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The legal form to which the company is subject

Sinai Company for Hotels and Diving Clubs is an Egyptian joint stock company in accordance with the provisions of Law No. 159 of 1981

Capital

Licensed: 300000000 pounds
Source : 223215200 EGP
Payment: 223215200 EGP

Shareholders and percentage of contribution

M Name Paid-up capital Number of shares Contribution Percentage
1 Egyptian Company for Investment Projects 221380300 2213803 99,18%
2 Misr Sinai Tourism Company 955800 9558 0,43%
3 FineTech For Information Technology & Electronic Solutions 586100 5861 0,26%
4 Steel for construction and construction 293000 2930 0,13%
  Total 223,215,200 2232152 100%

Shareholders and percentage of contribution

About the company’s activity
– Sinai Company for Hotels and Diving Clubs “Egyptian Joint Stock Company” owns a number of hotels, tourist villages, diving clubs and marine scaffolding within the scope of South Sinai Governorate in the cities of (Sharm El Sheikh – Dahab – Nuweiba – Taba)
In Ain Sokhna (Coral Sea Ain Sokhna Hotel)
– The company contributes to a number of companies (Taba International Company (Taba Sands Hotel) & Al-Naama Company for Tourism Investment (Novotel Sharm El Sheikh Hotel) & South Sinai Water Company & Global Investments Company)
The company’s properties inSharm El Sheikh
hotel Marina bay & Accessories Marina Sharm Hotel
 Scaffold Marina Sharm
– THE WHITE HOUSE BUILDING AND ITS ANNEXES CONSIST OF 46 HOTEL ROOMS AND A SWIMMING POOL – NAAMA BAY YACHT CLUB SCAFFOLD
– Diving School ( SultanH) and the beach
 Naama Bay Parking
– Novotel Hotel (in proportion to the company’s shareholding)
– The company also manages and operates the tourist center for securing and protecting diving, which is owned by the Ministry of Tourism in Sharm El Sheikh, under a contract with the Ministry of Tourism.

Get to Know Us

Sinai Hotels

  • We’re Professional

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  • We’re Professional

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Sinai Company for Hotels and Diving Clubs was previously established in accordance with the provisions of Law No. 43 of 1974 for the purpose of employing funds in all fields of tourism and hotel, within the framework of the provisions of Article No. (3) of 1974 and the publication of its contract in the Egyptian Gazette (Official Gazette) Issue No. 44 of 1983 dated 20-2-1983 On 2-11-1986 it was decided to exit the company from Law No. 43 of 1974 and subject to the provisions of Law No. (159) of 1981 where the Committee approved the examination of applications for the establishment of companies on this in its session No. (101) on 4-5-1987 and the transfer was noted in the Commercial Register No. (8282) South Cairo on 7-6-1987

Samir Taha

CEO

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