Landmark Advances $4 Billion Cairo Project Talks
Deal News | Apr 17, 2025 | Zawya
Landmark Developments, led by Managing Partner Hamad Al Abbar, is in advanced negotiations with the Egyptian government to initiate a massive $4 billion residential and commercial project in Cairo. This endeavor underscores the company's strategic interests in Egypt, where it has already invested $5 billion out of its total $6 billion investments globally. The remaining $1 billion is distributed across Dubai and other international markets. Landmark is also on track to secure deals for two new projects along Egypt's North Coast by the forthcoming summer, further solidifying its commitment to the Egyptian market.
Sectors
- Real Estate
- Construction
Geography
- Egypt – The article focuses on real estate projects and investments by Landmark Developments in Egypt, particularly in Cairo and the North Coast.
Industry
- Real Estate – The article discusses Landmark Developments’ involvement in significant residential and commercial real estate projects in Egypt.
- Construction – The development of a large-scale residential and commercial project in Cairo entails substantial construction activities.
Financials
- $4 billion – The estimated investment value for the residential and commercial project in Cairo by Landmark Developments.
- $6 billion – Total current investments by Landmark Developments, with $5 billion in Egypt.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Landmark Developments | Developer | Company | A real estate company involved in significant projects across Egypt and other regions. |
| Hamad Al Abbar | Managing Partner | Person | Managing Partner at Landmark Developments, representing the company's strategic interests and expansion efforts in Egypt. |
| Egyptian Government | Negotiating Partner | Government | Engaged in advanced talks with Landmark Developments for a major real estate project in Cairo. |