ZAWYA: Banque Misr unit set to launch a hotel investment fund: Report
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A subsidiary of Banque Misr plans to launch a hotel investment fund worth 3 billion Egyptian pounds ($56.51 million) in H1 2026. Misr Capital will target public and private hotel assets in key areas like the North Coast and Red Sea. This initiative aligns with the Egyptian government's goal to attract 21 million tourists and $35.4 billion in investments by 2031. Misr Capital previously launched a real estate investment fund with EGP 360 million in December 2022.
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