El-Serafy said that any investment opportunity in the
hospitality sector is a priority, whether on the Nile Corniche or in other
locations. He noted that the company plans to develop a hotel project in
Downtown Cairo featuring a flagship hotel, with additional hotels to be added
in later phases.
He added that the company is currently working on launching
Egypt’s first real estate investment fund, scheduled for the second half of
2026. The multi-tranche fund will be valued at up to $1 billion over five years.
El-Serafy explained that an investment model is being
presented to the Cabinet and the Financial Regulatory Authority for the fund,
which aims to boost real estate exports and attract hard currency to Egypt. The
fund will be established in partnership with a global financial company.