Egypt and Oman Explore Joint Investments in Real Estate

Egypt and Oman explore cross-border real estate and urban development partnerships, with a delegation representing 20 Omani developers examining investment opportunities across Egypt’s new cities and coastal destinations.

Egypt and Oman are exploring joint investment opportunities in real estate and urban development as both countries seek to strengthen bilateral partnerships and expand cooperation in the property sector. Egypt’s Minister of Housing, Utilities and Urban Communities, Randa Al-Minshawi, meets Omani Ambassador to Cairo Abdullah bin Nasser Al-Rahbi and a delegation from Oman’s Ministry of Housing and Urban Planning to discuss potential areas of collaboration.

The Omani delegation includes representatives from 20 leading real estate development companies interested in understanding Egypt’s urban development experience and identifying potential investment opportunities in the country. Discussions focus on establishing joint ventures and creating long-term partnerships between developers and investors from both nations.

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During the meeting, Al-Minshawi highlights the investment potential available to Omani companies, particularly in newly developed cities managed by Egypt’s New Urban Communities Authority (NUCA) and coastal destinations overseen by the Tourism Development Authority. She also emphasises the importance of providing investors with information about available projects, land allocation procedures and the regulatory frameworks governing property investments.

Al-Rahbi expresses Oman’s interest in learning from Egypt’s experience in developing new cities and expanding urban communities. He also highlights the potential for joint development projects across different segments of the real estate market.

Following the bilateral discussions, officials from both countries conduct an expanded meeting with the visiting developers and investors. The session includes a presentation on Egypt’s urban development progress, investment mechanisms and available land opportunities across residential, commercial, administrative, tourism and entertainment segments.

The Omani delegation also presents examples of its country's urban development initiatives, including Sultan Haitham City, Al-Jabal Al-Ali and the Sorouh initiative, providing an overview of Oman’s ongoing development activities.

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Both sides agree to maintain coordination and facilitate information exchange to help advance potential cross-border investments and partnerships. The discussions reflect growing interest in leveraging the development experience and investment capabilities of both countries to support new real estate projects and strengthen economic cooperation.