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Diyar Qatar Official: 'Ilm al-Rum' Changes North Coast Map
Student Hamad Al-Adhba, Head of Project Development and Delivery at Barwa Real Estate Company, announced the opening of the first phase of the "Ilm Al-Roum" project in Egypt, which represents a strategic leap that redraws the map of the North Coast along the Mediterranean. The project spans an area of nearly 4 million square meters and includes 1.4 million square meters of built-up spaces. Its goal is to boost tourism and generate around 30,000 jobs. The project is considered the result of a collaboration between the company and the Egyptian government, with support from President Abdel Fattah El-Sisi. It is expected that the project's components will be progressively completed by 2030, with phases being delivered gradually. The company's investments in Egypt exceed $7 billion, within an investment portfolio that surpasses $35 billion across more than 20 countries. The location of "Ilm Al-Roum," near Ras Hekma and Mersa Matruh airports, enhances the attraction of tourists from Europe and contributes to boosting tourism activity in the North Coast area.
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