{"id":630199,"date":"2018-04-15T03:56:47","date_gmt":"2018-04-15T03:56:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/"},"modified":"2018-04-15T03:56:47","modified_gmt":"2018-04-15T03:56:47","slug":"govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/","title":{"rendered":"Gov\u2019t looks into setting up JV with Emirati company to develop Shepheard hotel"},"content":{"rendered":"<p>The Public Enterprises Ministry is in talks with an unnamed Emirati company to set up a joint venture with the Egyptian General Company for Tourism and Hotels (EGOTH) to develop the Shepheard hotel in downtown Cairo, <a href=\"http:\/\/www.almalnews.com\/Story\/372265\/15\/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1-%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%89-%D9%84%D9%84%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D9%81%D9%89-%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D9%81%D9%86%D8%AF%D9%82-%D8%B4%D8%A8%D8%B1%D8%AF\">Al Mal reports<\/a>. The agreement would see the Emirati company and EGOTH each holding a 50% share of the JV, according to EGOTH Chairman Sherif Bendary. The hotel\u2019s development is expected to cost as much as EGP 1 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Public Enterprises Ministry is in talks with an unnamed Emirati company to set up a joint venture with the Egyptian General Company for Tourism and Hotels (EGOTH) to develop the Shepheard hotel in downtown Cairo, Al Mal reports. The agreement would see the Emirati company and EGOTH each holding a 50% share of the [&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":[7377],"tags":[72,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630199","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-enterpriseam","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"3708758a-e7fd-4f0a-afa7-d8522beb4c60","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Gov\u2019t looks into setting up JV with Emirati company to develop Shepheard hotel","related_issue":[630164],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.64a2f4b3-b104-4507-9744-c903eb063877.mp3"},"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>Gov\u2019t looks into setting up JV with Emirati company to develop 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\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t looks into setting up JV with Emirati company to develop Shepheard hotel\" \/>\n<meta property=\"og:description\" content=\"The Public Enterprises Ministry is in talks with an unnamed Emirati company to set up a joint venture with the Egyptian General Company for Tourism and Hotels (EGOTH) to develop the Shepheard hotel in downtown Cairo, Al Mal reports. The agreement would see the Emirati company and EGOTH each holding a 50% share of the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-15T03:56:47+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\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t looks into setting up JV with Emirati company to develop Shepheard hotel\",\"datePublished\":\"2018-04-15T03:56:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"tourism\"],\"articleSection\":[\"Tourism\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\",\"name\":\"Gov\u2019t looks into setting up JV with Emirati company to develop Shepheard hotel - 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