Al-Alamein Becomes Egypt Billionaire’s Resort Site

Egyptian billionaire Ibrahim Kamel plans to build a $500 million seaside resort near the World War II battlefield of Al-Alamein, where the Allies defeated General Irwin Rommel’s Afrika Korps in 1942. Kamel’s Kato Group will construct 4,000 hotel rooms, a golf course, mall and entertainment complex in Ghazala Bay on the Mediterranean within five years that will compete with Red Sea vacation sites in Egypt. The Red Sea is the main tourist destination, luring more than half of Egypt’s 11 million visitors each year.

Bloomberg.com

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