Egypt's battlefield becomes resort site
Complex Made Simple

Egypt's battlefield becomes resort site

Egypt's battlefield becomes resort site

Egyptian billionaire Ibrahim Kamel plans to build a $500m seaside resort near the World War II battlefield of Al-Alamein that will compete with Red Sea vacation sites in Egypt, reported Bloomberg. Kamel's Kato Group will construct 4,000 hotel rooms, a golf course, mall and entertainment complex in Ghazala Bay on the Mediterranean within five years, he said in an interview. Kamel, who is also chairman of Egypt's second-largest publicly traded hotel company, built a $45m airport at Al-Alamein, a few kilometers from the resort, in 2005.

    Author
    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

    © 2021, ADigitalcom. All rights reserved