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STM Investment targets EGP 200bn in Kayan City sales over five years

Summary by Daily News Egypt
STM Investment has announced the launch of Kayan City, a mixed-use urban development spanning more than 22,000 feddans in East Cairo, featuring approximately 40,000 residential units, two hotels with a combined capacity of 1,000 rooms, and commercial, educational, healthcare and recreational facilities. Located along the extension of South 90th Street in New Cairo, west of the New Administrative Capital, the project is being developed under a lo…
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The STM investment company aims to achieve sales of more than 200 billion pounds from the first phase of the city's project in five years. Shady Salim, the CEO of the company, said that the city was located in the area of 22,000 acres in new Cairo, west of the administrative capital, and aimed to present a model of integrated cities that combined housing and services in one direction. [...] The article on investment aimed at 200 billion pounds o…

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Daily News Egypt broke the news in Egypt on Sunday, October 18, 2026.
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