Egypt’s Prime Minister, Moustafa Madbouli, is set to witness the signing of an investment partnership agreement between Egyptian and UAE-based private-sector companies on Saturday to develop a major urban project in Mada City, New Cairo.
The project is expected to attract investments exceeding $3 billion, making it one of the latest large-scale developments launched under Egyptian-Emirati investment cooperation.
The agreement comes as part of ongoing efforts to strengthen investment ties between Egypt and the UAE, particularly in the real estate and urban development sectors, both of which have seen significant expansion in recent years.
This new partnership also reflects the government’s strategy to increase private-sector participation in major development projects. This approach aims to accelerate project implementation, maximise investment returns, and support sustainable urban growth.
In recent years, the Egyptian government has stepped up efforts to attract new investments across infrastructure, real estate, and services as part of a broader plan to stimulate economic activity and create job opportunities.
