Egypt Signs 11 Trillion Pound Real Estate Deal

Egypt and Talaat Moustafa Group signed an 11 trillion pound agreement to develop four major real estate projects. The developments include residential, industrial, and coastal destinations.

An employee holds U.S. dollar bank notes at a money changer in Jakarta, Indonesia, April 9, 2025. REUTERS/Willy Kurniawan

Egypt and Talaat Moustafa Group Holding signed an 11-trillion-Egyptian-pound ($202 billion) agreement on Tuesday afternoon. The pact covers four mixed-use real estate projects across the country. The initiative aims to accelerate urban expansion and draw foreign capital.

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