Abu Dhabi Fund for Development Starts Luxury Hotel Project in Egypt
Abu Dhabi Fund for Development (ADFD) has launched a five-star luxury hotel project near Egyptās iconic Giza Pyramids, marking a significant investment to boost the countryās tourism sector. With a total budget of AED 440 million the hotel will feature 320 premium rooms, world-class hospitality services, and high-end entertainment options. This initiative strengthens economic ties between the UAE and Egypt while enhancing Egyptās appeal as a premier global tourist destination.
The project is being developed through a strategic collaboration between private sector entities from both nations. A substantial investment is being made by an Abu Dhabi-based tourism firm, with additional contributions from key stakeholders in Egyptās hospitality industry. The partnership underscores the shared vision of sustainable development and economic growth through enhanced tourism infrastructure.
The foundation stone for the hotel was recently laid in a formal ceremony attended by high-ranking officials from both countries. The development is expected to blend contemporary luxury with Egyptās rich historical heritage, providing an unparalleled experience for visitors. A globally renowned hospitality group has been selected to manage the property, ensuring international service standards and a superior guest experience. This project is aligned with broader efforts to modernize Egyptās tourism sector while preserving its cultural legacy.
As construction progresses, industry experts anticipate that the hotel will not only elevate Egyptās hospitality sector but also create employment opportunities and contribute to economic expansion. The initiative reflects growing investor confidence in Egyptās tourism industry and highlights the increasing collaboration between the UAE and Egypt in sentures.ustainable development