Roya Developments

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About Roya Developments

Roya Group, founded in 2007 as an offshoot of TIBA for R.E. Development; founded by Engineer Hisham Shoukri in 1997, is one of the country’s fastest growing holding companies in the fields of Tourism & Real Estate Development, Investment & Contracting, as well as Consultancy; with investments of more than US$ 3 billion, a working capital worth over EGP 2 billion & a land bank of over 9 million m².
Chaired by Eng. Hesham Shoukri who has over 20 years experience.  Roya Group owns 13 companies including TIBA Company, Okoplan and Roya for Development of Real Estate and Tourism.  Roya boasts unique developments & resorts such as the astonishing La Vista 1 & 2 in El Sokhna & El Patio 1 & 2 in New Cairo.
In a recent development in March of 2015, Pioneer bought 60% of Roya and in June 2015 two  funds joined Roya namely EgyCap Investment Ltd. and Castle Property Company Ltd.
Thus, the total ownership structure of Roya is 52.2% Pioneer, 34.6% Hesham Shoukri, 8.8% EgyCap Investment Ltd. and 4.4% Castle Property Company Ltd.
Roya pioneers in providing elegance, uniqueness & innovation in its projects that include Telal EL Sokhna, an outstanding resort with an incredibly pure 6 km sea shore & consists of more than 2000 luxurious villas & chalets & two unique hotels.  With over EGP 4 billion invested, this 2.5 million m² resort is only 150 kms from Cairo.

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