|
Egypt
More than US$ 650 Million Participation in
Egyptian companies including 4% shareholding in Orascom Telecommunications.
51% participation in the Intercontinental Hotel
Hurghada, Red Sea Coast of Egypt.
32% participation in Hilton Sharm Dreams in
Sharm El Sheikh.
38% participation in Sharm Dreams Holding for
Tourism & Hotels.
Acquisition of Diamond Sharm & Grand Sharm
Hotels in Sharm El Sheikh for the sum of US$ 87
million.
Lebanon
Completion of US$ 220 Million Touristic Complex
in Lebanon 2003.
80% participation in the Hilton Hotel (under
construction) in the Solidere area in the heart
of Beirut.
Various other investments in Real Estate &
Shares in the order of US$ 170 Million.
Jordan
Participation in the following Jordanian
Banks:
- Union Bank for Investment & Savings.
- Bank of Jordan.
- Jordan Kuwait Bank.
Completion of Le Royal Hotel & Complex in Amman
in 2002 costing in excess of US$300 million.
Acquisition of the majority shares of Dunes Club
which is one of the most
prestigious Social Clubs in the area.
Major Shareholding of US$112 million in King
Abdullah's Fund / Conference Centre Project on
the Dead Sea.
Incorporation of the Horizon Investment &
Development Group.
Syria
Incorporation of the Horizon Investment &
Development Group with a paid up capital of US$
25 Million
Tunis
Ownership of Le Royal Hammamet Five Star Hotel
complex, Residential Village, Convention Centre
in excess of US$110 million.
Morocco
Acquisition of Rentistica in Tangier, together
with Le Royal El Minzah Five Star Hotel and
Hotel Villa de France, and other real estate
projects in Morocco in excess of US$120 million.
France
Real Estate investments in excess of Euros 300
Million.
Establishment of the Resideal Hotel chain.
Acquisition of 3 Hotels in Cannes, Antibes & La
Grande Motte.
Luxembourg
General Mediterranean Holding S.A established in
1979.
Incorporation of Cipaf in 1981, the financial
arm of GMH with assets reaching 640 million
Euros.
Real estate investments in Luxembourg well over
Euros 180 million.
Strategic block investments in excess of US$100
million in Coniston, Paribaven, Japan, Pan
African Investments and participation in NACO .
Opening of Centre Financier, GMH Headquarters.
Opening of Hotel Le Royal Luxembourg in 1984.
Acquisition of Soludec - the premier
construction company in Luxembourg and one of
the best in the Benelux countries.
United Kingdom
Establishment of Italgrade Ltd., a UK trading
company.
Establishment of UK real estate subsidiary,
Tucan Investments Plc with more than US$ 200
Million in assets.
Acquisition of Crescent Pharmaceuticals manufacturing with 200
Generic Licenses.
Plans for the construction of a Five Star Hotel & Conference
Centre in London.
Acquisition of Bliss Chemists.
Media - ANB Arabic Satellite Channel, Middle
East Online News Portal and i-vu
media solutions.
General
Real Estate investments in Canada & USA valued
at more than US$ 450 Million.
Acquisition of the Hotel Miguel Angel, one of
the leading hotels in Madrid worth Euros 150
Million.
Acquisition of nine Boeing 727-200 Advanced
aircrafts and 1 Cargo plane.
Acquisition of Cosmo Sports in Düsseldorf,
Germany.
Expansion of Soludec (The Luxembourg
Construction Co) into the Middle and Far East.
Acquisition of Bank Compagnie Nord (BCN) in
Germany in 1997.
An investment of 1000 Mega Watt Power Plant in
India for US$ 950 Million.
Sugar Refinery in Pakistan.
Euros 85 Million participation in Weather
Telecommunications Group in Italy.
US$ 25 Million investment in Banking & Real
Estate in Russia.
Motor Racing - A1 Grand Prix Team Lebanon in
2005.
Media - Investing in Korad Advertising & Public
Relations Company in South Korea.
|