Horizon Egypt Developments has announced the signing of a strategic partnership agreement with global technology leader Hikvision, aimed at integrating advanced smart city solutions across its real estate portfolio in Egypt, Invest-Gate reports.
The collaboration will be implemented across several of Horizon’s flagship developments, including Saada New Cairo, Saada Sahel, and Saada Boutique, reinforcing the company’s positioning as a developer of modern, smart, and sustainable urban communities.
The partnership aligns with Horizon Egypt’s long-term vision to develop fully integrated urban destinations that are future-ready and powered by advanced technologies for city management and operations. Through this agreement, Horizon Egypt seeks to enhance operational efficiency, safety standards, and overall quality of life for residents by adopting intelligent, data-driven solutions across its developments.
Senior executives from Horizon Egypt Developments welcomed a high-level delegation from Hikvision, led by Mr. Xu Peng, General Manager of Hikvision, during his first official visit to Egypt.
The delegation also included regional executives from the Middle East and Europe, alongside Hikvision’s local management team in Egypt. The Memorandum of Understanding (MoU) was signed at Horizon Egypt’s headquarters in Cairo.
The visit comes as part of Hikvision’s broader expansion strategy in key growth markets, with Egypt recognized as one of the region’s most promising destinations for smart infrastructure and digital transformation.
Founded in 2001, Hikvision operates in more than 180 countries worldwide, specializing in AI-powered security solutions and Internet of Things (IoT) technologies. The company’s global expertise in smart city development aligns with Horizon Egypt’s ambition to deliver future-oriented, sustainable communities.
Under the agreement, Hikvision will provide a comprehensive suite of smart city technologies, including AI-based video security systems, vehicle recognition solutions, centralized command and control platforms, smart access control, intercom systems, digital signage, and smart poles. These solutions will be fully integrated into Horizon Egypt’s operational and property management ecosystem to ensure seamless, intelligent, and efficient city operations.
A core objective of the partnership is the establishment of a unified Command and Control Center, enabling Horizon Egypt to centrally manage community operations, facilities, and services across its projects. This integrated operational model is expected to enhance sustainability, optimize resource utilization, and elevate the residential experience across Horizon’s developments.
Commenting on the partnership, Horizon Egypt Developments administration stated:“This strategic collaboration reflects our firm belief in the pivotal role that integrated smart solutions play in enhancing quality of life within our communities. Smart cities are a cornerstone of the future of real estate development, ensuring safer, more sustainable environments with high operational efficiency for our residents.”
The company administration added: “Our strategy is built on adopting global best practices and partnering with leading international technology providers such as Hikvision. Through this approach, we aim to set new benchmarks for the Egyptian real estate sector, delivering developments that meet the evolving expectations of both local and regional markets.”
For its part, Hikvision commented: “We are proud to partner with Horizon Egypt Developments, a company with a clear and ambitious vision for smart, integrated communities. This partnership represents a strong model for collaboration between real estate development and advanced technology, driving innovation and delivering tangible improvements in urban living standards.”
Horizon Egypt Developments is considered one of the emerging real estate developers in the Egyptian market, supported by a strategic land bank and a development philosophy centered on quality and innovation. The company operates under the leadership of H.H. Sheikh Dr. Majid bin Saeed Al Nuaimi, Chairman of the Amiri Diwan of the Emirate of Ajman and Chairman of Horizon Egypt Developments, and remains committed to delivering globally benchmarked developments that blend modernity with cultural authenticity to create fully integrated living experiences.