Sharm Dreams Group

Overview

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  • Industry  Tourism & Hospitality

Company Description

  • Sharm Dreams Co. for Tourist Investment S.A.E is an Egypt-based company established in 1996 and engaged in tourism and hospitality activities, which include construction, development, and management of tourist villages, hotels and resorts. It also provides managerial and financing services for tourist and resort projects. The Company started its business since that date with only one hotel previously known as ‘Hilton Sharm Dreams Resort in Sharm Al Sheikh (currently managed by Jaz)’ – seeking to excel in that field and during the last decade, the company has been growing up and reached a leading position in the hospitality industry, in Egypt. Currently, it owns – through direct and indirect investment – six hotels, one water park, in addition to mixed-use master plans being developed in prime tourist destinations, in Egypt.
  • Sharm Dreams Co. for Tourist Investment has ownership in the following subsidiaries & affiliates:
  • Sharm Dreams Holding Co. for Tourism & Hotels.
  • Sharm Dreams Co. for Real Estate Development.
  • Concord Co. for Tourist Development.
  • Rowad Misr For Tourist Investment.
  • Rowad Misr For Red Sea Hotels.
  • Bautex Misr Company.
  • Hamada Abo El Enein is the founder and chairman of Sharm Dreams Co. for Tourist Investment as well as the chairman of the whole group (Sharm Dreams Group) including all subsidiaries and affiliates albeit, surely, with limited executive responsibilities.

The company Founder:

Dr. Abo El Enein founded the mother company (Sharm Dreams Co. For Tourist Investment) in 1998 after he had spent 13 years in the business of construction and development of residential, educational, and medical projects. Examples to which are; 6th of October University (the first private higher educational institute in Egypt), 6th of October medical institute (the first private medical/educational center in Egypt) in addition to several real estate