Al Aliaa Developments has entered the Egyptian real estate market, unveiling an ambitious investment plan worth EGP 100bn to be deployed over the next two years. The company’s expansion strategy centres on smart developments, international partnerships, and technology-driven real estate projects.
The launch event was held under the patronage of the Council of Arab Economic Unity, affiliated with the League of Arab States, in cooperation with the Arab Union for Media. It brought together senior government officials, diplomats, investors, and business leaders from Egypt and across the Arab region.
As part of its market debut, the company announced the launch of AI Tower in the Central Business District of the New Administrative Capital. The project is being positioned as the first AI-managed tower in Africa and the Middle East, featuring a fully integrated intelligent management system designed to optimise energy consumption, resource utilisation, and building operations in line with international smart building standards.
Ezzeldin Kamal, Chairperson of Al Aliaa Developments, said the company’s expansion into Egypt forms part of a long-term growth strategy backed by more than five decades of regional investment experience. He noted that the company is supported by a network of Arab investors and industry experts with a proven track record in delivering major developments across several markets, adding that further projects are planned in East Cairo and other strategic locations.
Board member Adel Hegab described the company as a practical example of Arab economic integration, bringing together capital, expertise, and innovation to develop competitive real estate projects. He stressed that Al Aliaa’s approach focuses on sustainability, advanced technologies, and smart solutions rather than traditional development models.
To support the delivery of AI Tower, the company has established a number of strategic partnerships. These include a cooperation agreement with Honeywell to provide smart building technologies, while Wadi El Nile Healthcare will oversee healthcare-related facilities within the project. ACE Moharram.Bakhoum has been appointed as the lead engineering consultant, with Mohamed Hafez serving as project consultant.
Al Aliaa Developments’ Chief Executive Officer Fayez Kamal said the launch marks the first phase of a broader investment pipeline, with additional projects currently under development across multiple sectors. He highlighted Egypt’s growing importance as a strategic gateway for regional expansion and a leading destination for smart city investments.
Chief Commercial Officer Mohamed Amer underscored the company’s commitment to transparency, governance, and sustainable value creation, positioning Al Aliaa Developments as a long-term player in Egypt’s rapidly evolving smart real estate sector.
