{"id":102191,"date":"2025-11-06T00:00:00","date_gmt":"2025-11-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/11\/06\/dallah-albaraka-egypts-emaar-misr-to-develop-egp-78-bn-new-cairo-project\/"},"modified":"2025-11-06T00:00:00","modified_gmt":"2025-11-06T00:00:00","slug":"dallah-albaraka-egypts-emaar-misr-to-develop-egp-78-bn-new-cairo-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/11\/06\/dallah-albaraka-egypts-emaar-misr-to-develop-egp-78-bn-new-cairo-project\/","title":{"rendered":"Dallah Albaraka, Egypt\u2019s Emaar Misr to develop EGP 78 bn New Cairo project"},"content":{"rendered":"

Emaar Properties Egyptian arm Emaar Misr is preparing to launch yet a big <\/strong>ticket development<\/strong>, tunder a strategic partnership with Saudi Arabia\u2019s Dallah Albaraka, according to a disclosure (pdf)<\/a> from the EGX30-listed company. The project with Dallah Albaraka\u2019s Samla and Alam Al Roum for Urban Development will require EGP 78 bn \u2014 equivalent to around USD 1.7 bn at the current exchange rate \u2014 in investments and is expected to bring in returns totalling EGP 117 bn.<\/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 380-feddan project will be in New Cairo\u2019s Kayameya district. <\/strong>Details are still few and far between, but they say the development will feature residential, administrative, and commercial components.<\/p>\n

\u201cWe are proud of this new strategic partnership with Dallah Albaraka Group, which <\/strong>extends our firm commitment to supporting Egypt\u2019s real estate sector<\/strong> and contributing to the country\u2019s unprecedented urban renaissance. Egypt\u2019s property market is full of promising potential, and we believe in the importance of delivering projects that uphold the highest quality standards and place customer comfort first,\u201d Emaar Properties founder Mohamed Alabbar said in a separate statement (pdf)<\/a> from the company. <\/p>\n

Emaar is doubling down on Saudi partnerships:<\/strong> The developer is working on a EGP 900 bn<\/a>integrated tourism complex<\/a> alongside Saudi-owned Citystars Properties called Marassi Red Sea. The USD 19 bn project will feature 12 hotels, thousands of residential units, a world-class marina, and a range of leisure and community facilities.<\/p>\n

DATA POINT- <\/strong>Emaar\u2019s investment in Egypt now total EGP 1.9 tn, while its land bank currently stretches some 34.6 mn square metres. The company is now in the process of doubling these figures over the coming years, according to Alabbar.<\/p>\n","protected":false},"excerpt":{"rendered":"

The project will span 380 feddans and generate some EGP 117 bn in revenues<\/p>\n","protected":false},"author":1,"featured_media":102192,"comment_status":"","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":[2574],"tags":[142,4489,10,106],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-102191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-construction","tag-emaar-misr","tag-enterpriseam-ksa","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"fd963472-3f0c-4c12-bb27-27cf76891d16","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/1091.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Dallah Albaraka, Egypt\u2019s Emaar Misr to develop EGP 78 bn New Cairo project","related_issue":[102184],"teaser":"The project will span 380 feddans and generate some EGP 117 bn in revenues","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.d4cfa7a9-ad13-4399-822d-d7603c05efb4.mp3"},"yoast_head":"\nDallah Albaraka, Egypt\u2019s Emaar Misr to develop EGP 78 bn New Cairo project - 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