Egypt’s real estate sector is undergoing rapid expansion driven by large-scale urban development, rising international investment, and strong domestic demand, according to, who believes the country is entering a transformative phase of growth across cities, coastal developments, and integrated communities.
In this exclusive interview, Haitham Abdel Azim, CEO at Ora Developers Egypt, discusses Egypt’s New Administrative Capital, the rise of the North Coast as a global investment hotspot, mega-projects such as Ras El Hekma, and the evolution of customer-centric real estate development strategies.
Urban Expansion and National Job Creation
For Abdel Azim, Egypt’s large-scale urban expansion projects are not only reshaping cities but also creating significant employment opportunities.
He points to the development of the New Administrative Capital and New Alamein as key government-led initiatives designed to stimulate job creation and support economic growth.
“I think the government was trying its best during this period of trying to create more jobs,” he explains, highlighting how infrastructure-led development is directly linked to workforce expansion and national economic resilience.
The North Coast and Ras El Hekma Opportunity
One of the strongest drivers of investor interest, according to Abdel Azim, is Egypt’s North Coast — particularly Ras El Hekma.
“For international investors, let’s talk about the North Coast and Ras El Hekma,” he says. “Most international investors will focus on this area.”
He describes the region as uniquely positioned due to its natural advantages, including strong weather conditions and highly attractive Mediterranean beaches — features that differentiate Egypt from many other global real estate destinations.
Abdel Azim emphasizes that Ras El Hekma is expected to become a flagship investment zone, attracting significant international capital and reshaping Egypt’s coastal economy.
Mega Developments and Coastal Urban Growth
The North Coast is also witnessing the rise of several major developments, including Alamein City, Marassi, Alamein Bay, and other large-scale residential and tourism projects.
Abdel Azim notes that these developments are transforming the coastline into a fully integrated economic and lifestyle corridor.
He believes strong investor demand is coming not only from Egypt but also from international markets, including investors from the Gulf and North Africa.
“I think most of the international investors are going to invest in the North Coast” Haitham Abdel Azim, CEO at Ora Developers Egypt
Ora Egypt’s Growth and Project Portfolio
As CEO of Ora Egypt, Abdel Azim highlights the company’s rapid expansion across multiple large-scale developments.
He references flagship projects such as Zed West, Zed East, and Silversands, which have become central to the company’s growth strategy.
“We started in 2019, and nowadays we have delivered about 1000 units,” he explains, noting continued expansion in upcoming phases.
He also points to strong commercial performance in projects such as Silversands, where demand significantly exceeded expectations, reflecting strong market appetite for premium coastal developments.
Silversands and the Rise of Integrated Communities
Silversands stands out as one of Ora Egypt’s most ambitious projects, designed as a fully integrated coastal destination.
Abdel Azim highlights its scale, including a 1.5 km private beachfront, luxury villas, hotels, commercial zones, and landscaped infrastructure.
“It would be one of a kind,” he says.
He explains that the development is designed to offer a complete lifestyle experience, where residents have access to beaches, leisure facilities, commercial centers, and hospitality services within the same community.
Customer-Centric Development Strategy
A central theme in Abdel Azim’s approach is customer-centric design.
“We are all thinking of the customer,” he explains, emphasizing that all projects are designed based on both Egyptian and international buyer needs.
He highlights a shift in the industry toward fully finished properties rather than semi-finished units, noting that this approach improves affordability, quality, and convenience for customers.
“The most expensive thing for customers is finishing specs,” he says, explaining how Ora Egypt transitioned toward fully finished, ready-to-live units that include kitchens and air conditioning.
For Abdel Azim, this model reflects a broader strategy focused on delivering value while improving customer experience across all segments of the market.
Community Design and Lifestyle Integration
Beyond real estate units, Abdel Azim emphasizes the importance of integrated community design.
He explains that each development includes essential lifestyle infrastructure such as clubs, parks, sports facilities, and commercial areas.
“You have a complete community in each and all of your projects,” he says.
Projects are designed to accommodate families, offering recreational spaces for children, sports facilities, and easy access to essential services.
Economic Impact, Jobs and Expansion
Ora Egypt’s rapid growth has also contributed significantly to job creation and economic development.
Abdel Azim notes that the company has expanded from a single project to multiple developments across Egypt, employing hundreds of people annually.
“We hire about 100 or 200 employees every year,” he explains, highlighting continuous expansion in operations.
Over a relatively short period, the company has become one of Egypt’s leading real estate developers, driven by strong demand and rapid project execution.
Egypt’s Natural Advantage and Long-Term Outlook
Abdel Azim believes Egypt holds a unique geographic and environmental advantage, with access to both the Mediterranean and Red Sea offering some of the most attractive coastal conditions in the region.
He argues that this natural positioning, combined with government support and regulatory improvements, creates a strong foundation for long-term growth.
“Things are getting better and better in Egypt,” he says. “Whatever happens, Egypt will continue to be growing.”
Closing Remarks
For Abdel Azim, Egypt’s real estate boom reflects more than just property development — it signals a broader transformation in infrastructure, investment flows, and national economic strategy.
With rising international interest, expanding mega-projects, and a growing focus on customer experience, Egypt’s real estate sector appears poised for continued acceleration in the years ahead.
#HaithamAbdelazim #OraEgypt #EgyptRealEstate #NorthCoastEgypt #RasElHekma #NewAlamein #NewCapitalEgypt #RealEstateDevelopment #EgyptInvestment #UrbanDevelopment #MegaProjects #LuxuryRealEstate #Infrastructure #ConstructionEgypt #InvestmentEgypt #EconomicGrowth #SIMfilms
#HaithamAbdelazim #OraEgypt #EgyptRealEstate #NorthCoastEgypt #RasElHekma #NewAlamein #NewCapitalEgypt #RealEstateDevelopment #EgyptInvestment #UrbanDevelopment #MegaProjects #LuxuryRealEstate #Infrastructure #ConstructionEgypt #InvestmentEgypt #EconomicGrowth #SIMfilms
