El-Shahawi Group had its beginnings in 1976 with the development of residential buildings across Cairo. These activities resulted in the formation of the real estate development company known as Galalah, and the company’s success in Ein El-Sokhna began with the groundbreaking development of Ein Resort in 1992. This was followed in 1998 by the development of Ein Bay. In the same year, the company expanded its activities to cover cement production, forming the Arabian Cement Company. Further real estate activities commenced in 2005, when the company initiated the Palm Islands project in Na’ema Bay in Sharm El Sheikh. 2005 saw massive expansion into new business sectors, which prompted the formation of El-Shahawi group, which includes five subsidiaries: the Arabian Cement Company, which oversees cement production; Ready Rocks, which oversees aggregates production; Premix Concrete, which handles ready mix concrete production; El-Shahawi for engineering and contracting; and El-Shahawi for real estate development.