Mohamed Mansour, Chairman of Al Oula Developments, affirmed that the Egyptian government
has played a pivotal role in rapidly advancing the development of New Alamein City with exceptional
implementation rates He emphasized that these accomplishments reflect the state’s strategic vision
for urban expansion and the sustainable development of the Northwest Coast
Speaking at the Mediterranean Investment Gateway (MIG) Forum, Mansour noted that New Alamein
and the wider Northwest Coast have emerged as some of the most promising hubs for real estate and
tourism investment in Egypt, attracting interest from both local and international investors
This is driven by the diverse and promising investment opportunities available across the region
New Alamein: Fourth-Generation Cities Driving Egypt’s Urban Boom
Mansour highlighted the critical role of fourth-generation cities in propelling Egypt’s urban development
pointing to the extensive infrastructure projects being undertaken by the state in these areas He explained
that these cities represent the future of urban growth in Egypt, characterized not merely by physical expansion
but by fully integrated developments incorporating modern technology, artificial intelligence (AI), and sustainability
principles These advancements enhance the quality of life for residents and significantly boost the competitiveness
of Egypt’s real estate market on both regional and global levels
Al Oula Developments’ Expansion Plans in West Cairo
During his speech, Mansour reviewed Al Oula Developments’ portfolio in West Cairo
highlighting the company’s successful completion of multiple high-quality projects tailored
to diverse client needs He affirmed that these projects align with the company’s strategic vision
to expand into promising districts that complement the government’s broader urban development goals
Mohamed Mansour’s insights at the MIG Forum reinforce the growing significance of New Alamein and the
Northwest Coast as epicenters of sustainable urban development and investment in Egypt The integration
of smart technologies and infrastructure investments positions these regions as attractive destinations for
both real estate and tourism sectors, supporting Egypt’s long-term economic growth
