Shahawi group had its beginnings in 1976 with the development of several residential buildings across Cairo. These activities resulted in the formation of the real estate development company known as “Galalah” that began its major breakthrough in Ein Sokhna in 1992 initiating “Ein Resort” followed by “Ein Bay” in 1998. Later this year, the company expanded its activities to cover cement production forming “Arabian Cement Company”Further real estate activities commenced in 2005 when the company initiated “The Palm Islands” project in Nae’ma Bay Sharm El Sheikh. 2005 saw massive expansion into new business sectors, which prompted the formation of Shahawi group.