Damietta Furniture City Company and Abdulmohsen Al Hokair Group sign a memorandum of understanding to establish a number of projects in Damietta, Al Arabiya news website reports.

The MoU aims to establish a four-star hotel with 200 rooms, an international conference center, showrooms with a total built-up area of 20,000 square meters, and a 70,000-square-meter commercial and entertainment hub, in addition to 300 furniture showrooms.

The company plans to establish an integrated city specialized in the furniture industry.