Egyptian developer Delta Capital for Urban Development, has signed a landmark strategic partnership agreement with Emirates Global Real Estate Investment (EGRI), a subsidiary of the NCE Group.
The alliance aims to launch a series of integrated, mixed-use projects with estimated investments reaching $500 million, a move set to enhance the attractiveness of Egypt’s real estate market and solidify economic cooperation between Egypt and the UAE.
The signing ceremony, held in Cairo, was attended by H.E. Hamad Obaid Al Zaabi, UAE Ambassador to Egypt, alongside a distinguished assembly of ministers, diplomats, chairmen of major sports clubs, and prominent business leaders from both countries.
The agreement was signed by Eng. Abdelhadi Hegazy, Chairman of Delta Capital (DCUD), and Mr. Bader Fares Al Hilali, Chairman of Emirates Global (EGRI).
The partnership targets the development of a 500-acre land bank.
Investments will be directed toward creating multi-purpose flagship projects—spanning residential, commercial, and service sectors—in strategic locations including Cairo, Kafr El-Sheikh, and El Mahalla El Kubra.
Construction is slated to commence in 2027, adhering to the highest international design and execution standards.
Eng. Abdelhadi Hegazy, Chairman of Delta Capital, commented on the occasion:
“Today, we lay the foundation for a new era of urban expansion, targeting high-potential regions beyond traditional hubs. This collaboration with a partner of Emirates Global’s caliber reflects the Arab investor’s confidence in the Egyptian economy. It is a testament to Delta Capital’s ability to create unique real estate products and deliver value-added projects across the Delta and Cairo.”
Mr. Bader Fares Al Hilali, Chairman of Emirates Global (EGRI), added:
> “The NCE Group and Emirates Global have a long-standing history of regional and international asset management. Our choice of Delta Capital was driven by their proven track record and their unique ability to operationalize projects and deliver ahead of schedule. These substantial investments stem from our deep belief in the promising opportunities within the Egyptian economy, particularly in projects serving major urban clusters in the governorates.”
To ensure world-class quality, the partnership has appointed the renowned YBA Architects as the general consultant for its projects. This move aligns with Delta Capital’s operational excellence, which earned it the “Best Real Estate Developer in the Delta” at the 2023 Egypt for the Best Summit, as well as accolades for its *Isla* project in New Mansoura.
About the Partners
Delta Capital: Established in 2015, Delta Capital has revolutionized the Mediterranean Delta coast. It has developed three major projects spanning 120 acres, with 4,000 units delivered across two fully operational projects. Its flagship Isla project in New Mansoura, spanning 334 acres, achieved record-breaking sales of EGP 15 billion in 2025.
Emirates Global (EGRI):
Part of the Abu Dhabi-based NCE Group (founded in 1981), EGRI manages a diversified portfolio across facilities management, security services, and engineering. The group operates internationally with a footprint in the UAE, Egypt, the UK, the USA, Bahrain, and India.
