Madkour Development launches its first real estate project in the New Administrative Capital, and plans a portfolio of major projects in 2026.
Based on the national role of Madkour Holding Group and its extensive experience in executing major national projects, Madkour Real Estate Development Company, a subsidiary of the group, announced its selection of the New Administrative Capital for the launch of its first real estate project there. This move reflects its strategic vision aimed at actively participating in the comprehensive urban development plans implemented by the state.
Engineer Hisham Madkour, Vice Chairman of the Board of Directors of Madkour Holding Group, stated that the parent group's strategy is based on commitment and quality, a concept upon which Madkour Real Estate Development Company is founded. Through this strategy, we aim to introduce new standards to the Egyptian real estate market based on credibility, readiness, quality, and excellence, thus ensuring our clients the best investment.
He added: “For over 20 years, the Madkour Group has been a key partner in implementing the country’s infrastructure projects, with an annual turnover exceeding one billion dollars. Today, we are transferring this long-standing experience and strong financial standing to the real estate development sector. Therefore, our entry into the real estate market is unconventional; we rely on self-financing and the principle of integration among the group’s companies to deliver a real estate product based not on promises, but on tangible achievements.”
He explained that choosing the New Administrative Capital reflects the company’s belief in its status as a comprehensive urban model and a promising investment destination, as well as being one of the most prominent sustainable development projects shaping the future of urban development in Egypt. He noted that the Financial District in the New Capital was chosen to launch the company’s first projects there.
Engineer Ahmed Attia, CEO of Madkour Real Estate Development, pointed out that the company has developed a robust strategic plan to ensure an unconventional launch in the Egyptian market. The company aims to deliver projects that add real value to the market and meet customer aspirations, relying on the Madkour Group’s technical and administrative expertise and its unwavering commitment to quality standards and adherence to implementation timelines. He added that the company's first project is strategically located in the financial district of the New Administrative Capital. It is a fully constructed, integrated administrative project, a practical application of the company's "Reality First" strategy. The company believes that credibility begins with tangible results, not just promises, and this is reflected in offering fully completed projects. This ensures clarity for investors and clients, fostering trust in the real estate product from day one.
He said, "Today, we are introducing a different concept for administrative buildings: the 'Open Business Campus.' We have broken down traditional barriers to create a flexible work environment comprised of three interconnected buildings with outdoor plazas and service areas, designed to meet the needs of international companies and banks."
Attia emphasized that the project is "complete and ready for inspection," allowing clients to take possession and begin operations within just one year. This guarantees the fastest return on investment (ROI) in the market. He also noted that the project will be managed and operated using Madkour Utilities technology to ensure efficiency, sustainability, and reduced operating costs.
Madkour Holding, founded by Dr. Mostafa Madkour, is one of the leading national entities in the energy, residential community management, infrastructure, and industrial sectors. With a business volume exceeding $1 billion and a workforce of over 6,000 employees, the group has successfully delivered more than 120 mega-projects in Egypt, the Arab region, and Africa.
The launch of Madkour Real Estate Development Company is a step that solidifies Madkour's position as one of the few entities that combines contracting, technology, and real estate development under one umbrella, targeting clients seeking investment security and reliable quality.