Qatari Diar launches phase one of Alam Al Roum in Egypt
QNACairo Qatari Diar has officially announced the launch of the first phase of its landmark Alam Al Roum development on Egypt’s North Coast, marking the beginning of one of the Med...
Qatari Diar has officially launched the first phase of the $29.7 billion Alam Al Roum mixed-use urban and tourism development on Egypt’s North Coast. The project, valued at $3.5 billion in direct cash investments, is set to begin handover in 2030 and aims to create a world-class coastal city with 7.2 kilometers of Mediterranean waterfront.
The development, one of Qatari Diar’s largest integrated urban and tourism projects, is designed to attract further investment, bolster Egypt's tourism sector, and capitalize on the North Coast's advantages.
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