Cairo:Prime Minister Mostafa Madbouly inspected ongoing development works at Falaki Square on Monday, November 2, 2026. The visit aimed to assess improvements in the visual appearance of buildings, facades, and landscaping in the area. This inspection followed the Prime Minister's participation in a ceremony for the commencement of trading in Baque du Caire shares on the Egyptian Exchange.

According to State Information Service Egypt, Prime Minister Madbouly was accompanied by Cairo Governor Ibrahim Saber during the inspection. The tour included an evaluation of the implementation of a unified kiosk system across various districts and neighborhoods of the capital.

At the beginning of the tour, Madbouly emphasized the importance of continuing rehabilitation and upgrading efforts in squares and historic areas throughout Cairo Governorate. These efforts are aimed at restoring the city's architectural and aesthetic character.

Governor Saber highlighted that the development and renovation project at Falaki Square in the Abdeen district is part of a broader strategy to preserve the architectural character of Historic Cairo. The project seeks to enhance the city's visual appeal by conserving distinctive building facades, eliminating visual distortions, and regulating commercial signage in accordance with the area's historical character.

Saber noted that the revitalization efforts are aligned with state initiatives to preserve architectural heritage and maximize real estate assets. The project also aims to improve the quality of life and services in the city center, thereby stimulating commercial, cultural, and tourism activity.

The rehabilitation works involve renovating facades, enhancing the visual landscape, and upgrading streets, pavements, lighting, and public utilities. These efforts are coordinated with the National Organization for Urban Harmony to ensure the preservation of the area's architectural and historical integrity.

Saber underscored the importance of ongoing collaboration among government agencies, the private sector, civil society, and property owners. This cooperation is deemed crucial for the success of the development project and the restoration of downtown Cairo's historical and tourism significance.