Modon Holding and Nammos are partnering for a resort on Egypt's northern coast

Saudi group Modon Holding and hotel brand Nammos Hotels & Resorts have announced the joint launch of Nammos Ras El Hekma, a new hotel complex located on the northern coast of Egypt.

Modon Holding, a Saudi real estate and development group, is partnering with Nammos Hotels & Resorts on a joint project on the Egyptian Mediterranean coast. The complex, named Nammos Ras El Hekma, is located in the Ras El Hekma region on Egypt's northern coast, an area that has seen significant investment in recent years.

This partnership brings together two players with distinct profiles: Modon Holding, backed by Saudi Arabia and active in the development of large urban and tourist projects, and Nammos, an international brand known for its high-end establishments located particularly in Greece and several Mediterranean destinations.