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Mohamed Mansour on New Alamein A Leading Hub for Real Estate and Tourism Investment

Written by: Ahmed Saad

Mohamed Mansour, Chairman of Al Oula Developments, affirmed that the Egyptian government

has played a pivotal role in rapidly advancing the development of New Alamein City with exceptional

implementation rates He emphasized that these accomplishments reflect the state’s strategic vision

for urban expansion and the sustainable development of the Northwest Coast

Speaking at the Mediterranean Investment Gateway (MIG) Forum, Mansour noted that New Alamein

and the wider Northwest Coast have emerged as some of the most promising hubs for real estate and

tourism investment in Egypt, attracting interest from both local and international investors

This is driven by the diverse and promising investment opportunities available across the region

 New Alamein: Fourth-Generation Cities Driving Egypt’s Urban Boom

Mansour highlighted the critical role of fourth-generation cities in propelling Egypt’s urban development

pointing to the extensive infrastructure projects being undertaken by the state in these areas He explained

that these cities represent the future of urban growth in Egypt, characterized not merely by physical expansion

but by fully integrated developments incorporating modern technology, artificial intelligence (AI), and sustainability

principles These advancements enhance the quality of life for residents and significantly boost the competitiveness

of Egypt’s real estate market on both regional and global levels

Al Oula Developments’ Expansion Plans in West Cairo

During his speech, Mansour reviewed Al Oula Developments’ portfolio in West Cairo

highlighting the company’s successful completion of multiple high-quality projects tailored

to diverse client needs He affirmed that these projects align with the company’s strategic vision

to expand into promising districts that complement the government’s broader urban development goals

Mohamed Mansour’s insights at the MIG Forum reinforce the growing significance of New Alamein and the

Northwest Coast as epicenters of sustainable urban development and investment in Egypt The integration

of smart technologies and infrastructure investments positions these regions as attractive destinations for

both real estate and tourism sectors, supporting Egypt’s long-term economic growth