{"id":601118,"date":"2019-02-19T03:59:56","date_gmt":"2019-02-19T03:59:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypts-nabq-sinai-plans-to-build-egp-300-400-mn-hotel-in-ain-sokhna\/"},"modified":"2019-02-19T03:59:56","modified_gmt":"2019-02-19T03:59:56","slug":"egypts-nabq-sinai-plans-to-build-egp-300-400-mn-hotel-in-ain-sokhna","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypts-nabq-sinai-plans-to-build-egp-300-400-mn-hotel-in-ain-sokhna\/","title":{"rendered":"Egypt\u2019s Nabq Sinai plans to build EGP 300-400 mn hotel in Ain Sokhna"},"content":{"rendered":"

Hotelier Nabq Sinai is planning to build a new EGP 300-400 mn hotel in Ain Sokhna, which will be financed through equity and proceeds from its planned IPO, Chairman Hossam Attia tells Al Mal<\/a>. The company is expecting to finalize the preparations for an IPO to sell 25% of its shares, which we had noted last month<\/a>, by 31 March. The company\u2019s plans to raise its capital to EGP 100 mn from EGP 60 mn to meet regulatory requirements for the IPO is pending approval from the Tourism Development Authority.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hotelier Nabq Sinai is planning to build a new EGP 300-400 mn hotel in Ain Sokhna, which will be financed through equity and proceeds from its planned IPO, Chairman Hossam Attia tells Al Mal. The company is expecting to finalize the preparations for an IPO to sell 25% of its shares, which we had noted […]<\/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":[72,955,125,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601118","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-enterpriseam","tag-hospitality","tag-investment-watch","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"54d0fa5c-eafb-4f05-bfa6-f03208bec4ed","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[601084],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s Nabq Sinai plans to build EGP 300-400 mn hotel in Ain Sokhna - 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\/02\/19\/egypts-nabq-sinai-plans-to-build-egp-300-400-mn-hotel-in-ain-sokhna\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Nabq Sinai plans to build EGP 300-400 mn hotel in Ain Sokhna\" \/>\n<meta property=\"og:description\" content=\"Hotelier Nabq Sinai is planning to build a new EGP 300-400 mn hotel in Ain Sokhna, which will be financed through equity and proceeds from its planned IPO, Chairman Hossam Attia tells Al Mal. The company is expecting to finalize the preparations for an IPO to sell 25% of its shares, which we had noted […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypts-nabq-sinai-plans-to-build-egp-300-400-mn-hotel-in-ain-sokhna\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-19T03:59:56+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\/02\/19\/egypts-nabq-sinai-plans-to-build-egp-300-400-mn-hotel-in-ain-sokhna\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypts-nabq-sinai-plans-to-build-egp-300-400-mn-hotel-in-ain-sokhna\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s Nabq Sinai plans to build EGP 300-400 mn hotel in Ain Sokhna\",\"datePublished\":\"2019-02-19T03:59:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypts-nabq-sinai-plans-to-build-egp-300-400-mn-hotel-in-ain-sokhna\/\"},\"wordCount\":101,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"hospitality\",\"investment watch\",\"tourism\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypts-nabq-sinai-plans-to-build-egp-300-400-mn-hotel-in-ain-sokhna\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/egypts-nabq-sinai-plans-to-build-egp-300-400-mn-hotel-in-ain-sokhna\/\",\"name\":\"Egypt\u2019s Nabq Sinai plans to build EGP 300-400 mn hotel in Ain Sokhna - 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The 200-room Hilton Ain Sokhna hotel is set to open in 2024.","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":599585,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/dp-world-signs-egp-1-6-bn-agreement-to-expand-ain-sokhna-port\/","url_meta":{"origin":601118,"position":4},"title":"DP World signs EGP 1.6 bn agreement to expand Ain Sokhna Port","author":"enterpriseam admin","date":"3 January 2019","format":false,"excerpt":"INVESTMENT WATCH- UAE\u2019s DP World moving ahead with EGP 1.6 bn expansion of Ain Sokhna port: DP World has signed an EGP 1.6 bn agreement to move ahead with part of its project to expand Ain Sokhna port, the domestic press reports, citing unnamed sources. 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