Tatweer Misr records EGP 62bn in contractual sales, invests EGP 9.2bn in 9M 2026

Tatweer Misr recorded contractual sales of EGP 62bn during the first nine months of 2026, selling 3,600 residential units with a combined sold built-up area exceeding 397,000 sqm. The company also invested EGP 9.2bn in construction, development and delivery activities across its projects during the period.

The company said it had offered ready-to-deliver residential units across its developments, including IL Monte Galala, Bloomfields, Rivers, D-Bay and Fouka Bay.

The offering includes flexible payment plans allowing buyers to defer the first instalment for one year from the contract date and pay the remaining balance over a period of up to nine years.

IL Monte Galala in Ain Sokhna accounted for the largest share of Tatweer Misr’s contractual sales during the period, recording EGP 41.5bn.

The company’s North Coast developments, including Fouka Bay, D-Bay and Salt, generated combined sales of EGP 14.35bn. Bloomfields in Mostakbal City, East Cairo, followed with EGP 5.3bn, while Rivers in New Sheikh Zayed, West Cairo, recorded sales of EGP 850m.

Ahmed Shalaby, Co-founder, CEO and Managing Director of Tatweer Misr, said the company’s performance reflected its business model, which is based on a diversified project portfolio and sustained investment in development.

He added that the company continued to focus on integrated developments, including infrastructure and services, while responding to changing customer requirements and long-term market needs.

Tatweer Misr delivered 950 residential units across five projects during the first nine months of 2026.

Bloomfields accounted for the largest share of deliveries, with 380 units, followed by D-Bay with 266 units, IL Monte Galala with 221 units and Rivers with 82 units. Fouka Bay recorded one delivery during the period.