CRYSTAL LAGOONS HAS PARTNERED WITH A’AMAL GROUP TO DEVELOP LUXURY COMPLEXES IN EGYPT FEATURING PUBLIC ACCESS LAGOONS (PAL). THIS DEAL CONSOLIDATES CRYSTAL LAGOONS’ PRESENCE IN THE MIDDLE EAST AND OFFERS UNIQUE TOURISM OPPORTUNITIES FOR THE PUBLIC.
Crystal Lagoons, the multinational innovation company established by scientist Fernando Fischmann, has increased its footprint in the Middle East with a new mega deal in Egypt by partnering with A’amal Group, a leading holding company with interests in investment, hospitality, real estate, and energy development across the Middle East, Asia, and Africa. The partnership aims to build multiple luxury complexes that will feature real estate, hospitality, and Public Access Lagoons(TM) (PAL(TM)), which are large crystalline lagoons suitable for swimming and water sports, surrounded by white sandy beaches. The complexes will also have commercial areas, restaurants, hotels, and concert venues, among others. PAL(TM) developments are open to the public for a fee and offer unique tourism opportunities.
Crystal Lagoons already has ongoing projects in the UAE, Egypt, Israel, Palestine, and Oman, including the world’s two largest crystalline lagoons located in the Middle East: District One in Dubai and Citystars Sharm El Sheikh in Egypt. The new partnership with A’amal Group will strengthen its presence in the region and demonstrate the company’s unique brand value.
Yassin Al Suroor, President & CEO of A’amal Group, expressed confidence that the partnership aligns with their future vision and working together will create exceptional destinations in the region.
In 2022, Crystal Lagoons experienced unprecedented global expansion with its PAL(TM) projects, entering over 15 new markets and securing significant business deals in countries such as Japan, Australia, India, Israel, Palestine, and others. With this latest partnership, the company is poised to continue its success in the Middle East and beyond.