Rooya Group, founded in 2007 as an offshoot of TIBA for R.E. Development; founded by Engineer Hisham Shoukri in 1997, is one of the country’s fastest growing holding companies in the fields of Tourism & Real Estate Development, Investment & Contracting, as well as Consultancy; with investments of more than US$ 3 billion, a working capital worth over EGP 2 billion & a land bank of over 9 million m². Chaired by Eng. Hesham Shoukri who has over 20 years experience. Rooya Group owns 13 companies including TIBA Company, Okoplan and Rooya for Development of Real Estate and Tourism. Rooya boasts unique developments & resorts such as the astonishing La Vista 1 & 2 in El Sokhna & El Patio 1 & 2 in New Cairo. In a recent development in March of 2015, Pioneer bought 60% of Rooya and in June 2015 two funds joined Rooya namely EgyCap Investment Ltd. and Castle Property Company Ltd. Thus, the total ownership structure of Rooya is 52.2% Pioneer, 34.6% Hesham Shoukri, 8.8% EgyCap Investment Ltd. and 4.4% Castle Property Company Ltd