Skyway Development is an Egyptian real estate company focused on mixed-use projects, with its stated headquarters in New Cairo. The company is chaired by engineer Hosni El-Saeidy, and its main directly verified development is Bayadega Tower in the Downtown district of Egypt’s New Administrative Capital. The tower combines commercial, medical, and administrative space.
The company’s background is connected to its chairman’s construction and real estate experience, which the official website traces to 1998. His earlier work included international companies and projects in October, Hadayek October, 10th of Ramadan, El Shorouk, and Heliopolis. However, Skyway’s official website does not state a precise incorporation year for the development company itself, while secondary property pages conflict between 1998 and 2007. This profile therefore separates the chairman’s earlier experience from the unverified age of Skyway Development.
About Skyway Development
Skyway presents itself as a developer focused on strategic locations, functional design, integrated technology, and property products for investors and business users. Its official material describes a vision of developing buildings and communities where users can grow, supported by flexible spaces, user-centred design, modern services, and more sustainable construction practices.
Chairman Hosni El-Saeidy has more than two decades of reported experience in construction and real estate. According to the company website, his professional record began in 1998 and included work with international businesses such as Siemens and participation in residential, service, and infrastructure-related buildings. He later moved into direct property development through Skyway, with the New Administrative Capital selected as a major investment starting point.
In April 2021, the company announced the planned launch of Bayadega with expected investment of EGP 700 million. It also discussed further New Capital investment and potential alliances with Gulf real estate companies. In December 2021, Skyway announced a new office at Helnan Landmark Hotel in New Cairo to support its expansion, sales, and operating teams.
Skyway Development Projects
The development that can be directly verified through Skyway’s official website and economic press coverage is Bayadega Tower. As of June 2026, the official website does not provide a complete list of three named developments owned by Skyway. This profile therefore avoids adding towers with similar names or treating the management team’s earlier contracting references as company-owned real estate developments.
Bayadega Tower New Capital
Bayadega Tower is located in the Downtown towers district of the New Administrative Capital, close to the North Bin Zayed Axis, the Government District, the Central Business District, the Green River, and Masjid Misr. Skyway announced the project in 2021 on a site of approximately 3,600 square metres. Published launch information placed its height at about 63 metres and its expected investment at EGP 700 million.
The tower contains commercial, medical, and administrative activities on separated floors. The official use plan shows shops and food-and-beverage space on lower levels, a medical floor, restaurant and food court areas, and administrative offices above. The concept was launched with a hanging food court, terraces, planted areas, balconies, and rooftop workspaces among its distinguishing design features.
Engineer Mohamed Talaat’s consultancy was appointed for design and engineering work, according to company information and press coverage. The project is intended to provide flexible space for retailers, clinics, and office users, supported by parking, meeting services, restaurants, and operational facilities. Prices and payment plans remain time-sensitive and should be confirmed directly with the developer.
Skyway Development at a Glance
| Trade name | Skyway Development |
| Chairman | Eng. Hosni El-Saeidy |
| Chairman’s reported experience | Since 1998, according to the official website |
| Skyway establishment year | Not confirmed by a clear official disclosure |
| Directly verified development | Bayadega Tower |
| Project site area | Approximately 3,600 sqm |
| Investment announced at launch | EGP 700 million |
| Total delivered units | No verified public company-wide total |
A project’s inventory or construction progress does not mean those units have been handed over. The delivered-units field is therefore left blank until Skyway publishes a verifiable cumulative handover figure or a final project delivery announcement.
Vision and Development Specialties
Skyway links architectural design with users’ operational needs. Its website describes flexible offices, efficient buildings, connected services, and smart technology as central parts of the company’s approach. Its current specialities can be grouped into four areas:
- Mixed-use development: commercial, medical, and administrative space within one project.
- Smart workplaces: adaptable office layouts for different company sizes and activities.
- User-centred design: attention to movement, natural light, terraces, and shared open areas.
- Regional expansion: a stated intention to expand into Dubai, although no named Dubai development has yet been published for inclusion in the verified portfolio.
The company also states that it prioritises more sustainable materials, construction practices, and integrated technology. These are stated development principles; buyers should review technical specifications, contracts, and completed work when assessing how they are applied to an individual asset.
Latest Skyway Updates in 2026
On 13 June 2026, Skyway’s official website published a Bayadega Tower construction update reporting completion of the fourth-floor roof slab and ongoing work on the fifth floor. This followed an October 2025 update announcing completion of the first-floor roof, indicating progression through several structural stages over the period.
The official update does not announce final delivery or a cumulative number of handed-over units. Buyers should therefore verify the current construction percentage, contractual delivery date, permits, finishing scope, and operating arrangements before purchasing.
Frequently Asked Questions
Who owns or chairs Skyway Development?
Skyway Development is chaired by engineer Hosni El-Saeidy, whose official profile reports more than 20 years of construction and real estate experience.
When was Skyway Development founded?
The official website does not disclose a specific company establishment year. The year 1998 refers to the chairman’s earlier professional and contracting experience, so it is not recorded as Skyway’s confirmed founding year.
What is Skyway Development’s main project?
The directly verified development is Bayadega Tower in the Downtown district of the New Administrative Capital.
What unit types are available in Bayadega Tower?
The project includes commercial, medical, and administrative units, together with restaurants, a food court, and operating facilities.
How many units has Skyway delivered?
No verified public company-wide delivery total was available as of June 2026, so no estimate is recorded.