Wednesday 04 Dec

Real estate

Arab Kuwaiti Group invests EGP 10 billion into Sheikh Zayed project


Arab Kuwaiti Group invests EGP 10 billion into Sheikh Zayed project

The Arab Kuwaiti Group, led by CEO Tarek Eid, is embarking on an ambitious project in Sheikh Zayed City, Egypt, with a total investment of 10 billion Egyptian pounds. This integrated hotel and administrative development is designed to elevate Egypt's tourism and economic landscape.

The centerpiece of the project is a luxury hotel, developed in partnership with the global workspace provider IWG. This collaboration will bring world-class hospitality and flexible workspaces to the city.

By attracting global brands and high-net-worth individuals, the project aims to contribute to Egypt's 2030 vision and position Sheikh Zayed City as a thriving destination for business and leisure.

The Group will provide hotel units that attract a select group of investors and global tourists. The project will also include shared workspaces equipped with the latest technologies.