- CEO
- Hashem Hashem Al-Desouky
- Sector
- Finance
- Industry
- Real estate development
- Address
- Cairo Egypt
- IPO Date
- Sep 1, 1994
- Business
- Egyptians Housing Development & Reconstruction S.A.E. is an Egypt-based public shareholding company engaged in real estate investment, property development, general contracting, and urban reconstruction. Founded in 1986 and headquartered in Cairo, Egypt, the company operates primarily across the domestic Egyptian market, delivering integrated urban communities and property solutions. The company’s core business activities and offerings encompass residential real estate development, including the planning, construction, and marketing of integrated residential compounds, multi-family housing complexes, and suburban developments; commercial and administrative real estate, involving the construction, leasing, and management of shopping centers, retail plazas, business parks, and mixed-use commercial properties; land acquisition, subdivision, and site preparation, comprising the procurement, infrastructure servicing, and master-planning of raw land plots for residential, commercial, and tourist use; general contracting and civil works, encompassing structural construction, architectural finishing, infrastructure installations, and renovation projects; and property management and auxiliary services, providing facility operations, asset maintenance, commercial leasing, and real estate marketing support. In recent strategic developments, Egyptians Housing Development & Reconstruction executed a major corporate consolidation through a landmark horizontal merger that absorbed four affiliated real estate and investment entities, namely Emerald Real Estate Investment, Edge Urban Development, Al Safwa for Urban Development, and Orouba Towers for Real Estate Investment. This multi-company consolidation significantly expanded the company’s capital base, enhanced its execution capabilities, and integrated prime income-generating commercial and administrative assets, such as the Emerald Twin Plaza complex, into its consolidated portfolio. Following the merger, the company completed authorized and paid-up capital increases approved by the Egyptian Financial Regulatory Authority and the Egyptian Exchange, while pursuing strategic partnerships and commercial development ventures to accelerate project delivery across Greater Cairo and prime regional growth corridors.