Egypt signs agreement with Talaat Moustafa for 4 megaprojects worth $204 billion

Egypt signed an agreement with Talaat Moustafa Holding to implement 4 projects worth approximately $204 billion (11 trillion EGP). The agreement covers the North Madinet project, a project spanning 11.3 million sqm in downtown Alexandria, an economic complex in Abu Qir, and a coastal destination on Egypt's North Coast similar to Sokhna. The agreement was signed during Egypt Forum 2026, with presidential directives to create 200,000 rental housing units.

Shary AI

Tell us your budget and Shary AI will shortlist for you

Type the amount and the area to get the units that fit you.

Ask Shary AI

Ad

1% down payment, up to 15 years

Developer offers on the newest projects.

Book the offer

Ad

Know the price per meter in your area

The Shary Index is updated every month.

Open the index