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المصري اليوم
Sisi to Talaat Mustafa and Hassan Allam
On the second day of the Egypt 2026 Forum, President Abdel Fattah El Sisi attended, and during the "Urban and Construction Development" session, he called for the construction of 200,000 rental housing units as a community service, with the participation of both the state and the private sector. Businessmen Hisham Talaat Mustafa and Hassan Allam announced their efforts to contribute to this initiative, with Mustafa signing an agreement to develop projects valued at up to 11 trillion Egyptian pounds (approximately $200 billion), reaffirming the private sector's commitment to providing housing and service opportunities for the community. The discussion also highlighted the importance of substantial investments to ensure the success of these projects, with Sisi urging for increased investments and emphasizing the need for active private sector participation in Egypt's development.
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