Al Mamoura Company, one of the Holding Companies for Tourism, affiliated to the Ministry of Public Works Sector, signed the participation contract for land to the left of Al Mamoura entrance with
Valore Real Estate Investment Company 44% for Al Mamoura Company and 56% for Valore. The value of the sale contract amounted to LE 760 million, of which Al Mamoura is 365 million pounds, guaranteed by a minimum of LE 274 million.