ASG undertakes long-term commercial and investment activities including constructions, hotel renovation, and real estate development through Al Sharif Hospitality and Real Estate (ASH)
A contemporary 4-star hotel in Egypt with views over the Nile. The property is fully owned by ASG and operated under the Novotel brand.
ASG signed a contract to develop and finance the redevelopment of the historic Shepheard Hotel in Cairo, Egypt.
ASG signed contract with EGOTH for a period of 38 years and 6 month -including the period of development, renovation and operation of the hotel. Aiming to re-operat and rehabilitate Shepheard Hotel, a five star hotel with a total estimated cost of EGP 1.2 Billion.
Al Sharif Hotels and Tourism Company was established as an Egyptian closed joint-stock company on August 5, 2020, and took over the concession agreement with EGOTH.
ASG signed a contract with Mandarin Oriental Hotels Group to manage the Shepherd Hotel.
ASG has multiple properties spread across various locations in Saudi Arabia.