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Hotel project: $120 million Emirati investments in Egypt

17/03/2025
Source : ORISHAS FINANCE
Categories: Companies

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The Abu Dhabi Fund for Development (ADFD) announced on Thursday, March 14, the launch of a new project in the hotel and tourism sector with an investment of 120 million dollars.

The project will offer 302 hotel rooms as well as restaurants and entertainment venues making it a top luxury hotel destination.

The Fund should finance the construction of Sofitel Legend Pyramids Giza, a 5-star hotel with 302 rooms including restaurants and entertainment venues, positioning it as a destination of choice in luxury hotels.

The project is funded by the Emirati and Egyptian private sectors and meets the highest international standards. “It highlights our commitment to sustainable investment in promising markets,” said Al Suwidi

.

“The Sofitel Legend Pyramids Giza will allow us to attract visitors from all over the world thanks to its strategic location near the most emblematic archaeological sites in Egypt”, said the governor of Giza.

And to add that this project is a successful investment for Egypt and the United Arab Emirates.

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