Tatweer Misr, one of Egypt’s leading real estate developers, announced its financial and operational results for the first half of 2026, delivering strong performance across sales, construction, and deliveries, driven by growing demand for its diversified portfolio of projects across four strategic destinations in Egypt, Invest-Gate reports.
EGP 50.5bn in Contracted Sales During H1 2026
The company recorded contracted sales of EGP 50.5bn during H1 2026, compared to EGP 12bn during the same period in 2025, representing a growth of approximately 321% and more than 4.2 times the sales achieved in H1 2025. The company sold approximately 3,000 units, with a total built-up area of around 300,000 sqm.
As a result, Tatweer Misr’s cumulative sales since its establishment in 2014 exceeded EGP 150.5bn, while the total sold built-up area surpassed 2.7 million sqm, and the number of customers exceeded 20,200 clients.
On the financial front, Tatweer Misr recorded profits of EGP 1.2bn in 2025. During the company’s General Assembly meeting held last June, a number of resolutions were approved, reflecting the company’s improved financial performance and commitment to maximizing shareholder value. These included the distribution of EGP 200mn in cash dividends by Tatweer Misr for Projects, the owner of D-Bay, to its shareholders, marking the first time the company has distributed dividends. The General Assembly also approved the distribution of bonus shares worth a total of EGP 675mn in the form of coupons to shareholders, as part of a plan to increase the capital of Tatweer Misr for Tourism Investment from EGP 275mn to nearly EGP 1bn.
IL Monte Galala Towers & Marina Drives Sales Surge
The performance builds on the strong results achieved by the company since the beginning of the year. During Q1 2026, Tatweer Misr recorded contracted sales exceeding EGP 43bn, equivalent to its full-year sales target for 2026, with 2,225 units sold, representing a built-up area of more than 260,000 sqm. These results were mainly supported by the successful launch of the IL Monte Galala Towers & Marina project, part of IL Monte Galala on the Red Sea coast.
IL Monte Galala Towers & Marina recorded sales exceeding EGP 38bn within just five days of its launch, with the entire project sold out. Sales from the project accounted for approximately 75% of Tatweer Misr’s total sales during the first half of the year.
Dr. Ahmed Shalaby, Co-Founder, President and CEO of Tatweer Misr, said: “Tatweer Misr’s H1 2026 results reflect the strength of our business model and its ability to deliver exceptional sales growth, while continuing to make progress in construction and deliveries and making the necessary investments to maintain targeted completion rates. These results also demonstrate customers’ confidence in the destinations we develop and our ability to deliver integrated projects that meet growing demand and create sustainable long-term value.”
He added: “The commencement of dividend distributions to shareholders for the first time in the company’s history represents an important milestone in our journey. It reflects the evolution of our financial performance, the strength of our financial position, and our ability to generate returns for shareholders, while continuing to invest in our project portfolio and expansion and growth plans for the coming phase. Going forward, we will focus on accelerating construction and delivery, maximizing value from our existing projects, and continuing to develop integrated urban and tourism destinations capable of generating sustainable economic impact.”
EGP 7bn in Construction Investments and 6,900 Units Delivered
On the construction front, Tatweer Misr maintained a strong pace of construction and delivery, with more than 6,900 units delivered since the company began its delivery operations in 2019 through the end of H1 2026. The company is targeting the delivery of approximately 2,200 units during the current year, across a portfolio comprising six major projects in four strategic destinations.
To support its construction plans, the company invested approximately EGP 7bn in construction activities during H1 2026, reflecting its continued commitment to injecting the necessary investments to maintain targeted delivery schedules while adhering to quality standards.
This performance reflects the strength of Tatweer Misr’s vertically integrated business model, which enables the company to manage various stages of the real estate development cycle, from planning and design through construction, operations, and community management. This supports its ability to control construction quality, accelerate completion rates, and maximize the long-term value of its asset portfolio.
Expanding Coastal Destinations and Supporting Yacht Tourism
IL Monte Galala Towers & Marina is among the company’s key strategic projects, developed through a public-private partnership between the Ministry of Housing, Utilities and Urban Communities and Tatweer Misr, with investments exceeding EGP 50bn and spanning approximately 470,000 sqm along the Red Sea coast.
