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Misr Italia Properties Recognized with the Schneider Electric Sustainability Award 2024 for the Middle East and Africa

Misr Italia Properties has been awarded the Schneider Electric Sustainability Impact Award – Regional
Winner 2024, in recognition of its steadfast commitment to sustainable development and its continued
efforts to embed environmentally responsible practices across its operations and portfolio of projects.
Launched in 2022, the Schneider Sustainability Award honors organizations that implement innovative
solutions that enhance resource efficiency, optimize energy consumption, and mitigate carbon
emissions.
This regional recognition reflects Misr Italia Properties’ commitment to achieving ambitious
environmental objectives through actionable and effective measures in sustainability and artificial
intelligence AI, resulting in tangible outcomes in energy reduction and lower carbon emissions. This
recognition also highlights the company’s vision of improving quality of life, contributing to a better
world, and embracing a long-term sustainability strategy.
In light of this recognition, Ahmed Seoudy, Co-CEO of Misr Italia Properties, expressed his pride in the
company's achievement, stating: “We are immensely proud to receive the Schneider Sustainability
Impact Award, which is a true reflection of our efforts to develop smart, sustainable communities
representing Egypt regionally. Our strategic partnership with Schneider Electric, and its cutting-edge
innovative solutions, including the EcoStruxure platform, played a pivotal role in achieving this
milestone. For us, the integration of digital transformation, advanced technologies, and renewable
energy is no longer a luxury, but an absolute necessity, especially considering rising costs, increasing
technological reliance, growing environmental awareness, and ongoing climate challenges.”
For his part, Ramy Mostafa, Vice President of the Buildings & Distribution Division at Schneider
Electric for North East Africa and the Levant stated, “The Sustainability Impact Awards are one of
Schneider Electric’s strategies to encourage our partners and clients to adopt a comprehensive and
sustainable approach. This approach not only ensures long-term tangible financial savings, but also
embeds the principles of environmental and economic sustainability, which are the cornerstone of a
prosperous future. We are proud of our fruitful collaboration with Misr Italia Properties over the years
and their well-deserved recognition with the Sustainability Impact Award for the Middle East and Africa
level, which reflects the company’s commitment to developing smart, and sustainable projects ready for
the future.”
He added, “It’s noteworthy that this marks the second time Misr Italia Properties has been honored with
this award, reflecting its continuous commitment to sustainability and innovation standards, and
reinforcing their position as a trusted partner in building a smarter, more sustainable future in the real
estate sector.”

Notably, over the past five years, Misr Italia Properties has embedded sustainability as a core pillar of its
business strategy, integrating smart city solutions across all its projects, adopting green building
principles from concept to operation, and launching community-driven responsibility initiatives. This
holistic approach is driven by strong governance frameworks and a strong commitment to transparent
ESG reporting, reflecting the company’s dedication to long-term value creation and responsible growth.

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