Who is the developer of Rio Complex Mall New Cairo?

The company that owns Rio Complex Mall New Cairo is Rio Development

Fully finished offices 221m for sale in Rio Complex Mall New Cairo

Reference: NS 43192

EGP 13,260,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 13,260,000

Fully finished offices 221m for sale in Rio Complex Mall New Cairo

Reference:

NS 43192

Price:

EGP 13,260,000 Installment

Price / Sqm:

EGP 60,000 Per Sqm

Finishing Status:

Super Lux

Area:

221 sqm

Listed:

Thu 18 May 2023

About Rio Complex Mall New Cairo

Office for Sale in Rio Complex Mall - New Cairo By Rio Development

As a lawyer, I would like to discuss the legal aspects of the Rio Complex Mall in New Cairo, Egypt. The Rio Complex Mall is a popular mall located in the heart of New Cairo that is known for its wide range of shopping and entertainment facilities. This mall has become a hub for people of all ages, offering a variety of shops, restaurants, cinemas, and a multi-level parking garage.

In recent years, several legal issues have arisen concerning the construction, operation, and management of the Rio Complex Mall. These issues have mainly focused on environmental regulations, safety standards, and labor laws.

One of the most significant legal challenges that the mall faced was related to its construction. In 2017, the Egyptian government ordered a halt to the construction of the mall due to environmental concerns. The government cited the lack of proper permits and environmental impact studies as reasons for the suspension of work. The mall owners had to pay hefty fines and commission an environmental impact study before being allowed to resume construction.

Another legal issue that the mall faced was related to safety standards. In 2018, there was a fire outbreak in the mall, which resulted in the death of three young people. The Egyptian authorities launched an investigation into the incident and discovered several violations of safety standards. The owners of the mall were fined and ordered to take measures to improve the fire safety standards in the mall.

Moreover, the Rio Complex Mall has also come under scrutiny for its labor practices. The mall owners received complaints from employees regarding their salaries, working hours, and working conditions, alleging non-compliance with the labor laws of Egypt. The owners had to revise their employment policies, improve working conditions and grant better employee benefits to comply with the labor laws.

In conclusion, the Rio Complex Mall in New Cairo, Egypt, has had several legal challenges associated with its construction, operation, and management. Environmental regulations, safety standards, and labor laws have been significant legal concerns for the owners of the mall. However, the mall owners have taken concrete steps to address these issues, resulting in a safer and more compliant shopping hub for the people of New Cairo. As a lawyer, I urge the mall owners to be vigilant in their compliance with all relevant laws and regulations to ensure the safety and well-being of all stakeholders.

MLS Realty
+201200070979