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Roya Developments is an Egyptian developer founded in 1997 by Eng. Hisham Shoukry, today one of the most recognized developers in New Cairo, the North Coast, and Ain Sokhna.
Since March 2015, Pioneers Holding has held the majority stake in Roya (77.6 percent), with Eng. Hisham Shoukry retaining 16 percent. النسخة العربية · English version.
Founded in 1997 and headquartered in Cairo, Roya is led by Eng. Hisham Shoukry as a founding shareholder, within an ownership structure controlled by Pioneers Holding as the strategic investor.
The company operates across residential and coastal resorts, with a particular focus on the Stone series in New Cairo and the Telal series on the coasts (North Coast and Sokhna).
Over 27 years of activity, Roya has developed some of the largest projects in New Cairo, most notably Stone Park on 450 acres in Katameya, New Cairo.
The company is behind the Stone family (Stone Park, Stone Residence, Stone Towers) in Katameya, and the Telal series that extends to the North Coast and Red Sea, plus standalone projects such as Oak Residences.
The 2015 Pioneers Holding acquisition gave Roya stronger financing capacity and faster phase launches, reflected in the broadened residential and coastal mix over the last five years.
The largest concentration sits in New Cairo compounds (four active projects), alongside parallel projects on the North Coast and in Ain Sokhna under the Telal series.
In New Cairo, the Stone family is the anchor: Stone Park as the main 450-acre compound, and Stone Residence as a lower-density luxury extension.
Prive - Telal East represents the upper-segment product inside New Cairo, with a branded-lifestyle concept inspired by the coastal Telal philosophy.
Oak Residences completes the portfolio as a mid-density residential product in New Cairo, targeting families looking for premium quality at a price point below Stone Residence.
First, depth of history. Twenty-seven years of actual activity and a series of delivered projects separate Roya from newer developers who have not crossed a full economic cycle.
Second, an institutional ownership structure. Since the 2015 Pioneers Holding acquisition, Roya has been backed by a broad financial umbrella, reducing operational default risk for buyers.
Third, geographic product integration. A Stone Park buyer can purchase a coastal unit from the same developer under the Telal series — a marketing advantage that Egypt's luxury segment values.
When was Roya founded and who runs it? Founded in 1997 by Eng. Hisham Shoukry. Since 2015 Pioneers Holding has held the majority stake (77.6 percent).
What are Roya's main projects in New Cairo? Stone Park on 450 acres, Stone Residence, Prive - Telal East, and Oak Residences — all in New Cairo (Katameya and adjacent settlements).
Does Roya operate coastal projects? Yes. The Telal series extends to the North Coast and Ain Sokhna and represents the company's resort arm.
Does Roya offer installment plans? Yes. Most projects come with payment plans of up to 8 years and down payments starting at 5 to 10 percent. Terms vary by phase.
Is Roya a trusted developer? Yes. Twenty-seven years in the market plus institutional ownership (Pioneers Holding) plus a multi-phase delivery record at Stone Park place Roya in the low-risk developer tier.
