Company: Golden Pyramids Plaza
Country: Egypt
Sector: Real Estate Development
CEO: Abdulrahman Hassan Sharbatly (Chairman and Co-Managing Director)
Website: https://goldenpyramidsplaza.com.eg/
Careers Page: Not publicly listed
LinkedIn: https://www.linkedin.com/company/golden-pyramids-plaza
Email: Not publicly listed
Headquarters: Nasr City, Cairo, Egypt
Founded: 1991
Valuation/Revenue: $658.5m market value (African Business Top 250, 2025); Forbes Middle East cited a market capitalisation of roughly $808.6m on the Egyptian Exchange in its Egypt’s 50 Most Valuable Companies 2026 list
Golden Pyramids Plaza S.A.E. is an Egyptian real estate and hospitality company that owns City Stars, one of the largest mixed-use commercial complexes in Cairo, including more than 550 retail units alongside the InterContinental Cairo Citystars and Holiday Inn Cairo Citystars hotels and long-stay hotel suites. Established in 1991 and controlled by Saudi billionaire Abdulrahman Sharbatly and affiliated entities, it trades on the Egyptian Exchange in Nasr City, Cairo.
What Does Golden Pyramids Plaza Do?
The company’s core asset is the City Stars complex in Nasr City, one of Cairo’s landmark shopping, entertainment and hospitality destinations, combining a large retail mall with two international-branded hotels and extended-stay suites. Its revenue mix therefore spans real estate leasing income from retail tenants and hospitality revenue from hotel operations, giving Golden Pyramids Plaza exposure to both Egypt’s consumer retail spending and its tourism and business-travel sectors. It is classified by Forbes Middle East under travel and hospitality given the weight of its hotel operations, while African Business’s ranking classifies it as real estate development.
How Big Is Golden Pyramids Plaza?
African Business’s Top 250 (2025) valued the company at roughly $658.5 million in market value; Forbes Middle East’s Egypt’s 50 Most Valuable Companies 2026 list cited a somewhat higher figure of approximately $808.6 million in market capitalisation on the Egyptian Exchange, reflecting normal fluctuations in Egyptian pound-denominated share prices and USD conversion over the period between the two rankings. The company’s full-year 2024 operating revenues were reported at roughly $94.3 million.
Who Runs Golden Pyramids Plaza?
Abdulrahman Hassan Abbas Sharbatly, a Saudi billionaire and the company’s founder, has served as Chairman and Co-Managing Director since 2012. He also founded and chairs the wider Golden Pyramids Real Estate Group. No separate “Chief Executive Officer” title distinct from Sharbatly’s chairman/co-managing director role is publicly documented for the company.
Who Owns Golden Pyramids Plaza?
Ownership is concentrated among the Sharbatly family and affiliated investment vehicles: Memphis Worldwide Hotel holds the largest single stake at approximately 32.6%, Abdulrahman Sharbatly personally holds about 21.7%, Lady Well Corp holds around 11.1%, Blue Nile Limited holds roughly 7.6%, and Al Nahla Trading and Contracting Company holds about 4.2%. Combined, Sharbatly family-linked holdings exceed 40% of the company, giving the family effective control despite the company’s public listing.
Is Golden Pyramids Plaza Publicly Traded?
Yes. Golden Pyramids Plaza is listed on the Egyptian Exchange (EGX) under the ticker GPPL.
What Has Golden Pyramids Plaza Been in the News For Recently?
In its first quarter of 2026, the company reported a sharp 89% year-on-year drop in net profit to about $4.9 million, even though operating revenue was nearly flat, down only about 2.5% to roughly $25.4 million, a divergence analysts attributed to cost pressures and one-off items or unusually strong prior-year comparatives rather than a structural decline in the underlying retail and hospitality business. The company also featured in Forbes Middle East’s 2026 ranking of Egypt’s 50 most valuable companies, underscoring its continued status as one of the country’s larger listed real estate and hospitality names despite the earnings volatility.
How Does Golden Pyramids Plaza Compare to Its Competitors?
As owner of City Stars, Golden Pyramids Plaza competes with other major Egyptian mixed-use and mall developers such as Talaat Moustafa Group, Palm Hills Developments, and SODIC in real estate, and with other Cairo hotel operators in hospitality. Its combination of large-scale retail and internationally branded hotel assets under one roof is a relatively distinctive positioning compared with pure-play residential developers.
How Old Is Golden Pyramids Plaza?
The company was established on August 20, 1991, during a period of significant expansion in Cairo’s Nasr City district, and has spent more than three decades building out and operating the City Stars complex into one of the Egyptian capital’s most recognisable retail and hospitality landmarks, anchored by its InterContinental and Holiday Inn hotel partnerships.
How Do I Contact Golden Pyramids Plaza?
Golden Pyramids Plaza’s registered office is listed at 2 Alraed Aly Rashed Street, Star Capital 2, Nasr City, Heliopolis West, Cairo; the company does not appear to publish a general public customer-service email address, and enquiries related to City Stars retail leasing or the InterContinental/Holiday Inn hotels are typically directed through those individual brand or property contact channels rather than the parent company directly.
How Do I Apply for a Job at Golden Pyramids Plaza?
The parent company itself is a relatively lean holding entity, with the bulk of on-the-ground employment sitting within the City Stars mall operations and the InterContinental and Holiday Inn hotel teams; job seekers are generally better served searching those hotel brands’ own career portals and Egyptian hospitality/retail job boards rather than a dedicated Golden Pyramids Plaza careers page, which was not found.
Links
Website: https://goldenpyramidsplaza.com.eg/
Careers Page: Not found
LinkedIn: https://www.linkedin.com/company/golden-pyramids-plaza
Email: Not publicly listed
FAQ
Is Golden Pyramids Plaza legit?
Yes, it is a long-established, Egyptian Exchange-listed owner of the City Stars complex in Cairo, controlled by Saudi billionaire Abdulrahman Sharbatly.
Who is the CEO of Golden Pyramids Plaza?
Abdulrahman Hassan Sharbatly serves as Chairman and Co-Managing Director; no separate CEO title is publicly documented.
Who owns Golden Pyramids Plaza?
Memphis Worldwide Hotel (32.6%), Abdulrahman Sharbatly personally (21.7%), and several other Sharbatly-linked entities together control more than 40% of the company.
Where is Golden Pyramids Plaza headquartered?
At the City Stars complex in Nasr City, Cairo, Egypt.
How old is Golden Pyramids Plaza?
It was established in 1991.
Is Golden Pyramids Plaza publicly traded?
Yes, on the Egyptian Exchange under the ticker GPPL.