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Qatari Diar Egypt, SOM unveil $29.7bln Alam Al-Roum grasp plan

Alam Al Roum grasp plan. Symbol Courtesy: Qatari Diar Egypt Spanning 20.5 million sq. meters, or 4,900 acres, Alam Al Roum will characteristic 7.2 kilometers of personal Mediterranean beachfront Body of workers Author | Arab Finance The advance comprises $3.5 billion in direct money funding and is deliberate […]

Qatari Diar Egypt, SOM unveil .7bln Alam Al-Roum grasp plan



Alam Al Roum grasp plan. Symbol Courtesy: Qatari Diar Egypt



Spanning 20.5 million sq. meters, or 4,900 acres, Alam Al Roum will characteristic 7.2 kilometers of personal Mediterranean beachfront



Body of workers Author | Arab Finance

The advance comprises $3.5 billion in direct money funding and is deliberate as an built-in, year-round Mediterranean vacation spot combining tourism and mixed-use parts.

Spanning 20.5 million sq. meters, or 4,900 acres, Alam Al Roum will characteristic 7.2 kilometers of personal Mediterranean beachfront. The venture is positioned round 20 mins from Marsa Matrouh and 50 mins from Ras El Hekma.

SOM will draw on international making plans practices and the website online’s environmental traits to broaden the coastal group. The grasp plan will even contain panorama structure company SWA, marina design and operations consultancy Marina Tasks, and transportation and visitors engineering consultancy Setec.

Alam Al-Roum expands Qatari Diar Egypt’s portfolio, which incorporates CityGate, NEWGIZA, and The St. Regis Cairo. The venture paperwork a part of the corporate’s persisted funding in Egypt’s actual property and tourism sectors.

In November 2025, Qatari Diar and NUCA signed a $29.7 billion settlement for the Alam Al-Roum venture.

The advance is predicted to generate annual earnings of a minimum of $1.8 billion, 15% of which will probably be allotted to NUCA after the corporate recovers its general funding price.

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