Qatari Diar is planning to inaugurate its St. Regis Cairo Hotel on the Nile Corniche in the first half of the year after obtaining a license to get the facility up and running, sources told the press. The hotel was slated for inauguration as early as March 2018, but delays in finishing the paperwork pushed the timeline. The 515-room, 9.4k sqm hotel has cost the Qatari developer some USD 1.3 bn over the past three years. The St. Regis brand is owned by Marriot.