{"id":604565,"date":"2018-12-06T04:03:10","date_gmt":"2018-12-06T04:03:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/cleopatra-plans-to-build-two-holiday-resorts-in-matrouh-for-egp-10-bn\/"},"modified":"2018-12-06T04:03:10","modified_gmt":"2018-12-06T04:03:10","slug":"cleopatra-plans-to-build-two-holiday-resorts-in-matrouh-for-egp-10-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/06\/cleopatra-plans-to-build-two-holiday-resorts-in-matrouh-for-egp-10-bn\/","title":{"rendered":"Cleopatra plans to build two holiday resorts in Matrouh for EGP 10 bn"},"content":{"rendered":"<p><b>Cleopatra Hospitality Group plans to build two holiday resorts in Marsa Matrouh at a cost of c. EGP 10 bn<\/b> over the next five years, <a href=\"https:\/\/alborsaanews.com\/2018\/12\/05\/1158914\">Group Chairman Mohamed Abou El Enein said<\/a> yesterday. <a href=\"http:\/\/www.cleopatraluxury.com\/Pages\/InnerPage.aspx?PageId=2&LangId=1\">Cleopatra Group<\/a> will self-finance about one-third of the cost and seek bank finance for the rest. The company is also eyeing new investments in Africa, including Ghana and Guinea, worth USD 100 mn, Abou El Enein said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cleopatra Hospitality Group plans to build two holiday resorts in Marsa Matrouh at a cost of c. EGP 10 bn over the next five years, Group Chairman Mohamed Abou El Enein said yesterday. Cleopatra Group will self-finance about one-third of the cost and seek bank finance for the rest. The company is also eyeing new [&hellip;]<\/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":[8572],"tags":[7411,72,955,3056,2380,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604565","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-cleopatra","tag-enterpriseam","tag-hospitality","tag-matrouh","tag-speed-round","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"3dcbcca4-eb06-4a33-a256-1660db989e56","order":"0","is_powered_by":true,"section_story_id":"643c444f-149a-40d1-a010-040444763f6d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[604551],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cleopatra plans to build two holiday resorts in Matrouh for EGP 10 bn - 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\/2018\/12\/06\/cleopatra-plans-to-build-two-holiday-resorts-in-matrouh-for-egp-10-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cleopatra plans to build two holiday resorts in Matrouh for EGP 10 bn\" \/>\n<meta property=\"og:description\" content=\"Cleopatra Hospitality Group plans to build two holiday resorts in Marsa Matrouh at a cost of c. EGP 10 bn over the next five years, Group Chairman Mohamed Abou El Enein said yesterday. Cleopatra Group will self-finance about one-third of the cost and seek bank finance for the rest. 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The investments will go into real estate development and tourism projects in Al Alamein, Ain Sokhna and 6 October City,\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":610127,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/15\/egyptair-places-big-airbus-order-plus-news-from-sodic-afreximbank-hayat-cleopatra-group\/","url_meta":{"origin":604565,"position":2},"title":"EgyptAir places big Airbus order. PLUS: News from SODIC, Afreximbank, Hayat, Cleopatra Group","author":"enterpriseam admin","date":"15 November 2023","format":false,"excerpt":"AVIATION- EgyptAir has placed another big order for new aircraft. National flag carrier EgyptAir has placed an order for 10 new A350-900 jets from Airbus, the European planemaker announced in a statement. The value of the contract was not disclosed, but the manufacturer\u2019s standard price list puts the figure at\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/809.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593830,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/10\/egypts-ceramica-cleopatra-to-invest-egp-6-bn-in-two-new-factories-next-year\/","url_meta":{"origin":604565,"position":3},"title":"Egypt\u2019s Ceramica Cleopatra to invest EGP 6 bn in two new factories next year","author":"enterpriseam admin","date":"10 October 2019","format":false,"excerpt":"Ceramica Cleopatra Group is planning to invest EGP 6 bn next year to set up two new factories to manufacture porcelain and ceramic tiles, and healthcare products, Chairman Mohamed Aboul Enein said, according to the local press. The factories, which will be set up in Ain Sokhna and the 10\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651285,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/08\/matrouh-signs-three-agreements-for-egp-2-bn-in-tourism-projects\/","url_meta":{"origin":604565,"position":4},"title":"Matrouh signs three agreements for EGP 2 bn in tourism projects","author":"enterpriseam admin","date":"8 February 2017","format":false,"excerpt":"Marsa Matrouh\u2019s governor has signed three agreements worth EGP 2 bn to establish tourist resorts spanning between 10 and 100 feddans, Al Borsa reported. The report provides no further details of the resorts or the investors behind them.","rel":"","context":"In &quot;Tourism&quot;","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":634966,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/madar-to-invest-egp-10-bn-in-tourism-project-in-matrouh\/","url_meta":{"origin":604565,"position":5},"title":"Madar to invest EGP 10 bn in tourism project in Matrouh","author":"enterpriseam admin","date":"30 January 2018","format":false,"excerpt":"INVESTMENT WATCH- Tourism investment company Madar will invest in a EGP 10 bn tourism development in Matrouh, according to a statement from the Investment Ministry. 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