UAE-Egypt alliance to develop a 500-feddans land portfolio in strategic locations across Cairo and the Delta.
Direct Emirati investments strengthen Egypt’s real estate sector and reflect the deep economic ties between the two countries
DCUD- Delta Capital for Urban Development, the leading real estate developer in the Delta region, signed a major strategic partnership agreement with Emirates Global (EGRI), a subsidiary of NCE Group, to launch a series of integrated mixed-use projects with estimated investments reaching USD 500 million. The move enhances the attractiveness of Egyptian real estate investment and reflects the deep economic ties between Egypt and the UAE, Invest-Gate reports.
The agreement was signed during a grand ceremony held in Cairo, attended by H.E. Hamad Obaid Al Zaabi, Ambassador of the United Arab Emirates to the Arab Republic of Egypt, along with a number of ministers, ambassadors, presidents of major sports clubs, and leading businessmen and investors from both countries. The agreement was signed by Eng. Mr. Abdel Hady Hegazy, Chairman of DCUD- Delta Capital for Urban Development, and Mr. Badr Fares Al Hilali, Chairman of Emirates Global (EGRI), in the presence of executives from both sides.
The partnership aims to develop a land portfolio covering 500 feddans, where investments will be directed toward establishing mixed-use projects that combine residential, commercial, and service activities in strategic locations including Cairo, Kafr El Sheikh, and El Mahalla El Kubra. Construction works are scheduled to begin in 2027 according to the highest international standards in design and execution.
Direct Investments Strengthen Egypt’s Real Estate Sector
On this occasion, Eng. Abdel Hady Hegazy, Chairman of DCUD- Delta Capital for Urban Development, stated: “Today, we are laying the foundation stone for a new phase of urban expansion targeting promising areas outside the traditional scope, further strengthening our position as the best real estate developer in the Delta. Our cooperation with a UAE partner the size of Emirates Global (EGRI) reflects Arab investors’ confidence in the strength of the Egyptian economy and is a testament to Delta Capital’s ability to create unique real estate products in the Delta and Cairo while delivering value-added projects.”
For his part, Mr. Badr Fares Al Hilali, Chairman of Emirates Global (EGRI), expressed his pride in this partnership, saying: “NCE Group and Emirates Global Real Estate Investment possess a long-standing history in asset and real estate management regionally and globally. Our choice of DCUD- Delta Capital for Urban Development was based on its strong track record of achievements and its unique ability to operate projects effectively and deliver them ahead of schedule. Our decision to inject these substantial investments into Egypt stems from our deep belief in the promising opportunities of the Egyptian economy, especially projects serving major urban communities in the governorates.”
Reliance on Global Expertise and Advanced Quality Standards
To reinforce international quality standards, the new partnership relies on the distinguished engineering expertise of YBA as the general consultant for the company’s projects, ensuring innovative architectural designs that rival top international developments. This step extends the operational policy that enabled DCUD- Delta Capital for Urban Development to win the Best Real Estate Developer in the Delta award at Egypt Best Summit 2023, a distinction certificate for Best Project Design in New Mansoura, in addition to the Project of the Year award for Isla, currently under construction on the Eastern Coast, from Invest-Gate.
Delta Capital and Emirates Global: A Strong Record of Growth and Expansion
DCUD- Delta Capital for Urban Development was established in 2015 and has successfully created an urban transformation on the Delta Coast along the Mediterranean Sea, where it developed three major projects over an area of 120 feddans. Two of these projects are already operational with a total of 4,000 units, while the third project is currently being delivered. Its market strength is also reflected in its partnership with Nations of Sky to develop the “Isla” project in New Mansoura over 334 feddans, whose first phase achieved record sales of EGP 15 billion in 2025.
Emirates Global (EGRI) is part of NCE Group, founded by Mr. Badr Fares Hilal Al Hilali in 1981 and headquartered in Abu Dhabi. The group owns a diversified portfolio of companies specializing in facilities management, security services, and engineering, with investments across the UAE, Egypt, the United Kingdom, the United States, Bahrain, and India.