Egypt Allots EGP 1.7 bn for Grand Continental Hotel Revamp

Downtown Cairo’s Grand Continental Hotel is being redeveloped into a 250-key five-star business hotel, with investments estimated at EGP 1.7 bn, after the state began tearing it down in early January.

ASG to Invest EGP 1.4 bn For Shepheard Hotel Renovation

Egyptian General Company for Tourism & Hotels (EGOTH) has inked an investment deal worth EGP 1.4 bn with Saudi Al-Sharif Group for Contracting, Trading and Development Holding (ASG) to renovate Shepheard Hotel, In ...

TMG to Establish 5-Star Hotel in Luxor

The Arab Company for Hotel & Tourism Investment (ICON), a subsidiary of Talaat Mostafa Group (TMG), and the Egyptian General Company for Tourism and Hotels (EGOTH) have inked a deal to establish a 5-star hotel on ...

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