Sales General Manager of Egypt’s real estate company Realmark Karim Mamoun confirms the total investments of El-Shams Tourist City stand at more than USD 4 bn, Invest-Gate reports.

Mamoun adds that El Shams Tourist City is an attractive site, spanning an area of 557 feddans and overlooking the Giza Pyramids.

He also says that the city will have nearby residential project entitled “2020”, featuring international hotels, shopping malls, and administrative buildings.