The company will deploy an undisclosed amount over the next five years into real estate developments.
Cairo-headquartered real estate company Madinet Masr has launched a CVC fund to invest in real estate startups.
The size of the fund was not disclosed.
Salah Katamish, senior vice president of strategy and investments at Madinet Masr, announced the company’s new corporate venture capital fund at Egypt’s AI summit RiseUp 2025.
Madinet Masr is one of Egypt’s biggest real estate companies. The company aims to expand its investments globally. “We know we can’t do everything, we just have the land. That’s why we form strategic alliances with the best mall operators, club operators and innovators in the field,” said Katamish during the fund launch as reported by multiple Egyptian news outlets.
Operating in a sector that traditionally is slow to innovate, the company said it is actively embracing new ideas and partnerships.
