ADFD launches Dhs440m Sofitel Legend Pyramids Giza project
The project’s strategic location near iconic landmarks is expected to attract visitors from around the world, creating new investment opportunities and driving sustainable growth in Egypt’s tourism sector
The Abu Dhabi Fund for Development (ADFD) has launched the ‘Sofitel Legend Pyramids Giza’ project, a luxury five-star hotel aimed at revitalising Egypt’s tourism sector.
Valued at Dhs440m ($120m), the project underscores the UAE’s commitment to strengthening global economic partnerships and supporting sustainable development.
The hotel will feature 302 rooms equipped with state-of-the-art amenities, alongside a selection of international restaurants and entertainment facilities, positioning it as a premier destination for luxury hospitality in Egypt and the broader Middle East.
Strategic investment and funding structure
The project is financed through a strategic partnership between the private sectors of the UAE and Egypt. ADFD is contributing 84.28 per cent of the project’s capital through Abu Dhabi Tourism Investment Company (ADTIC).
Other stakeholders include Abu Dhabi National Hotels (10.22 per cent), Overseas Tourism Investment Company (0.4 per cent), Misr Hotels Company (2.73 per cent), and the Egyptian General Company for Tourism & Hotels (2.37 per cent).
The foundation was jointly laid by Mohamed Saif Al Suwaidi, director general of ADFD, and engineer Adel Al-Najjar, governor of Giza, in the presence of officials from both sides.
The project promises an exceptional hospitality experience that meets the highest international standards. Abu Dhabi Tourism Investment Company is partnering with Accor Group, a globally renowned hospitality brand, to manage the hotel and ensure excellence in service and guest experience.
ADFD project to support Egypt’s tourism sector
Mohamed Saif Al Suwaidi stated: “The ‘Sofitel Legend Pyramids Giza’ project is a significant step in strengthening Egypt’s tourism sector, offering a world-class hotel experience that underscores our commitment to sustainable investments in promising markets. Through our partnership with Accor Group, we aim to elevate the tourism industry while supporting economic and social development in Egypt.”
He emphasised that the investment reflects ADFD’s commitment to advancing sustainable development projects and fostering investment partnerships that drive economic growth in partner countries.
Engineer Adel Al-Najjar expressed gratitude for ADFD’s continued support: “The ‘Sofitel Legend Pyramids Giza’ project represents a transformative step in strengthening our tourism infrastructure, enabling us to attract visitors from around the world thanks to its strategic location near Egypt’s most iconic archaeological sites.”
He highlighted the project as a model for successful investment collaboration between Egypt and the UAE, adding: “We look forward to expanding such partnerships to further our sustainable development goals.”
The project’s strategic location near iconic landmarks is expected to attract visitors from around the world, creating new investment opportunities and driving sustainable growth in Egypt’s tourism sector.
Through investments in transformative infrastructure projects like this, the UAE reaffirms its commitment to supporting Egypt’s national development agenda while advancing the United Nations Sustainable Development Goals (SDGs), particularly Goal 8 (Decent Work and Economic Growth) and Goal 9 (Industry, Innovation, and Infrastructure).