The project offers an integrated year-round urban and tourism destination, combining residential, hospitality, commercial, and entertainment components, alongside a marina and an exhibition and convention center. It is being developed in partnership with a number of international companies and global experts in operations, facility management, and hospitality, including Marriott International of the United States for hotel operations; IGY Marinas of the United States as a consultant for marina management and operations; PCI Reality of the United Kingdom for the management and operation of the exhibition and convention center; and Schneider Electric of France as a technology partner supporting smart infrastructure, energy efficiency, and sustainability. These partnerships contribute to the growth of yacht tourism and the exhibitions and conferences sector, while maximizing the economic and tourism value of coastal destinations.
The project also supports the government’s objectives of increasing hotel capacity and enhancing Egypt’s competitiveness as a global tourism destination, in line with the target of welcoming 300mn tourists by 2030, by developing integrated destinations capable of attracting investment, creating jobs, and maximizing the economic returns of coastal areas.
As part of its vision to develop a new generation of coastal destinations, Tatweer Misr continues to implement its strategy extending from the Red Sea to the Mediterranean. Salt Marina , part of the Salt project, represents one of its key developments on the Mediterranean coast.
ٍSalt Marina spans approximately 340,000 sqm, with investments of EGP 28bn. At its center is a world-class marina spanning 105,000 sqm, complemented by a 2.65-kilometer waterfront and three Crystal Lagoons® covering a combined area of 30,000 sqm.
Through the project, the company is introducing the first integrated model of interconnected waterfront destinations developed by an Egyptian company. The model is based on linking its coastal projects through an integrated operational system that enhances maritime mobility, promotes yacht tourism, enriches customer experiences, and creates greater economic value for each destination. This model is embodied in the “Tatweer Misr North Club” concept, which connects Salt, Fouka Bay, and D-Bay within a unified network. This strengthens integration between the destinations, provides a more comprehensive experience for yacht owners and visitors, and supports the positioning of the North Coast as an integrated maritime destination.
The “Tatweer Misr North Club” also provides opportunities for future expansion by incorporating new coastal destinations into the network, enhancing the investment and tourism value of Tatweer Misr’s coastal portfolio and supporting its vision of building an integrated network of maritime destinations along the Mediterranean coast.
The project is expected to create approximately 5,000 direct and 15,000 indirect job opportunities, attract around 600,000 visitors during the season, generate expected annual revenues of EGP 3bn, and deliver an estimated annual economic impact of approximately EGP 6bn.
Tatweer Misr’s H1 2026 results reflect the company’s continued implementation of its long-term strategy based on innovation, strategic partnerships, and operational excellence, supporting its growth and expansion plans and strengthening its contribution to Egypt’s urban and tourism development.
About Tatweer Misr
Established in 2014, Tatweer Misr is a leading Egyptian joint-stock company whose business model is based on vertical integration across all areas of real estate development. The company also has an ambitious vision to create integrated communities based on innovation, sustainability, and quality, setting new standards in real estate development. Innovation lies at the heart of Tatweer Misr’s identity and is reflected across all aspects of its operations, from urban planning and design to construction, smart infrastructure, and the overall community living experience. This reinforces the company’s commitment to global sustainability standards and practices and the implementation of Environmental, Social, and Governance (ESG) principles, ensuring responsible, future-focused growth.
Tatweer Misr embodies this vision through a portfolio of six landmark projects, strengthening its presence in some of the most strategic locations across Egypt. These include IL Monte Galala in Ain Sokhna overlooking the Red Sea, as well as three projects along the North Coast that are redefining the concept of coastal living: Fouka Bay, D-Bay, and Salt. In East Cairo, the portfolio includes Bloomfields, a mixed-use residential project in Mostakbal City, in addition to Rivers, an upscale residential project in West Cairo designed to redefine modern and sustainable living.
Through its development vision, operational excellence, and human-centered value proposition, Tatweer Misr continues to shape a smarter and more sustainable future for Egypt’s real estate sector.
Over the years, Tatweer Misr has successfully introduced an elevated standard of living by providing operational services and integrated facility management solutions, a commitment reflected in the experiences of its customers and visitors across its projects.