{"id":567525,"date":"2020-01-26T03:57:37","date_gmt":"2020-01-26T03:57:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation\/"},"modified":"2020-01-26T03:57:37","modified_gmt":"2020-01-26T03:57:37","slug":"al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation\/","title":{"rendered":"Al Sharif Group to sign contract for EGP 1.4 bn Shepheard Hotel renovation"},"content":{"rendered":"

Al-Sharif Group Holding<\/a> (ASG) will sign a contract to renovate the Shepheard Hotel next month, Holding Company for Tourism and Hotels Chairman Mervat Hataba told Masrawy<\/a>. The Saudi company will finance the EGP 1.4 bn renovations of the historic hotel and will get a cut of revenues<\/a> once it is operational again.<\/p>\n","protected":false},"excerpt":{"rendered":"

Al-Sharif Group Holding (ASG) will sign a contract to renovate the Shepheard Hotel next month, Holding Company for Tourism and Hotels Chairman Mervat Hataba told Masrawy. The Saudi company will finance the EGP 1.4 bn renovations of the historic hotel and will get a cut of revenues once it is operational again.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7377],"tags":[72,3621,955,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567525","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-enterpriseam","tag-holding-company-for-tourism-and-hotels","tag-hospitality","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"b8725485-c6e5-40a4-9330-c5a65ada261f","is_powered_by":true,"section_story_id":"aa523544-a3e5-49ac-9c35-16cec6e5627f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[567498],"teaser":"","voice_url":""},"yoast_head":"\nAl Sharif Group to sign contract for EGP 1.4 bn Shepheard Hotel renovation - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Al Sharif Group to sign contract for EGP 1.4 bn Shepheard Hotel renovation\" \/>\n<meta property=\"og:description\" content=\"Al-Sharif Group Holding (ASG) will sign a contract to renovate the Shepheard Hotel next month, Holding Company for Tourism and Hotels Chairman Mervat Hataba told Masrawy. The Saudi company will finance the EGP 1.4 bn renovations of the historic hotel and will get a cut of revenues once it is operational again.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-26T03:57:37+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Al Sharif Group to sign contract for EGP 1.4 bn Shepheard Hotel renovation\",\"datePublished\":\"2020-01-26T03:57:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation\/\"},\"wordCount\":63,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Holding Company for Tourism and Hotels\",\"hospitality\",\"tourism\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/al-sharif-group-to-sign-contract-for-egp-1-4-bn-shepheard-hotel-renovation\/\",\"name\":\"Al Sharif Group to sign contract for EGP 1.4 bn Shepheard Hotel renovation - 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The agreement would see the Emirati company and EGOTH each holding\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605153,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/egypt-mulling-re-issuing-tender-to-sell-51-stake-in-shepheard-hotel\/","url_meta":{"origin":567525,"position":3},"title":"Egypt mulling re-issuing tender to sell 51% stake in Shepheard Hotel","author":"enterpriseam admin","date":"23 December 2018","format":false,"excerpt":"The Public Enterprises Ministry is mulling re-issuing a tender to sell a 51% stake in the Shepheard Hotel in downtown Cairo or bringing the hotel under Egypt\u2019s in-the-works EGP 200 bn sovereign wealth fund to finance the hotel\u2019s development, Minister Hisham Tawfik tells Al Mal. 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