{"id":676319,"date":"2025-11-27T00:00:00","date_gmt":"2025-11-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/27\/horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo\/"},"modified":"2025-11-27T00:00:00","modified_gmt":"2025-11-27T00:00:00","slug":"horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/27\/horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo\/","title":{"rendered":"Horizon Egypt to set up EGP 42 bn hospitality project in New Cairo"},"content":{"rendered":"

New Cairo is getting a new EGP 42 bn hospitality project: <\/strong>Emirati-led developer Horizon Egypt Developments<\/a> will set up a EGP 42 bn hospitality project in New Cairo after signing the EGP 15 bn land allocation agreement with the New and Urban Communities Authority (NUCA), the Housing Ministry said in a statement<\/a>.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The details: <\/strong>The 28-feddan plot will house a premium mixed-use hospitality and commercial complex, according to the statement, which didn\u2019t disclose any further details. <\/p>\n

NUCA expects the development to bolster New Cairo\u2019s role as an attractive destination <\/strong>for investors<\/strong>, supporting job creation and sustained development activity. Horizon Egypt Chair and head of Ajman Ruler\u2019s Emiri Court Sheikh Majid Al Nuaimi said that the city\u2019s strong economic fundamentals and modern planning make it an attractive destination for premium tourism and service-led developments.<\/p>\n

REMEMBER-<\/strong> The company launched its first project in 2023<\/a> \u2014 the EGP 36 bn Saada New Cairo development.<\/p>\n

\n

IN OTHER REAL ESTATE NEWS-<\/p>\n

Palmier Developments has launched the new EGP 3.5 bn residential <\/strong>compound Vert in New Zayed in partnership with Al Ahly Sabbour\u2019s Melee<\/strong>, Chairman Mohamed Alhaj told Zawya<\/a>. The project will include 213 villas and is expected to generate EGP 5 bn in revenue. <\/p>\n","protected":false},"excerpt":{"rendered":"

NUCA has allocated a 28-feddan plot in New Cairo to Horizon Egypt for the project<\/p>\n","protected":false},"author":1,"featured_media":676320,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7371],"tags":[72,11584,879,83,90],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-676319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-enterpriseam","tag-horizon-egypt-developments","tag-new-urban-communities-authority","tag-real-estate","tag-uae","wpautop","entry"],"acf":{"mongo_id":"87129881-dd8d-4360-8f3a-eac9b6626f38","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/7\/524.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Horizon Egypt to set up EGP 42 bn hospitality project in New Cairo","related_issue":[676307],"teaser":"NUCA has allocated a 28-feddan plot in New Cairo to Horizon Egypt for the project","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.2b17ea0f-ae72-4565-b137-65675e782932.mp3"},"yoast_head":"\nHorizon Egypt to set up EGP 42 bn hospitality project in New Cairo - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/27\/horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Horizon Egypt to set up EGP 42 bn hospitality project in New Cairo\" \/>\n<meta property=\"og:description\" content=\"NUCA has allocated a 28-feddan plot in New Cairo to Horizon Egypt for the project\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/27\/horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-27T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/524.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/27\/horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/27\/horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Horizon Egypt to set up EGP 42 bn hospitality project in New Cairo\",\"datePublished\":\"2025-11-27T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/27\/horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo\/\"},\"wordCount\":230,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/27\/horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/524.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Horizon Egypt Developments\",\"New Urban Communities Authority\",\"real estate\",\"UAE\"],\"articleSection\":[\"Real estate\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/27\/horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/27\/horizon-egypt-to-set-up-egp-42-bn-hospitality-project-in-new-cairo\/\",\"name\":\"Horizon Egypt to set up EGP 42 bn hospitality project in New Cairo - 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The first EGP 500-800 mn phase of the university will be financed through both equity and debt. The New Urban Communities Authority (NUCA)\u2026","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598513,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/27\/nuca-to-offer-85-feddans-of-land-near-new-cairo-reclaimed-from-al-marasem\/","url_meta":{"origin":676319,"position":2},"title":"NUCA to offer 85 feddans of land near New Cairo reclaimed from Al Marasem","author":"enterpriseam admin","date":"27 May 2019","format":false,"excerpt":"The New Urban Communities Authority will offer an 85-feddan land plot near New Cairo reclaimed from Al Marasem International for Development to real estate developers in 2H2019, a source from the New Cairo City Authority said. Al Marasem, a Bin Laden Group subsidiary, asked the authority to take back the\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":590651,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/30\/sodics-soreal-signs-egp-1-bn-facility-with-cib-to-finance-its-ednc-project\/","url_meta":{"origin":676319,"position":3},"title":"Sodic\u2019s Soreal signs EGP 1 bn facility with CIB to finance its EDNC project","author":"enterpriseam admin","date":"30 December 2019","format":false,"excerpt":"DEBT WATCH- Sodic subsidiary signs EGP 1 bn medium term facility with CIB: Sodic subsidiary Soreal for Real Estate Development signed a EGP 1 bn medium term facility with CIB to partially finance Sodic\u2019s first non-residential offering in East Cairo EDNC,the company said in a press release (pdf). EDNC is\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593833,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/10\/nuca-offers-land-plots-worth-egp-35-5-bn-to-investors\/","url_meta":{"origin":676319,"position":4},"title":"NUCA offers land plots worth EGP 35.5 bn to investors","author":"enterpriseam admin","date":"10 October 2019","format":false,"excerpt":"The New Urban Communities Authority (NUCA) has tendered 26 mixed-use land plots worth EGP 35.5 bn in Sixth of October, Sheikh Zayed, New Cairo, and El Shorouk and Sadat cities under a new land tender mechanism, Housing Ministry sources told the press. In related news: NUCA has granted Al Arabia\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561150,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/emaar-misr-to-establish-egp-37-8-bn-residential-project-in-sheikh-zayed\/","url_meta":{"origin":676319,"position":5},"title":"Emaar Misr to establish EGP 37.8 bn residential project in Sheikh Zayed","author":"enterpriseam admin","date":"28 March 2021","format":false,"excerpt":"Emaar Misr will spend EGP 37.8 bn developing a 500-feddan residential project dubbed \u201cBelle Vie\u201d in Sheikh Zayed after signing a land allocation agreement with the New Urban Communities Authority, the company said in an EGX disclosure (pdf). Emaar had received the authority\u2019sapproval for the project in late 2019, following\u2026","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/676319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=676319"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/676319\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/676307"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/676320"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=676319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=676319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=676319"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=676319"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=676319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}