PROJECT

Projects

Summary of Investment Information

Project Number

52177

Company Name

Marygo Hospitality BV

Date SPI Disclosed

Apr 23, 2026

Country

Egypt, Arab Republic of

Region

Africa

Projected Board Date

May 22, 2026

Environmental Category

B - Limited

Status

Pending Approval

Last Updated Date

Apr 23, 2026

Department

Regional Industry - MAS Africa

Industry

Tourism, Retail and Property

Sector

Resort Hotel (Including Lodges)

Project Description

 Provision of up to USD [100] million senior loan to AlDau Hospitality BV (AlDau Hospitality or the Company) or to its fully owned subsidiaries as part of a larger financing package amounting to up to USD [265] million equivalent, which is expected to be provided in parallel with local and/or international financial institutions, including the European Bank for Reconstruction and Development (EBRD).

The loan will(i) finance the development of a new 400-key hotel in West Cairo in the vicinity of and overlooking the Grand Egyptian Museum and the Pyramids of Giza, (ii) refinance/consolidate existing debt (iii) finance other Capex-related investments, including acquisition of land and buildings and refurbishment Capex and (iv) fund future capex.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation