Egyptian Prime Minister Mostafa Madbouly is set to witness the signing of an investment partnership agreement between the Egyptian and Emirati private sectors to develop a major urban project in Mada City, New Cairo.
The project will be carried out with investments exceeding $3 billion, reflecting continued cooperation between Egyptian and UAE investors in large-scale real estate and urban development projects.
The agreement is expected to support Egypt’s efforts to attract foreign and Arab investment into new urban communities, while expanding integrated development projects in strategic locations across Greater Cairo.
The project in Mada City is set to add further momentum to New Cairo’s growing position as a major investment destination for residential, commercial and mixed-use developments.
Madbouly is also scheduled to inspect two projects in Cairo Governorate as part of the government’s follow-up on development and service projects across the capital.
Follow the latest news on Google News
