EBRD Arranges $265 Million Financing Package for ADD Properties' Hospitality Expansion in Egypt

The European Bank for Reconstruction and Development is arranging a US$ 265 million financing package for ADD Properties, a member of Sami Saad Holding, with the EBRD providing the largest facility at US$ 127.5 million. The EBRD said it has been mandated as the initial lead arranger and bookrunner on the transaction.

How the ADD Properties Package Is Split

The International Finance Corporation is acting as a mandated lead arranger and is extending a loan of US$ 60 million by way of the Mutual Reliance Framework. Emirates NBD Egypt is acting as MLA, global facility agent and onshore account bank, providing US$ 40 million, while its subsidiary DenizBank AG serves as the offshore security agent and offshore account bank. National Bank of Egypt, acting as MLA, local facility agent and onshore security agent, is providing a US$ 37.5 million loan. EFG Hermes, an EFG Holding company, is acting as the sole financial advisor and bookrunner.

The financing aims to strengthen ADD Properties' capital structure and support the growth of its hospitality portfolio, anchored by the development of a new Grand Hyatt hotel in West Cairo. Bassel Sami Saad, Chairman of ADD Properties, said: "This partnership reflects the confidence of leading international and regional financial institutions in Egypt's investment potential and ADD Properties' long-term vision." National Bank of Egypt reported a net profit after tax of EGP 175.5bn for 2025, up from EGP 133.3bn the prior year, according to Dailynewsegypt.

ADD Properties' Earlier Hospitality Moves

According to akta.pro company records, ADD Properties announced a strategic investment plan exceeding $200 million with Hyatt Hotels Corporation in June 2025 for hospitality and branded residence development in Egypt. The same records show the company launched the ADD Hotel School in Hurghada in October 2025, in coordination with Egypt's Ministry of Education and Tourism School Salzburg, introducing Egypt's first accredited hospitality baccalaureate program. ADD Properties was founded in 2007 and operates across London, Cairo West and Hurghada.

Other EBRD-Backed Lending This Month

The EBRD and the EU signed a $20 million loan package with ArmSwissBank on October 21, 2026 to expand finance for Armenian refugee and youth-owned MSMEs, the EBRD reported. What Rebates closed a new revolving credit facility to finance energy-efficiency equipment for controlled-environment agriculture operators, expected to support over $18 million in projects over the next 12 months in the U.S. and Canada, EIN Presswire reported on October 27, 2026.

Training and Green Certification Plans

The financing will be complemented by technical assistance for training programmes for young women and men in Cairo and Hurghada. The assistance will also support a corporate governance action plan and a portfolio-wide green transition, including certification of existing assets to LEED "Silver" standards.