Egypt Signs $202 Billion Deal for Four Mega-Projects
23:41 21.10.2026 (Updated: 23:44 21.10.2026)
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Egypt Signs $202 Billion Deal for Four Mega-Projects
The agreement with Talaat Moustafa Group Holding covers the development, construction, and operation of four mixed-use real-estate ventures, according to a presidency statement.
Project Breakdown
🟠North Madinaty: a new urban development.
🟠Central Alexandria: an 11.3 million-square-meter project.
🟠Abu Qir: an industrial, logistics, and real estate economic hub northeast of Alexandria.
🟠North Coast: a destination modeled after South Med.
The deal is valued at 11 trillion Egyptian pounds ($202 billion), according to the presidency.
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