Tatweer Misr has signed a strategic partnership agreement with Nations of Sky, the real estate development arm of the Future of Egypt, also known as Mostaqbal Misr, to develop a 400-feddan land plot into an integrated coastal destination on Egypt’s North Coast.
Dr. Ahmed Shalaby, Co-Founder, President & CEO of Tatweer Misr, and Eng. Tamer Nabil, Vice Chairman of Nations of Sky, attended the signing ceremony, marking the announcement of a collaboration rooted in both companies’ shared vision to develop integrated, sustainable communities and deliver added value to Egypt’s real estate market.
The project forms part of Tatweer Misr’s strategy to expand its presence on the North Coast, one of Egypt’s key real estate development destinations. The expansion comes as the coastal area continues its gradual transformation into a year-round tourism and investment hub, creating new opportunities for real estate investment and development.
Marking Tatweer Misr’s fourth development on the North Coast, the new project will join the company’s existing portfolio, which includes Fouka Bay, D-Bay, and Salt. These developments demonstrate the investment and development value of strategic partnerships in supporting the area’s growth and enhancing its global competitiveness. Tatweer Misr will lead the development of the land in line with a vision centered on high-quality master planning and operational efficiency, delivering services that meet international standards and an integrated experience that responds to customers’ aspirations while keeping pace with the destination’s growing momentum year after year.
This partnership reflects a shared vision between Tatweer Misr and Nations of Sky for Real Estate Development, which serves as the Future of Egypt Authority for Sustainable Development’s arm for real estate and urban development. — built upon the distinguished expertise of both companies in developing integrated urban communities. Nations of Sky brings a proven track record in developing landmark projects, led by ‘JIRIAN’, the first real estate development within the New Delta project, supporting an integrated national vision that merges urban development, food security enhancement, and economic sustainability. This is alongside ‘Perla’ on the North Coast, ‘Zomra East’ in New Cairo, the ‘SkyRidge’ series in East Cairo, and its latest launch, the ‘ORB’ project in West Cairo.
This partnership marks the beginning of strategic collaboration between the two companies to develop and transform the agreed-upon land in accordance with the highest standards of quality.
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