Emirati businessman Khalaf al-Habtoor renews desire to invest in Egypt’s Regal Heights Hotel

“Encouraging businessmen to invest begins with setting logical and realistic foundations for any process aimed at making it successful, and not the other way around,” he said.

Habtoor continued: “Here I renew my desire to invest in the Regal Heights Hotel, which was offered to us in the tourist area of el-Alamein. We had entered into negotiations to buy it, but we were shocked by the imaginary prices required for sale, which exceed reality.”

“Our offer to invest in this hotel was according to the average price of hotel rooms in the world, which is the system adopted globally in the most important tourist cities such as New York, Paris, London, Berlin and Dubai.”

“If we succeed as investors in this hotel, we will, God willing, become a gateway for investors from all over the world,” he concluded.