Wealth Holding has launched Citra Residence in New Sheikh Zayed City, marking the company’s first residential development in West Cairo with a total investment of EGP 10bn. The project was officially unveiled by Soheir Karim, Non-Executive Chairperson of Wealth Holding, as part of the firm’s 2026 expansion strategy. Mohamed Mamdouh, CEO and Managing Director of Wealth Holding, stated that Citra Residence is being developed in four sales phases to meet rising demand in the region. Approximately 85% of the total land area is dedicated to green spaces and landscaping, according to Ahmed Samir El-Dessouky, Chief Commercial Officer at Wealth Holding. Unit prices at Citra Residence start from EGP 12m, with the company offering flexible payment plans extending up to 10 years.

Source: Daily News Egypt February 01, 2026 17:39 UTC