In Sep 2020, YAS and the Arab Contractors signed an agreement with the National Authority for Construction to design, build, and manage a new office and commercial development in Egypt, "Almarrag Mall Office Project".

The contract includes EPC works for the entire office complex and, upon completion, Operation and Maintenance (O&M) for 30 years. The project will cover 54 acres in East Cairo, offering modern, sustainable workspaces and recreational facilities. The development will also include a large commercial mall and an administrative building.

YAS will design and build all infrastructure and civil works, including office spaces, landscaping, and public amenities.

In addition, the construction of this project is executed on an EPC + Finance basis, whereby Smart Info structured and arranged financing on behalf of the client for a large portion of the foreign funding required. The ECA-backed funding is provided by a syndicate of international banks led by JP Morgan and supported by UKEF.

This project is set to be one of the most modern office developments in Egypt, providing a fast, sustainable, comfortable, and efficient working environment for businesses, accommodating over 15,000 professionals.