UAE’s Arkan enters Egyptian real estate market with $212 million SLCITI launch

The company said it plans to invest more than EGP 10 billion during the initial phase of its Egypt push, targeting one of the region’s fastest-growing real estate markets.

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Women's Tabloid News Desk

Arkan Contracting, one of the UAE’s major players in general contracting, real estate development, and infrastructure, has announced its entry into Egypt’s property market as part of a broader regional expansion strategy.

The company said it plans to invest more than EGP 10 billion during the initial phase of its Egypt push, targeting one of the region’s fastest-growing real estate markets. Arkan described the move as aligned with its ambition to strengthen its presence across high-potential markets in the Middle East.

Central to this expansion is the establishment of a new entity, SLCITI, which the company described as an innovative investment model designed to anchor its operations in Egypt. According to Arkan, SLCITI will take the lead in conducting detailed market analysis and identifying development opportunities in partnership with leading organisations in real estate, infrastructure, and smart urban technologies. The company noted that this approach fits with Egypt’s long-term urban development plans and draws on Arkan’s experience in delivering large-scale, strategically significant projects.

Arkan added that Egypt’s favourable investment climate, ongoing government emphasis on sustainable development, and supportive business environment were key factors behind the decision. The company confirmed that it will soon launch a series of high-level discussions with sector leaders and accredited research centres to obtain deeper insights into market trends.

SLCITI will also adopt advanced digital tools to support its operations. Arkan said the new entity will use big data analytics and artificial intelligence to track real-time shifts in Egypt’s real estate sector. These technologies will help SLCITI gather and evaluate investor and customer sentiment, generating regular reports to guide data-driven investment strategies.

The company’s long-term plans include developing a mix of residential, commercial, and administrative projects, placing strong emphasis on contemporary design and high-quality standards.

Managing Director of Arkan, Sheikh Muslim Al-Amri, said the company’s entry into Egypt signals a long-term commitment to building high-value real estate assets that meet global standards of quality and innovation. “Arkan’s investments in Egypt represent a long-term commitment aimed at developing high-value real estate assets that meet global standards of quality and innovation,” he said. He added that the company intends to bring its expertise in property development and asset management into the Egyptian market to ensure strong returns for both clients and investors.

Al-Amri also said Arkan will immediately begin evaluating prospective locations and emerging urban centres, with a focus on mixed-use developments combining luxury housing with modern commercial and administrative spaces.

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