The owning company of the project, Al Zahraa for Investment and Real Estate Development was established in 2006 with the explicit purpose of introducing Ashgar Heights. IGI Real Estate held the responsibility for the management and operations of the project. IGI Real Estate is the real estate development and tourism projects arm of the International Group for Investments (IGI) and has pioneered in the delivery of premium residential and tourism properties in Egypt since 1995. Established in 1973, IGI is one of the foremost private sector companies in Egypt and is the parent of several growing, diversified companies whose activities include construction, petroleum trading, industrial support services, agricultural activities, and food processing. Locally, IGI Real Estate has earned an unparalleled reputation for professionalism, expertise and supreme quality in its track record of successful developments. The prestigious portfolio of IGI Real Estate' projects includes Hay Al Ashgar, Gardenia Park, Gardenia Park II, Gardenia Springs, Ashgar Heights and the Marriott Hotel in Taba.