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.
More from Enterprise
Your points are currency, treat them like one
Most people treat credit card points like a pleasant surprise:…
How should young people think about money and budgeting?
Your income and your time are your biggest assets in…
Egypt tenders 128-km transmission line to plug in El Dabaa
Plus: Gov’t mulls importing 30 more LNG cargoes in 4Q…
Blnk raises USD 37.1 mn to scale its consumer finance operations
The local fintech reached profitability last year and will use…