Transaction

Banque Misr-led consortium invests EGP 4 billion in Ora Developers for the ZED El Sheikh Zayed project in Egypt

Announced

11 July 2026

Target

ORA Developers Egypt for Real Estate Investment

Value

$80m

Asset class

Private Credit

Type

Debt Financing

Instrument

Syndicated Loan

Lead investors

Banque Misr S.A.E.

Investors

Banque Misr S.A.E., Export Development Bank of Egypt, Housing and Development Bank (HDB), Emirates NBD Egypt S.A.E.

Sector

Real estate and housing / Real Estate Services

Markets

Egypt

About the target

Ora Developers is an Egyptian real estate development company founded in 2016 by businessman Naguib Sawiris. Headquartered in Cairo, the company focuses on creating high-quality, luxury lifestyle destinations and mixed-use communities. Ora Developers is known for its flagship projects, which include ZED El Sheikh Zayed, ZED East in New Cairo, Solana, and the coastal development SilverSands on the North Coast. The company is the Egyptian arm of the global Ora Developers group, which operates in several countries.