Daily News EgyptEN
Adeer International, partners target $2bn in hospitality investments in Egypt
Adeer International, the global investment arm of Saudi Arabia’s Sumou Holding Group, has formed a strategic alliance with Hassan Allam, MIDAR for Investment and Urban Development, and Sumou Investment to develop hospitality projects in Egypt, with planned investments of approximately $2bn. The alliance is part of Adeer International’s broader expansion stra