{"id":4734,"date":"2026-11-03T14:13:31","date_gmt":"2026-11-03T12:13:31","guid":{"rendered":"https:\/\/dailybusiness.info\/?p=4734"},"modified":"2026-11-03T14:13:31","modified_gmt":"2026-11-03T12:13:31","slug":"ebrd-backs-265m-financing-for-add-properties-grand-hyatt-hotel-in-giza","status":"publish","type":"post","link":"https:\/\/dailybusiness.info\/?p=4734","title":{"rendered":"EBRD backs $265m financing for ADD Properties\u2019 Grand Hyatt hotel in Giza"},"content":{"rendered":"<div>\n<p>ADD Properties, a member of Sami Saad Holding, has secured a $265m syndicated financing facility from international, regional and Egyptian financial institutions to support its investment plans, including the development of a 400-room Grand Hyatt hotel overlooking the Grand Egyptian Museum and the Pyramids of Giza.<\/p>\n<p>The financing agreement was signed on October 30 in Giza, in the presence of representatives from the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), Emirates NBD Egypt, the National Bank of Egypt (NBE) and EFG Holding, which acted as financial adviser to the transaction.<\/p>\n<p>The facility will finance the development of the new hotel, while supporting the restructuring of ADD Properties\u2019 capital structure and the consolidation of asset values across its portfolio.<\/p>\n<p>The financing package also includes technical assistance covering green building certification, hospitality skills development and corporate governance, as part of efforts to integrate sustainability standards into the company\u2019s projects and operations.<\/p>\n<p>Eng. Bassel Sami Saad, Chairperson of ADD Properties, said the agreement reflects the confidence of international and local financial institutions in the company\u2019s track record and Egypt\u2019s investment potential.<\/p>\n<p>He added that the Grand Hyatt project forms part of the company\u2019s strategy to expand its hospitality portfolio while supporting the development of Egypt\u2019s tourism sector, in line with the objectives of Egypt Vision 2030.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ADD Properties, a member of Sami Saad Holding, has secured a $265m syndicated financing facility from international, regional and Egyptian financial institutions to support its investment plans, including the development of a 400-room Grand Hyatt hotel overlooking the Grand Egyptian Museum and the Pyramids of Giza. The financing agreement was signed on October 30 in [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":4735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-4734","post","type-post","status-publish","format-standard","has-post-thumbnail","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EBRD backs $265m financing for ADD Properties\u2019 Grand Hyatt hotel in Giza - daily business egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailybusiness.info\/?p=4734\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD backs $265m financing for ADD Properties\u2019 Grand Hyatt hotel in Giza\" \/>\n<meta property=\"og:description\" content=\"ADD Properties, a member of Sami Saad Holding, has secured a $265m syndicated financing facility from international, regional and Egyptian financial institutions to support its investment plans, including the development of a 400-room Grand Hyatt hotel overlooking the Grand Egyptian Museum and the Pyramids of Giza. The financing agreement was signed on October 30 in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailybusiness.info\/?p=4734\" \/>\n<meta property=\"og:site_name\" content=\"daily business egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-03T12:13:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailybusiness.info\/wp-content\/uploads\/2026\/07\/\u0662\u0660\u0662\u0666\u0660\u0667\u0662\u0660_\u0661\u0662\u0663\u0668\u0662\u0665.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"512\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"KALID ZAKY\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"KALID ZAKY\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4734#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4734\"},\"author\":{\"name\":\"KALID ZAKY\",\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/#\\\/schema\\\/person\\\/b5ee75a6cedb6812a0e4d6f2e15f8aac\"},\"headline\":\"EBRD backs $265m financing for ADD Properties\u2019 Grand Hyatt hotel in Giza\",\"datePublished\":\"2026-11-03T12:13:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4734\"},\"wordCount\":233,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4734#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/dailybusiness.info\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/4734-ebrd-backs-265m-financing-for-add-properties-grand-hyatt-hotel-in-giza.jpeg\",\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/dailybusiness.info\\\/?p=4734#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4734\",\"url\":\"https:\\\/\\\/dailybusiness.info\\\/?p=4734\",\"name\":\"EBRD backs $265m financing for ADD Properties\u2019 Grand Hyatt hotel in Giza - 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