Hotel group Accor has signed an agreement with Port Ghalib Resorts company to manage the new Movenpick Port Ghalib, Arabian Industry reports. The 350-room hotel is part of the first phase of Marsa Alam’s USD 2 bn Port Ghalib development on the Red Sea’s western shore and is slated for completion in 2022. Port Ghalib Resorts is wholly owned by the Kuwaiti Al Kharafi & Sons group.