{"id":610335,"date":"2023-11-19T00:00:00","date_gmt":"2023-11-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/hilton-and-amazon-developments-to-build-hotel-in-new-capital-tower-plus-news-from-ifc-jan-de-nul-egyptair\/"},"modified":"2023-11-19T00:00:00","modified_gmt":"2023-11-19T00:00:00","slug":"hilton-and-amazon-developments-to-build-hotel-in-new-capital-tower-plus-news-from-ifc-jan-de-nul-egyptair","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/19\/hilton-and-amazon-developments-to-build-hotel-in-new-capital-tower-plus-news-from-ifc-jan-de-nul-egyptair\/","title":{"rendered":"Hilton and Amazon Developments to build hotel in new capital tower. PLUS news from IFC, Jan De Nul, EgyptAir"},"content":{"rendered":"

HOSPITALITY- <\/strong><\/p>\n

Hilton partners with Amazon Developments for new capital hotel:<\/strong> American hospitality giant Hilton Hotels & Resorts has inked a contract with the Egypt-focused Emirati real estate developer Amazon Developments<\/a> to establish a hotel inside a tower it is constructing in the new capital, according to a press release cited in Al Mal<\/a>. The 120-room hotel with four restaurants and a swimming pool is expected to open in 2026. Hilton is currently in the process doubling its presence in Egypt by building and opening<\/a> 13 new hotels by 2028 as of March 2023.<\/p>\n

HEALTHCARE-<\/strong><\/p>\n

The IFC could have a hand in increasing the private sector\u2019s role in healthcare:<\/strong>Health Ministry officials held talks over the weekend with the International Finance Corporation (IFC) about expanding public-private partnerships in the healthcare sector, the ministry said<\/a> yesterday.<\/p>\n

Remember:<\/strong> The IFC is advising<\/a> Egypt on its state privatization program.<\/p>\n

ENERGY-<\/strong><\/p>\n

Jan De Nul inks Mediterranean link MoU: <\/strong>Belgian maritime services provider Jan De<\/a>Nul<\/a> will start studying a project to export renewable energy of at least 2 GW from Egypt to Europe via a Mediterranean link, under an MoU inked with the Egyptian Electricity Transmission Company (EETC) on Thursday, according to a cabinet statement<\/a>. The cabinet greenlit<\/a> the move last month. <\/p>\n

** <\/strong>There are a number of other proposed Egypt-Europe interconnection projects in the works that we covered in a Going Green<\/a> published earlier this year. <\/p>\n

AVIATION- <\/strong><\/p>\n

EgyptAir announces new Cairo-Shanghai route:<\/strong> National carrier EgyptAir has started direct flights between Cairo International Airport and China\u2019s Shanghai Pudong International Airport, the state-owned company said<\/a> yesterday. Flights will run three times a week and increase the total number of weekly EgyptAir-operated flights to China to 16.<\/p>\n

BARTER ECONOMY-<\/strong><\/p>\n

Oil-for-meds swap?<\/strong> The Export Council for Medical Industries is lobbying for a USD 300 mn swap agreement that would see Egypt receive oil from Venezuela in return for made-in-Egypt meds. Council chief Maged George is talking up the prospects of an agreement with Al Borsa<\/a> and says the Oil Ministry is aware of the idea. <\/p>\n","protected":false},"excerpt":{"rendered":"

The 120-room hotel with four restaurants and a swimming pool is expected to open in 2026<\/p>\n","protected":false},"author":1,"featured_media":610336,"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":[7209],"tags":[111,116,880,72,259,7115,8673,955,759,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-610335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-china","tag-egyptair","tag-enterpriseam","tag-health-ministry","tag-healthcare","tag-hilton","tag-hospitality","tag-international-finance-corporation","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"7f11057c-ce21-4aac-9de0-2ed7241aa9de","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/11\/968.JPG","photo_position":"above","homepage_title":"","full_issue_title":"Hilton and Amazon Developments to build hotel in new capital tower. 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The property will be operated under the Hilton Hotels & Resorts brand in partnership with Boulevard for\u2026","rel":"","context":"In "Also on our Radar"","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\/1\/452.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574315,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/06\/hilton-to-open-in-ain-sokhna-in-2024\/","url_meta":{"origin":610335,"position":2},"title":"Hilton to open in Ain Sokhna in 2024","author":"enterpriseam admin","date":"6 September 2020","format":false,"excerpt":"Misr Italia Properties will deliver the first phase of the EGP 2.4 bn Kai Sokhna real estate project this November, which will house the first Hilton hotel in Ain Sokhna, according to a Hilton press release (pdf). 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":591585,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/dar-misr-development-hilton-to-establish-doubletree-hotel-in-ain-sokhna\/","url_meta":{"origin":610335,"position":3},"title":"Dar Misr Development, Hilton to establish DoubleTree hotel in Ain Sokhna","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"Dar Misr Development and the Hilton International Hotel Management Group have announced plans to launch a DoubleTree hotel complex in Ain Sokhna, according to the local press. The hotel is scheduled to open in 2024 and will cost around EGP 400 mn.","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":591255,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/arab-intl-company-for-hotels-to-spend-egp-1-bn-renovating-hilton-ramses\/","url_meta":{"origin":610335,"position":4},"title":"Arab Int\u2019l Company for Hotels to spend EGP 1 bn renovating Hilton Ramses","author":"enterpriseam admin","date":"1 December 2019","format":false,"excerpt":"The Arab International Company for Hotels and Tourism will spend EGP 1 bn renovating the Hilton Ramses Hotel over the next four years, the local press reports. The first phase of the renovation process will take place over 10 months, and will include 200 rooms and 15 suites at a\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":550236,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/19\/hilton-gets-a-new-egypt-country-manager-cowpay-appoints-new-ceo\/","url_meta":{"origin":610335,"position":5},"title":"Hilton gets a new Egypt country manager + CowPay appoints new CEO","author":"enterpriseam admin","date":"19 October 2022","format":false,"excerpt":"Hilton has appointed Ahmed El Hady (LinkedIn) as its new country manager and senior director of operations for Egypt, it said in astatement(pdf). El Hady has almost 30 years of experience in the hospitality industry and joins Hilton after a five-year stint as the general manager of Doha-based hotel investment\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/610335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=610335"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/610335\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/610304"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/610336"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=610335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=610335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=610335"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=610335"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=610335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}