HS Group is exploring potential strategic involvement in the promising Ras El Hekma project
HS Group is exploring potential strategic involvement in the promising Ras El Hekma project. To this end, the Group is undertaking a comprehensive assessment of available collaboration avenues and actively pursuing the establishment of strategic partnerships and alliances with prominent Emirati and Egyptian entities to make a significant contribution to this important project.
Strategically located on the Mediterranean coast, this ambitious project aims to establish a world-class smart city and global tourism hub. It is anticipated to play a pivotal role in driving Egypt’s economic growth by attracting substantial foreign direct investment, generating widespread employment opportunities, and fostering comprehensive regional development, all in alignment with the goals of Egypt’s Vision 2030. For the United Arab Emirates, with the active participation of the ADQ, this project represents a key strategic step towards expanding into the promising North African markets, strengthening bilateral relations with Egypt, diversifying the Emirati investment portfolio, and opening significant opportunities for Emirati real estate development and infrastructure companies within this large-scale, high-level government-backed project with substantial growth potential.