Sky Investments outlines $500 million plan for Egypt’s logistics and ports growth

Sky Investments Holding, a family-owned Egyptian conglomerate, has outlined plans to invest $500 million across key sectors of the local economy over the next three years, as the country’s ongoing economic reforms continue to draw private capital into infrastructure, logistics, and urban development projects.

Chairman Ayman Fathy Hussein said the investment plan reflects the group’s focus on areas where Egypt’s public-private partnership model is opening new room for private operators, particularly in ports, logistics, and real estate. He pointed to continued upgrades in port infrastructure and trade corridors as steady drivers of opportunity for companies positioned in logistics services and maritime operations.

Capital flows into port expansion

The largest share of the planned capital, between $300 million and $350 million, will go into logistics and ports. The company said the funds will support expansion at East Port Said Port as well as new projects in Ain Sokhna and Alexandria, building on its existing operations in Egypt’s maritime gateway network.

Suez Canal Economic Zone awarded Sky Ports, a subsidiary of Sky Investments Holding, a 30-year concession in November 2022 in partnership with Reliance Logistics to develop and operate a multi-purpose dry bulk terminal at East Port Said. The facility spans 380,000 square meters and includes a 900-meter berth.

Partial operations began in February 2024, with cargo volumes already exceeding 12 million tonnes. Hussein said annual throughput has averaged more than 6.5 million tonnes, well above initial expectations. A second phase, a 160,000-metric-ton bulk cement export facility, began construction in January 2026.

The group is also preparing to develop a new multipurpose terminal under a memorandum of understanding signed in November 2025 with SCZONE. The facility includes a 588-meter berth, a 250,000-square-meter logistics yard, and 100,000 square meters of covered storage. It is expected to handle at least 2 million tonnes annually, serving trade routes linking East Africa, the Gulf, and Asia. In parallel, Sky Ports signed an agreement with the General Authority for Land and Dry Ports to develop a 133-acre dry port and logistics zone in Borg El Arab.

Revenue reaches $800 million

Founded in 1997, Sky Investments Holding has grown into a diversified group operating across 14 companies in five sectors. Group revenue reached $800 million in 2025, up from $730 million the previous year, with expectations of 10 percent growth this year. Hussein said oil and gas and real estate each accounted for 30 percent of revenue in 2025, while ports and logistics contributed 20 percent, and the remainder came from manufacturing, food distribution, and trading activities.

Beyond logistics, Hussein said the group is increasing investment in real estate and hospitality, with its property portfolio now valued at more than $3 billion. He said the company is focusing on mixed-use projects that combine residential, commercial, and hospitality assets, rather than stand-alone developments. Real estate accounted for about 30 percent of group revenue in 2025, supported by steady demand for serviced apartments and office space.

The group is in talks with banks for additional credit facilities of $56 million to $74.88 million to support construction at Citystars Park St. in Katameya, New Cairo. The $1.87 billion development, built with Citystars Group and Innovo Group, will include hotels, offices, retail space, and serviced apartments. A 174-room five-star hotel operated under the Fairmont brand will anchor the project, alongside commercial and leisure facilities.

Hussein said the group has secured $89.85 million in banking facilities so far, deployed across ongoing projects in real estate and hospitality. He added that demand for serviced apartments and premium office space continues to support expansion plans. The company is also developing Park St. Edition, an $842 million mixed-use project in partnership with Innovo Group, alongside earlier completed developments in Sheikh Zayed and New Cairo.