Arkan, one of the leading UAE-based companies in general contracting, real estate development, and infrastructure projects, has announced an ambitious expansion plan targeting the Egyptian real estate market. As part of its regional growth strategy, the company intends to invest over EGP 10bn in its initial phase, reflecting its vision for sustainable growth and value-added sectors, Invest-Gate reports.
The company unveiled a new investment entity, SLCITI, designed to serve as the cornerstone of its regional expansion in Egypt. The launch of SLCITI aims to provide an in-depth understanding of the Egyptian market and identify promising investment opportunities in real estate, infrastructure, and smart urban technologies, aligning with Egypt’s comprehensive urban development vision and leveraging Arkan’s regional expertise to execute projects with long-term economic and developmental impact.
In a statement, Arkan emphasized that entering the Egyptian market is a strategic move within its regional expansion plan, demonstrating confidence in Egypt’s economic stability, particularly in the real estate sector, a key driver for growth and foreign investment. The company highlighted that it will soon initiate targeted dialogue initiatives with industry decision-makers and accredited research centers to accurately analyze market trends.
The statement added: “Through SLCITI, Arkan seeks to integrate advanced digital technologies into its operations, employing big data analytics and artificial intelligence to monitor Egyptian real estate trends in real time. This allows the SLCITI team to collect and analyze investor and customer insights, producing reports that support investment decisions grounded in factual evidence.”
Arkan’s plan focuses on developing a diverse portfolio of residential, commercial, and administrative projects in Egypt, prioritizing high-quality standards and modern design. This approach reinforces Egypt’s position as a leading investment destination in the Middle East and Africa, reflecting Arkan’s confidence in the local market’s capacity to absorb large-scale, long-term investments and its commitment to contributing to Egypt’s comprehensive urban development under the Egypt 2030 vision.
Sheikh Muslim Al Amri, Managing Director of Arkan, stated: “The Egyptian market offers an ideal investment environment due to growing demand and the ambitious urban projects launched by the government, supported by a stable and promising investment climate. Our investments in Egypt represent a long-term commitment to developing high-value assets that meet global standards of quality and innovation. Arkan will not only deliver real estate projects but also transfer expertise in asset management and development to ensure strong returns for investors and clients.”
Al Amri added that the company will immediately begin identifying strategic investment opportunities in key areas and new cities, with a focus on mixed-use projects combining luxury residential, commercial, and administrative facilities. “This approach integrates modern lifestyles with investor needs and reflects our philosophy of creating comprehensive communities that deliver real added value,” he said. He further emphasized that applying UAE standards in general contracting and infrastructure projects, in collaboration with local partners, will enhance operational efficiency, improve service quality, and introduce innovative asset management practices in Egypt. He concluded that Arkan’s substantial investment signals the attractiveness of the Egyptian market amid global economic changes and confirms Egypt’s capacity to attract leading regional and international companies.