qutaibi Real Estate Investment Company, in partnership with Nasr Al-Jahouri Real Estate Development Company, inaugurated the Mansoura Towers Residential Project. The project, built on an area of (32,244) square meters, includes (672) residential apartments.
At the inauguration ceremony, Mr. Badr Muawon, Deputy Governor of Aden and Secretary-General of the Local Council of the Governorate, delivered a speech on behalf of the local authority. He began by conveying the greetings and congratulations of His Excellency Governor Lamlas, emphasizing the local authority leadership’s commitment to providing all necessary facilities and support to investors.
Muawon indicated that the local authority leadership is working diligently to provide a safe investment climate by enhancing security stability and restoring normal life in the capital, Aden. He called on businessmen and investors to take advantage of the advantages of the investment law and the stable conditions to launch their projects in various sectors that promise wealth and opportunities. For his part, the Chairman of the General Investment Authority, Mr. Ali Jarhum, emphasized the importance of the Mansoura Towers project as one of the most prominent investment projects in Aden, noting the facilities provided by the Authority through the Unified Investment Window.
Mr. Mohammed Al-Qutaibi, Vice Chairman of Al-Qutaibi Trading Group, emphasized that this project represents the first step in our strategic endeavors and a pioneering step in the development and reconstruction process in our beloved city of Aden. He emphasized that this vital and important project is not merely a real estate investment project, but rather a message of hope and peace that we are sending from the city of Aden to the interior and abroad. It is also evidence of our confidence that Aden, with the will of its loyal people, is capable of advancing this promising city for the better.
Al-Qutaibi explained that the launch of this project coincides with the economic reforms adopted by our wise government, which have shown positive signs of economic recovery, most notably the stability of the exchange rate and the decline in the prices of basic commodities.
Al-Qutaibi addressed a special message to official bodies, saying: The success of investments depends on the existence of a stable, attractive, and supportive investment environment for investors and the private sector, and this requires an active role from all official bodies. The ceremony, which was attended by the Undersecretaries of Aden Governorate, Mr. Adnan Al-Kaf and Mr. Abdulrahman Sheikh, the Undersecretary of the Ministry of Industry and Trade, Mr. Rashid Hazeb, the President of the Aden Chamber of Commerce and Industry, Mr. Abu Bakr Ba’abeed, and the Director General of Mansoura District, Mr. Ahmed Al-Dawudi, along with a number of businessmen, featured a documentary film reviewing the project’s completion stages and features.
At the conclusion of the ceremony, Engineer Yasser Al-Arish, CEO of Al-Qatibi Real Estate Investment Company, explained that the Mansoura Towers project includes modern residential buildings, service facilities, streets, parking lots, sidewalks, green spaces, gardens, and children’s playgrounds. It consists of residential models (A) and (B) with a total of (672) apartments, contributing to meeting the needs of residents and providing an integrated residential environment.
The event was held on September 16, 2025, at the Mas Hall for Events and Conferences.