Mansour Amer established Amer Group in 1985, building it into a diversified conglomerate with interests in hospitality, construction, real estate, and agriculture. The Group is best known for its landmark resort destinations, including Porto Marina and Porto Golf on the North Coast, and Porto Sokhna on the Red Sea. In September 2026, Amer Group Holding’s Board of Directors approved the restructuring of its subsidiary, ANC for Tourism Development, formerly Amer for Tourism Development, in preparation for its temporary listing and trading on the Egyptian Exchange.