Building on the extensive experience of MADKOUR Holding in delivering national infrastructure projects, MADKOUR Developments has officially entered Egypt’s real estate market with the launch of its first project in the New Administrative Capital, aligning with the state’s broader urban development strategy.
Hesham Madkour, Vice President of MADKOUR Holding, said the group’s long-standing commitment to quality and execution excellence forms the foundation of MADKOUR Developments’ strategy as the group’s real estate arm. He noted that these principles will guide the company’s market approach, with a strong focus on delivery readiness, construction quality, and adherence to timelines.
Madkour highlighted that MADKOUR Holding has executed national infrastructure projects for more than two decades, achieving annual business volumes exceeding $1bn. He explained that this operational expertise and financial strength are being leveraged in the real estate sector through a self-financed development model supported by the integrated capabilities of the group’s affiliated companies.
According to Madkour, launching the company’s first real estate project in the New Administrative Capital reflects confidence in the city’s role as a hub for integrated urban development and long-term investment. The Financial District was selected as the project’s location due to its strategic importance and strong demand from institutional users.
Ahmed Attia, CEO of MADKOUR Developments, said the company has adopted a structured and disciplined entry strategy, drawing on MADKOUR Holding’s technical, engineering, and administrative expertise. He added that the focus is on delivering developments that respond to market needs while maintaining strict quality standards and timely execution.
Attia explained that the company’s inaugural project is a fully completed administrative development located in the Financial District. He noted that offering finished buildings reflects MADKOUR Developments’ commitment to transparency and investor confidence, allowing buyers and tenants to clearly assess the product from the outset.
The project introduces a non-traditional office concept under the “Open Business Campus” model, comprising three interconnected buildings, outdoor workspaces, and integrated service areas designed to accommodate corporate and banking tenants.
Attia added that the development is fully constructed and open for inspection, with design plans enabling tenants to commence operations within one year. MADKOUR Utilities will manage and operate the project, with the aim of improving operational efficiency and reducing long-term operating costs.
Founded by Mostafa Madkour, MADKOUR Holding operates across infrastructure, energy, industrial projects, and residential community management. The group reports annual business volumes exceeding $1bn and has completed more than 120 projects across Egypt, the Arab region, and Africa.
