Madkour Holding Launches Madkour Developments to Expand Real Estate Footprint in Egypt
In a strategic move that crowns more than three decades of major construction and infrastructure achievements, Madkour Holding has announced the launch of its new real estate investment arm, Madkour Developments, marking a significant expansion of the group into Egypt’s growing property development sector.
The Board of Madkour Holding has appointed Eng. Ahmed Attia as CEO of Madkour Developments, where he will lead the company’s ambitious vision built on the group’s strong financial position and in-house execution capabilities.
A Natural Evolution for the Group
Dr. Mostafa Madkour, Chairman of Madkour Holding, stated that the establishment of Madkour Developments is a natural progression in the company’s growth journey. The move capitalizes on the group’s extensive expertise in executing complex national projects and world-class infrastructure, known for high-quality engineering standards and operational excellence.
He emphasized that the new entity will adopt an innovative urban development philosophy focused on sustainability, efficiency, and contemporary design, aiming to introduce globally competitive real estate products tailored to the evolving needs of the Egyptian market, which continues to show strong momentum and increasing demand.
Trusted Market Entry and Strong Execution Capabilities
Eng. Hesham Madkour, Vice Chairman of Madkour Holding, highlighted that the group’s entry into the real estate sector reflects its confidence in the strength, resilience, and investment potential of Egypt’s property market. He revealed that the company will soon unveil a portfolio of distinctive projects characterized by meticulous planning and the same execution quality that has defined Madkour’s long track record in construction and infrastructure.
He expressed full confidence in Eng. Ahmed Attia’s leadership to steer Madkour Developments toward new phases of growth and market success, backed by his extensive experience in managing large-scale developments. He stressed that Madkour Developments will be a solid addition to the market and a natural extension of the group’s legacy in national development.
A Holistic, Technology-Driven Development Model
Madkour Developments enters the market not as a conventional developer but as an integrated entity backed by decades of experience in national mega-projects, infrastructure development, and community management.
“Our strategy is clear: we deliver tangible, fully executed assets,” said the company. “Our first project in the Financial District of the New Administrative Capital is already fully constructed, demonstrating our commitment to delivering before selling. We are transferring our urban-smart infrastructure expertise—developed through national projects in the Administrative Capital—to our own developments, offering practical, long-term, and sustainable real estate solutions.”
First Project in the New Administrative Capital
Eng. Ahmed Attia, CEO of Madkour Developments, confirmed that the company’s first project is located in the Financial District of the New Capital and was designed as a model for sustainable buildings. The project deploys advanced facility management systems, energy optimization solutions, and smart operation technologies, fully aligned with evolving global and local market demands in sustainability and intelligent urban development.
“What differentiates us,” he explained, “is that the technological systems behind this project—from energy-saving solutions to smart controls—are not marketing concepts, but innovations we have already developed and successfully implemented across national smart infrastructure projects, including electricity, water, and utility networks in the New Administrative Capital, Galala, and Toshka. This guarantees long-term operational efficiency, cost optimization, and a future-ready real estate asset for investors.”
A Leading National Group with Proven Scale
Founded by Dr. Mostafa Madkour, Madkour Holding is one of Egypt’s largest national conglomerates operating across energy, industrial development, infrastructure, and community management. With more than $1 billion in business volume, a workforce exceeding 6,000 employees, and a track record of delivering more than 120 major national projects across Egypt, the Arab region, and Africa, the group stands as one of the most trusted execution partners in the market.
Madkour Developments is set to become a new growth engine for the group, bringing a fresh approach to real estate built on sustainability, advanced technology, and execution reliability—positioning itself as a major player in Egypt’s evolving property market.