{"id":590706,"date":"2019-12-31T04:21:32","date_gmt":"2019-12-31T04:21:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/egypt-signs-mou-with-saudi-investor-to-renovate-shepheard-hotel\/"},"modified":"2019-12-31T04:21:32","modified_gmt":"2019-12-31T04:21:32","slug":"egypt-signs-mou-with-saudi-investor-to-renovate-shepheard-hotel","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/egypt-signs-mou-with-saudi-investor-to-renovate-shepheard-hotel\/","title":{"rendered":"Egypt signs MoU with Saudi investor to renovate Shepheard Hotel"},"content":{"rendered":"

Egypt has signed an MoU with an unnamed Saudi investor to renovate the Shepheard Hotel, Public Enterprises Minister Hisham Tawfik said, according to a cabinet statement<\/a>. The final contract, which will be signed within a month, will see the Saudi investor finance the renovation of the historic hotel and will get a cut of revenues once it is operational again, Tawfik told Hapi Journal<\/a>. The expected cost of the renovation was not disclosed.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt has signed an MoU with an unnamed Saudi investor to renovate the Shepheard Hotel, Public Enterprises Minister Hisham Tawfik said, according to a cabinet statement. The final contract, which will be signed within a month, will see the Saudi investor finance the renovation of the historic hotel and will get a cut of revenues […]<\/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":[10875,10872,10874,10873,2843,238,10876],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-590706","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-electronic-platform","tag-mou","tag-renovation","tag-shepheard-hotel","tag-tinder","tag-tourism","tag-tourist-destination","wpautop","entry"],"acf":{"mongo_id":"2f955c88-6cb4-414e-b1ee-9286b2a2a989","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[590678],"teaser":"","voice_url":""},"yoast_head":"\nEgypt signs MoU with Saudi investor to renovate Shepheard Hotel - 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\/2019\/12\/31\/egypt-signs-mou-with-saudi-investor-to-renovate-shepheard-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt signs MoU with Saudi investor to renovate Shepheard Hotel\" \/>\n<meta property=\"og:description\" content=\"Egypt has signed an MoU with an unnamed Saudi investor to renovate the Shepheard Hotel, Public Enterprises Minister Hisham Tawfik said, according to a cabinet statement. The final contract, which will be signed within a month, will see the Saudi investor finance the renovation of the historic hotel and will get a cut of revenues […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/egypt-signs-mou-with-saudi-investor-to-renovate-shepheard-hotel\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-31T04:21:32+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\/2019\/12\/31\/egypt-signs-mou-with-saudi-investor-to-renovate-shepheard-hotel\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/egypt-signs-mou-with-saudi-investor-to-renovate-shepheard-hotel\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt signs MoU with Saudi investor to renovate Shepheard Hotel\",\"datePublished\":\"2019-12-31T04:21:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/egypt-signs-mou-with-saudi-investor-to-renovate-shepheard-hotel\/\"},\"wordCount\":83,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"electronic platform\",\"MoU\",\"renovation\",\"Shepheard hotel\",\"Tinder\",\"tourism\",\"tourist destination\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/egypt-signs-mou-with-saudi-investor-to-renovate-shepheard-hotel\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/31\/egypt-signs-mou-with-saudi-investor-to-renovate-shepheard-hotel\/\",\"name\":\"Egypt signs MoU with Saudi investor to renovate Shepheard Hotel - 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