Misr Hotels Company, an Egyptian joint stock company, incorporated under the Prime Minister's decision, issued on 11/05/1955 published in the Egyptian Gazette issue number 48 on 20/06/1955, according to the Companies Act No. 26 of 54 on the regulations of joint stock companies.
In 1971Misr Hotels Company became a subsidiary to the General Egyptian Organization for Tourism and Hotels to be part of the public sector companies subject to the provisions of Law No. 60 of 1971.
In 1983 the company became subject to the provisions of Law No. 97 of 1983 and its implementing regulations on the public sector bodies and companies.
In 1991, the company was subject to the provisions of the Public Business Sector Law No. 203 of 1991 and its executive regulations, and pursuant to which the company became one of the subsidiaries of the Holding Company for Tourism and Hotels.
Carrying out all Tourism & Hotel activities including constructing, buying and selling hotels , resorts , casinos and restaurants.
Contracting to utilize beaches, sea and Nile ports, diving and water sports clubs, entertainment sites and parks. Then preparing those ventures and furnishing them to be managed whether individually or by a management company (under MHC supervision).
Joining or participating in similar companies and organizations, and carrying out tourism, banking, financial, commercial, industrial and real estate businesses related to the company within Egypt or abroad.
Carrying out the urban development activities for the tourist sites