El Gouna, the Group's flagship project, is a private self-sufficient town built on 10 km of the Red Sea coastline in Egypt. Established almost 20 years ago, the town is now home to a population of between 12,000 – 15,000 permanent residents and visitors from all over the world, to whom it offers a wide range of international-standard facilities such as a landing strip, a world-class hospital, a championship 18-hole golf course, two marinas with capacity of 240 berths, 100 restaurants and bars, four schools, a branch of the American University in Cairo (AUC), a branch of child daycare facilities and a vibrant town center. El Gouna comprises a total land area of 36.8 million sqm, of which 10.9 million sqm has been developed, thus providing a large land bank for future development. El Gouna also hosts an impressive range of real estate properties with over 2,400 villas & apartments already sold.

In addition to first-class amenities, year-round sunshine, and picturesque scenery, El Gouna boasts 15 hotels with 2,760 rooms. The hotels accommodate holiday guests from all over the world, the majority of who are from Europe. There are two six star hotels with a total campacity of a combined 28 keys are under development, and a third hotel is planned which will offer 24 keys. The first two hotels are expected to be operating during summer 2010. A 3rd marina is planned to be operational prior to the end of 2009 to cater mega-yachts in the range of 30 to 50 meters. Two three star hotels with a total capacity of 140 keys are under construction in the third marina area. A second 18-hole championship golf course is planned with potential residential units in the surrounding area. A branch of Berlin Technical University is under planning. 3 real estate products are being planned by the Group.

http://www.elgouna.com