Sharm Dreams Co. for Tourist Investment was founded as an Egyptian joint stock company in accordance with the provisions of Law No. 159 of 1981 and its regulations with the provisions of Law No. 95 of 1992 and its regulations, and registered in the Commercial Register in Giza Governorate on 25/09/1996, No. 108903.
The authorized capital is 1000 Million Egyptian Pounds
The issued & paid up capital 450 Million Egyptian Pounds.
Sharm Dreams Co. for Tourist Investment owns:
Hilton Sharm Dreams Resort – Sharm El Sheikh
Hilton Sharm Dreams Vacation Club – Holiday Ownership - Sharm El Sheikh
‘Cleo Park’ – The Pharaonic Water Park- Sharm El Sheikh
Sharm Dreams Co. for Tourist Investment has ownership/shareholding percentages in other sister companies as follows:
9.53 % of Concord Co. for Tourist Development
45 % of Sharm Dreams Holding Co. for Tourism & Hotels
17.33 % of Sharm Dreams Co. for Real Estate Development
Major Shareholders:
Dr. Hamada Abo El Enein
National Bank of Egypt
Suez Canal Bank
Misr Insurance Company
General Mediterranean Holding
Oval Development Corporation
Egyptian World Fund for Investment
Misr Life Insurance
Members of the Board:
Dr. Hamada Mohamed Kamal El Din Abo El Enein (Chairman & Managing Director)
Mr. Nadhmi Auchi (Representative of Oval Development Corporation)
Mr. Mohamed Anwar Al Meqdady (Representative of General Mediterranean Holding)
Mr. Mohamed Safaa Eldin Hegab (Representative of the National Bank of Egypt)
Misr Insurance Company (represented by one member)
Mr. Khaled Nasrat (Representative of Suez Canal Bank)
Mr. Ahmed Abdel Rahman Eisa
Mr. Akram Ahmed Kamal (Representative of Bautex Egypt Company)
