Emirati-backed Horizon Egypt unveils EGP 42 billion projects in New Cairo
Horizon Egypt Developments, backed by Emirati investment led by Sheikh Dr Majid bin Saeed Al Nuaimi, Chairman of the Ajman Ruler’s Emiri Court, is set to transform New Cairo with the launch of the EGP 42 billion Royal Saeed Towers.
The landmark project, spanning 28 acres, will feature a mix of luxury residences, world-class hospitality, and high-end commercial spaces, reinforcing New Cairo’s status as a hub for premium urban living.
Agreement
The land allocation agreement was signed at NUCA’s headquarters by Sheikh Dr. Majid bin Saeed Al Nuaimi and Eng. Ahmed Ali Mohamed Hassan, Deputy Chairman of NUCA for Real Estate and Commercial Affairs, in the presence of senior officials from both NUCA and Horizon Egypt.
Sheikh Dr. Majid highlighted that the project reflects Horizon Egypt’s commitment to high-value, legacy-driven investments that go beyond conventional construction. He noted New Cairo’s strong economic fundamentals, advanced urban planning, and growth opportunities in tourism, hospitality, and premium services as key drivers for the development.