{"id":632141,"date":"2018-02-04T04:15:10","date_gmt":"2018-02-04T04:15:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/alshaya-group-looking-to-buy-hotels-in-egypt-governorates\/"},"modified":"2018-02-04T04:15:10","modified_gmt":"2018-02-04T04:15:10","slug":"alshaya-group-looking-to-buy-hotels-in-egypt-governorates","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/alshaya-group-looking-to-buy-hotels-in-egypt-governorates\/","title":{"rendered":"Alshaya group looking to buy hotels in Egypt governorates"},"content":{"rendered":"<p>Kuwait\u2019s Alshaya Group is looking to buy three and four-star hotels across Egypt, starting with Cairo, Giza, and Alexandria, <a href=\"http:\/\/www.almalnews.com\/Story\/363225\/15\/%D8%A7%D9%84%D8%B4%D8%A7%D9%8A%D8%B9-%D8%AA%D8%A8%D8%AD%D8%AB-%D8%B4%D8%B1%D8%A7%D8%A1-%D9%81%D9%86%D8%A7%D8%AF%D9%82-3-%D9%884-%D9%86%D8%AC%D9%88%D9%85-%D8%A8%D9%85%D8%AE%D8%AA%D9%84%D9%81-%D8%A7%D9%84%D9%85%D8%AD%D8%A7%D9%81%D8%B8%D8%A7%D8%AA\">Al Mal reports<\/a>. The group is also making arrangements to meet with the Egyptian General Company for Tourism and Hotels (EGOTH) to discuss the possible signing of management and operation contracts for historic hotels in Cairo. EGOTH <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/22\/egoth-reviews-two-offers-for-intercontinental-downtown-development\/\">said last month<\/a> that it was reviewing two offers from foreign and local companies for the hotel\u2019s EGP 1.2 bn renovation and development project, and would announce the winner in February.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kuwait\u2019s Alshaya Group is looking to buy three and four-star hotels across Egypt, starting with Cairo, Giza, and Alexandria, Al Mal reports. The group is also making arrangements to meet with the Egyptian General Company for Tourism and Hotels (EGOTH) to discuss the possible signing of management and operation contracts for historic hotels in Cairo. [&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-632141","post","type-post","status-publish","format-standard","hentry","category-tourism","tag-enterpriseam","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"c6c9ef71-ff7a-4635-adeb-7e595b8ff8d9","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Alshaya group looking to buy hotels in Egypt governorates","related_issue":[632103],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.62fe1a78-c2c9-4e15-a335-b23cee04f6a3.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>Alshaya group looking to buy hotels in Egypt governorates - 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\/02\/04\/alshaya-group-looking-to-buy-hotels-in-egypt-governorates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alshaya group looking to buy hotels in Egypt governorates\" \/>\n<meta property=\"og:description\" content=\"Kuwait\u2019s Alshaya Group is looking to buy three and four-star hotels across Egypt, starting with Cairo, Giza, and Alexandria, Al Mal reports. The group is also making arrangements to meet with the Egyptian General Company for Tourism and Hotels (EGOTH) to discuss the possible signing of management and operation contracts for historic hotels in Cairo. 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The restoration of the 316-room hotel, one of the oldest in Egypt, will be\u2026","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":573691,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/national-bank-of-egypt-in-loan-talks-with-egoth-hotac-to-finance-hotel-renovations\/","url_meta":{"origin":632141,"position":2},"title":"National Bank of Egypt in loan talks with EGOTH, HOTAC to finance hotel renovations","author":"enterpriseam admin","date":"13 August 2020","format":false,"excerpt":"The Egyptian General Company for Tourism and Hotels (EGOTH) is in talks with the National Bank of Egypt (NBE) for a EGP 400 mn loan to finance renovations of the Sofitel Winter Palace Hotel in Luxor, according to the local press. EGOTH \u2014 which is a subsidiary of The Holding\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634720,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/22\/egoth-reviews-two-offers-for-continental-downtown-development\/","url_meta":{"origin":632141,"position":3},"title":"EGOTH reviews two offers for Continental Downtown development","author":"enterpriseam admin","date":"22 January 2018","format":false,"excerpt":"The Egyptian General Company for Tourism and Hotels (EGOTH) is reviewing two offers from foreign and local companies for the renovation and developmentof the Continental Hotel in downtown Cairo, company head Mirvat Hataba tells Al Borsa. The winning company, whose name will be announced next month, is expected to provide\u2026","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":625141,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/egoth-invites-investors-to-participate-in-jv-to-develop-shepheard-hotel\/","url_meta":{"origin":632141,"position":4},"title":"EGOTH invites investors to participate in JV to develop Shepheard Hotel","author":"enterpriseam admin","date":"27 September 2018","format":false,"excerpt":"The Egyptian General Company for Tourism and Hotels (EGOTH) has invited hotel developers and investors to participate in a joint venture to develop the Shepheard Hotel in downtown Cairo, according to EGOTH head Mervat Hataba. EGOTH is offering investors a 51% share of the JV, and will accept investor offers\u2026","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":605039,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/egypt-calls-off-tender-for-51-stake-in-shepheard-hotel\/","url_meta":{"origin":632141,"position":5},"title":"Egypt calls off tender for 51% stake in Shepheard Hotel","author":"enterpriseam admin","date":"19 December 2018","format":false,"excerpt":"State-owned Egyptian General Company for Tourism and Hotels (EGOTH) has called offa tender to sell a 51% stake in the iconic Shepheard Hotel in Downtown Cairo, Chairperson Mervat Hataba said, according to Al Mal. 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