Madkour Developments real estate strategy gains momentum as Madkour Holding launches a new chapter of integrated growth.
Madkour Holding announced the launch of Madkour Developments after more than 30 years of continuous construction and development. This step strengthens the group’s position as a major player in Egypt’s real estate sector. It also confirms the company’s commitment to long-term expansion.
The Board of Directors named Eng. Ahmed Attia as CEO of Madkour Developments. He now leads an ambitious strategy supported by strong finances and advanced execution capabilities.
Dr. Mostafa Madkour, Chairman of Madkour Holding, said that launching Madkour Developments marks a natural evolution in the group’s journey. The company builds on major national projects and complex infrastructure achievements. These projects reflect consistent quality and long-term vision.
He explained that the new entity will follow an urban development approach that focuses on innovation and sustainability. This approach also reflects the needs of the Egyptian market, which continues to grow and shift.
Eng. Hisham Madkour. Vice Chairman of Madkour Holding. confirmed that entering the real estate development sector reflects confidence in the Egyptian market. Furthermore, it shows the company’s belief in the market’s ability to attract local and foreign investment.
He added that the company will soon reveal a portfolio of well-planned projects. These projects rely on strong execution capabilities that Madkour has developed over decades.
He also expressed full confidence in Eng. Ahmed Attia’s leadership. Attia’s experience in managing major projects strengthens Madkour Developments real estate ambitions. It also supports the company’s transition into a new growth phase.
Hisham Madkour noted that the company enters the market not as a traditional developer but as a fully integrated entity. The company has deep experience in infrastructure, national projects, and residential community management.
He said, “Our strategy is clear — we deliver tangible realities. Our first project in the New Capital’s financial and business district is already under construction and close to completion. This progress proves our commitment. We transfer our smart city expertise into our own projects to deliver sustainable and practical real estate products.”
Eng. Ahmed Attia explained that the company’s first project in the New Capital is designed as a model of sustainable construction. It includes advanced smart operation systems that match global standards.
He added, “Our advantage is clear. The technologies we apply are tested and proven. We used them in the New Capital, Galala, and Toshka. These systems support energy efficiency and smart management. They also reduce operating costs and prepare buildings for the future.”
Madkour Group, founded by Dr. Mostafa Madkour, is one of Egypt’s leading national conglomerates. The group operates in energy, infrastructure, industry, and residential community management. It manages a business volume of more than $1bn and employs over 6,000 people. The company has delivered more than 120 major projects across Egypt, the Arab region, and Africa.
Madkour Developments real estate strategy reflects a clear shift toward integrated, sustainable, and technologically advanced development. With strong leadership and proven expertise, the company is positioned to shape the next phase of Egypt’s urban future.
