Qatari Diar has officially announced the launch of the first phase of its landmark Alam Al Roum development on Egypt’s north coast, marking the beginning of one of the Mediterranean’s most ambitious mixed-use urban and tourism destinations.
The project represents a total investment of $29.7bn, including $3.5bn in direct cash investments, with handover of the first phase scheduled to begin in 2030. The first phase is expected to generate thousands of direct and indirect employment opportunities as part of the project’s overall target of creating more than 250,000 jobs upon completion.
It will also open significant opportunities for Egyptian and international contractors to participate in the construction works, strengthening the competitiveness of the local construction sector and reinforcing Qatari Diar’s commitment to maximising local value creation.
The announcement was made during a site visit by Egyptian Prime Minister Dr Mostafa Madbouly. He was accompanied by Randa el-Menshawy, Minister of Housing, Utilities and Urban Communities, as part of a tour to review major development and investment projects and monitor implementation progress across Egypt’s north coast.
Qatari Diar CEO Sheikh Hamad bin Talal al-Thani welcomed the Prime Minister in the presence of the company’s senior executives, who presented the implementation roadmap and timeline for Phase 1 ahead of construction.
The development is one of Qatari Diar’s largest integrated urban and tourism projects worldwide and its biggest investment in Egypt. Spanning 20.58mn sq m, the project boasts 7.2km of Mediterranean waterfront envisioned as a fully integrated coastal city, combining residential, hospitality, commercial, cultural, entertainment, educational, and healthcare components within a modern urban framework designed to create a sustainable community for future generations.
The project’s first phase embodies the scale and potential of a fully integrated development in its own right. The phase spans 4mn sq m and features a total built-up area of 1.4mn sq m. It includes a 2-km beachfront and promenade, open-sea connected lagoons suitable for swimming and yachting, as well as 195,000sq m of swimmable artificial lagoons, and open spaces accounting for approximately 85% of the total land area.
The development also features a town-centre marina with capacity for 50 yacht berths, and four hotels offering more than 1,000 rooms, sports centres, and international retail and dining venues, further reinforcing its position as a premier destination. The first phase is expected to generate approximately 30,000 direct and indirect jobs, backed by investments reaching up to 220bn Egyptian pounds.
The project’s overall masterplan includes 22km of seawater-connected lagoons, integrated with waterfront promenades and extended beaches, 850,000sq m of swimmable lagoons, an international marina accommodating up to 370 yacht berths, a domestic marina with 120 berths, and an 18-hole championship golf course spanning nearly 980,000sq m with direct sea views.
The development will also feature more than 3,500 hotel rooms across a collection of internationally branded hotels and resorts, positioning it as a regional hub for yacht tourism, sports, and global events.
The company also highlighted the project’s urban planning philosophy, which is centred on creating a walkable city through an integrated network of pedestrian and cycling paths, smart mobility solutions, and best-in-class environmental sustainability standards in water resource management, biodiversity protection, and climate resilience.
Alam Al Roum represents a transformative milestone in reshaping Egypt’s Mediterranean north coast. The project’s components are scheduled to be delivered progressively beginning in 2030, coinciding with the completion of the first phase.
Sheikh Hamad said, “This milestone reflects the scale of our commitment to Alam Al Roum. We remain committed to delivering this phase by 2030, supported by Egypt’s stable investment environment and long-term partnership opportunities.
“From the earliest stages, we have partnered with leading global experts in master planning, marina design, hospitality consulting, landscape architecture, and infrastructure engineering to ensure the project meets international best practices.”
Sheikh Hamad added: “We are implementing Phase 1 according to a carefully structured timeline targeting starting delivery in 2030. The project will help attract further investment, strengthen Egypt’s tourism sector, and capitalise on the exceptional advantages of the north coast.”
