Somabay has signed an agreement with Marriott International to integrate the Autograph Collection Hotels brand in Egypt
Updated 2/10/2025 2:23:00 AM
TAQA Arabia and Somabay inaugurated Egypt's largest desalination plant powered entirely by solar energy.
Updated 12/11/2024 10:52:00 AMSomabay has partnered with Wander Commercial Development to develop, manage, and operate a new commercial hub across the bay.
Updated 10/31/2024 2:54:00 PM
Abu Soma Development Company, the developer of Somabay, has signed a memorandum of understanding (MoU) with REDCON Construction to launch a series of major construction projects on the Red Sea with EGP 1.7 billion in investment.
Updated 9/3/2024 12:42:00 PM
Somabay, a prominent leader in tourism investment and the real estate developer of Somabay peninsula, reported a 155% year-on-year (YoY) surge in profits for the first half (H1) of 2024, recording EGP 102 million.
Updated 8/26/2024 12:45:00 PM