Hassan Allam Properties plans to execute new projects worth EGP 14bn during 2026 and will launch a dedicated hospitality brand to manage its expanding hotel portfolio, Vice Chairperson and CEO Mohamed Allam said. The company is diversifying its operations beyond residential developments into hospitality, sports, and education through partnerships with local and international entities. The new hospitality brand will manage the firm’s own hotel projects as well as third-party developments, Allam revealed. Hassan Allam Properties currently has four hotels under development in New Cairo, 6th of October City, and the North Coast. Mostakbal City remains a primary focus for the company’s investments, having served as a foundation for its current diversified project portfolio, Allam added.

Source: Daily News Egypt February 01, 2026 17:39 UTC