Egypt’s ADD Properties Secures $265 Million Financing for Hospitality Expansion

On 31 October, ADD Properties, a member of Sami Saad Holding, announced a $265 million syndicated financing package arranged by the European Bank for Reconstruction and Development to support its hospitality expansion programme. The financing includes development of a new 400-key Grand Hyatt hotel in West Cairo overlooking the Grand Egyptian Museum and the Pyramids of Giza, alongside upgrades across the company’s hospitality portfolio. Hotels, resorts and tourism operators can explore opportunities in visitor-demand forecasting, booking analytics and customer-experience systems. HPC can support tourism intelligence platforms and operational data infrastructure; contact HPC for a quotation tailored to your business requirements.