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Under the deal, a special purpose vehicle owned by ADQ and its unit ADNEC, with respective 49% and 51% holdings.
14.01.2024 Reuters
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The Egypt-focussed Abu Dhabi Tourism Investment Company (ADTIC) that is 84% owned by the government of Abu Dhabi’s Abu Dhabi Fund for Development.
04.01.2024 Enterprise
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ravco subsidiary Jaz Hotel Group has acquired two hotels near the Pyramids and six cruise ships for a total of EGP 3.5 bn.
26.12.2023 enterprise
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Marriott International has entered an agreement with Palm Hills Developments for the launch of the Ritz-Carlton Cairo, Palm Hills.
24.12.2023 Travel weekly
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Every 15,000 additional rooms is estimated to generate EGP 1-2bn in value-added tax and EGP 2bn in commercial and industrial profit tax.
21.12.2023 Daily News Egypt
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Taking shape in the new city’s Central Business District on the eastern outskirts of Cairo, Hilton Cairo New Capital Tower is to open in Q1 2026.
07.12.2023 tophotel
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Prime Minister Mostafa Madbouly has voiced hope that Accor Group would expand its hotel activities in Egypt.
22.11.2023 Egypt Independent
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Located in the heart of the NAC’s masterplan, Hilton Cairo New Capital Tower is ideally located in the Central Business District.
20.11.2023 Egypt Today
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The hotels, among Egypt's grandest, are the Cataract in Aswan, the Winter in Luxor, the Mena House in Cairo and the Cecil in Alexandria.
12.11.2023 Reuters
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ADTIC is renovating two hotels in Sharm El-Sheikh and Hurghada with investments totaling approximately $81m.
12.11.2023 Daily News Egypt
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