Banque Misr is preparing to establish a hospitality-focused investment fund valued at EGP 3 billion through its subsidiary, Misr Capital, as part of a broader push to expand Egypt’s tourism infrastructure, according to sources cited by Asharq Business.
The fund is expected to be launched before mid-2026 and will target both government-owned and private hotel assets, including operational and near-operational properties. Investment focus areas are set to include key tourism hubs such as the North Coast, the Red Sea, and the vicinity of the Grand Egyptian Museum, alongside existing hospitality holdings linked to Banque Misr.
The initiative builds on Misr Capital’s earlier entry into real estate investment funds, following the launch of its first property fund in December 2022 with a capital base of EGP 360 million.
The planned vehicle aligns with Egypt’s national tourism development strategy, which aims to significantly expand hotel capacity and enhance the sector’s contribution to foreign currency inflows. The government is targeting the addition of approximately 340,000 new hotel rooms by 2031, requiring an estimated $35.4 billion in investments, while increasing total capacity to around 568,000 rooms.
Tourism remains a cornerstone of Egypt’s economy and has demonstrated resilience despite successive external shocks, including regional geopolitical tensions and the prolonged Russia–Ukraine conflict, both of which have historically influenced visitor flows.
Egypt is targeting approximately 21 million tourist arrivals in the current year, up from around 19 million recorded in 2025, reflecting continued recovery and growth momentum in the sector.
As The Middle East Observer observes, the establishment of dedicated investment vehicles for hospitality assets signals a more institutionalised financing approach to tourism expansion, positioning Egypt to better mobilise capital and accelerate project delivery across high-demand destinations.
