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Alam El-Roum: Turning Egypt’s North Coast into a Magnet for FDI

Egypt's path to economic resilience is strategically mapped along its Mediterranean coastline. In recent years, the government has launched a robust reform agenda aimed at attracting robust foreign direct investment (FDI) into high-value sectors, such as real estate, tourism, and infrastructure. This drive is not merely about attracting capital, it is about establishing new, integrated urban centers that diversify the economy and secure sustainable foreign currency inflows.

Updated 11/13/2025 12:22:00 PM
Banking alliance grants EGP 5.2B financing for Inertia Egypt's Jefaira project

A banking alliance has successfully concluded a long-term syndicated Islamic financing agreement amounting to EGP 5.2 billion for Inertia Egypt.

Updated 10/21/2025 7:58:00 AM
Emaar launches EGP 9B Palace Beach Resort Marassi in North Coast

Emaar Misr has inaugurated a Palace Beach Resort Marassi in the North Coast’s Marassi development scheme, with investments estimated at EGP 9 billion

Updated 8/3/2025 6:33:00 AM
Egypt to offer Berenice to investors

Egypt is planning to offer the Berenice area to investors among five locations on the Red Sea coast.

Updated 9/30/2024 6:00:00 AM
REDCON Construction implements EGP 15B projects in North Coast

REDCON Construction is currently implementing 10 projects in the North Coast, with total investments of EGP 15 billion.

Updated 9/16/2024 11:34:00 AM
New Jersey Developments launches EGP 50B Jamila North Coast

New Jersey Developments has launched Jamila, its latest residential project on Egypt's North Coast, with an investment of up to EGP 50 billion.

Updated 7/31/2024 12:53:00 PM
Misr Italia Properties to invest EGP 15B in hospitality sector within 6 years

Misr Italia Properties is planning to invest EGP 15 billion within six years to add 982 hotel rooms and set up a hospitality unit in the North Coast, the New Administrative Capital, New Cairo, and Ain Sokhna.

Updated 7/9/2024 8:27:00 AM
Madinet Masr eyes expansion in Cairo, North Coast, Red Sea: CEO

Madinet Masr is seeking to acquire additional land plots in East and West Cairo, the North Coast, and the Red Sea.

Updated 7/3/2024 7:09:00 AM
TMG launches EGP 1T SouthMed project in North Coast

Talaat Moustafa Group Holding (TMG Holding) has unveiled SouthMed, its first project in the North Coast with investments estimated EGP 1 trillion ($21 billion).

Updated 7/2/2024 1:49:00 AM
Boosting Egypt’s Tourism: Coastline Projects’ Potential for Economic Growth

For decades, Egypt's pristine beaches have captivated tourists seeking a taste of paradise. Now, Egyptian tourism officials are setting their sights beyond the allure of traditional beach vacations. Hence, the country is taking steps to elevate the tourism experience and boost economic growth.

Updated 7/1/2024 1:27:00 AM
TMG Holding prepares for South Mead launch in North Coast

Talaat Moustafa Group Holding (TMG Holding) is currently getting ready to launch South Mead, its new project in the North Coast.

Updated 6/8/2024 11:20:00 AM
Abu Dhabi in advanced talks to develop Egypt’s Ras El Hekma

Abu Dhabi is currently in advanced talks to buy and develop Ras El-Hekma land in Egypt’s North Coast

Updated 2/11/2024 8:14:00 AM
Palm Hills denies presence of squatters in its North Coast lands

Palm Hills Development Company (PHDC) denied the presence of squatters in any land owned by the company in the North Coast.

Updated 8/30/2023 12:05:00 PM
Remco, Emaar Alex partner to launch EGP 1B project in North Coast

Remco for Tourism Villages Construction (RTVC) has signed a partnership agreement with the real estate developer Emaar Alex to develop an EGP 1 billion project in Al Alamein’s Sidi Abdel Rahman, the North Coast.

Updated 7/16/2023 11:01:00 AM
Carrefour opens 1st store in Porto Marina in collaboration with ACAP

The opening marks Carrefour and A CAPITAL GROUP’s commitment to delivering unique offers and services to both residents and visitors of the North Coast.

Updated 7/10/2023 8:04:00 AM