Egypt offers investment opportunities for Al Tayyar Group in Al Alamain New City and New Administrative Capital
Egyptian Housing Minister Mustapha Medbouli met on Friday a delegation from the Saudi pilot group led by CEO Abdullah Al-Daoud and managing director of Al Tayyar Travel Group in Egypt, Ashraf Shiha.

Medbouli discussed with the delegation the opportunities to invest the group in the new city of Alamein and the new administrative capital.

Daoud said his groups have the largest tourism company in the Arab world, and that Egypt is the second largest tourist destination, and that the company is currently working to increase its investments in Egypt, as well as the employment opportunities available from its projects.

He welcomed the Saudi investors and said that there are some tourism and hotel projects in the city of Alamein and the new administrative capital.

The new city of Alamein is considered one of the important cities on the Mediterranean coast. The city is planned to contain about 25,000 hotel rooms and there are some major tourist entities wishing to invest in the city.

"We have signed a protocol of cooperation with the Marriott International Group and there are other protocols to be signed in a few days, Al Alamain is an integrated city operating throughout the year, and there will be universities and construction, you can invest in building the towers directly on the sea. Your group is in the city because of its large investments in this sector. "

He said the ministry also has 20 towers in the new administrative capital, which will be built in cooperation with the world's largest consulting firms and China's Sisk, one of the world's largest construction companies. He is available to collaborate with the Group to acquire and manage one of these towers.

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