The Arabian Kuwaiti Group is gearing up to unveil its branded residences in West Cairo as part of its strategy to strengthen its presence in the Egyptian market. The group’s vision extends beyond real estate to encompass tourism, agriculture, and hospitality, aiming to attract over 100,000 visitors annually to its tourism businesses.
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The group’s recent $20 million acquisition of a hotel in Sharm El Sheikh is being transformed into a luxury hotel brand, signaling its commitment to elevating the tourism experience in the region. Additionally, plans are underway to establish a bustling business district in Sharm El Sheikh, which will serve as one of the area’s primary attractions. Discussions are ongoing to acquire more hotels in the area, further solidifying the group’s position in Egypt’s tourism industry.
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In agriculture, the Arabian Kuwaiti Group successfully reclaimed 800 feddan in Al-Ayat, located in the western regions of Cairo. This initiative is part of the group’s larger goal of expanding its cultivated land to 8,000 feddan. Much of the produce is exported to European markets, reflecting the group’s dedication to boosting productivity and supporting global trade.
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The group’s real estate division, Arabian Investment House Holding, has announced a new branded residential project in West Cairo that will soon begin construction. CEO Tarek Eid confirmed that the project will require an investment exceeding $200 million, demonstrating the group’s strong confidence in the Egyptian market and its commitment to the country’s economic growth in the tourism, agriculture, and residential sectors.
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With a history of diverse investments in the UAE, Kuwait, Turkey, and Bosnia, the Arabian Kuwaiti Group has a proven track record in managing hotels, restaurants, and land reclamation projects in Egypt. As the group continues to expand its investment portfolio in Egypt, its ventures in various sectors signal a promising future for the country’s development.