{"id":635431,"date":"2017-12-04T04:06:46","date_gmt":"2017-12-04T04:06:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/abu-soma-development-company-to-establish-two-new-hotels-in-soma-bay\/"},"modified":"2017-12-04T04:06:46","modified_gmt":"2017-12-04T04:06:46","slug":"abu-soma-development-company-to-establish-two-new-hotels-in-soma-bay","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/abu-soma-development-company-to-establish-two-new-hotels-in-soma-bay\/","title":{"rendered":"Abu Soma Development Company to establish two new hotels in Soma Bay"},"content":{"rendered":"

The Abu Soma Development Company is working on constructing two new hotels in Soma Bay at a combined investment value of EGP 950 mn, CEO Ibrahim El Messiry said, Al Masry Al Youm reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Abu Soma Development Company is working on constructing two new hotels in Soma Bay at a combined investment value of EGP 950 mn, CEO Ibrahim El Messiry said, Al Masry Al Youm reports.<\/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":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635431","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"e49c02eb-6784-4f92-9c44-dc0a9d4e66cf","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635394],"teaser":"","voice_url":""},"yoast_head":"\nAbu Soma Development Company to establish two new hotels in Soma Bay - 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\/2017\/12\/04\/abu-soma-development-company-to-establish-two-new-hotels-in-soma-bay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abu Soma Development Company to establish two new hotels in Soma Bay\" \/>\n<meta property=\"og:description\" content=\"The Abu Soma Development Company is working on constructing two new hotels in Soma Bay at a combined investment value of EGP 950 mn, CEO Ibrahim El Messiry said, Al Masry Al Youm reports.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/abu-soma-development-company-to-establish-two-new-hotels-in-soma-bay\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-04T04:06:46+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\/2017\/12\/04\/abu-soma-development-company-to-establish-two-new-hotels-in-soma-bay\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/abu-soma-development-company-to-establish-two-new-hotels-in-soma-bay\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Abu Soma Development Company to establish two new hotels in Soma Bay\",\"datePublished\":\"2017-12-04T04:06:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/abu-soma-development-company-to-establish-two-new-hotels-in-soma-bay\/\"},\"wordCount\":45,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/abu-soma-development-company-to-establish-two-new-hotels-in-soma-bay\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/abu-soma-development-company-to-establish-two-new-hotels-in-soma-bay\/\",\"name\":\"Abu Soma Development Company to establish two new hotels in Soma Bay - 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The company is planning to inaugurate two more hotels in early 2021 in\u2026","rel":"","context":"In "Real Estate + Housing"","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":566758,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/egypt-education-platform-coming-to-soma-bay\/","url_meta":{"origin":635431,"position":1},"title":"Egypt Education Platform coming to Soma Bay","author":"enterpriseam admin","date":"12 July 2021","format":false,"excerpt":"The Egypt Education Platform (EEP) signed an MoU with Abu Soma Development (ASD) to develop and operate a school in Soma Bay under the GEMS International Schools brand, according to a press release (pdf). The cooperation comes as ASD aims to elevate Soma Bay as a permanent fully-integrated residential community\u2026","rel":"","context":"In "SPEED ROUND: EDUCATION"","block_context":{"text":"SPEED ROUND: EDUCATION","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604529,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/05\/albatross-holding-to-build-two-new-hotels-at-red-sea-destinations\/","url_meta":{"origin":635431,"position":2},"title":"Albatross Holding to build two new Hotels at Red Sea destinations","author":"enterpriseam admin","date":"5 December 2018","format":false,"excerpt":"Albatross Holding plans to break ground on two new hotels in Soma Bay and Hurghada early next year, and open their doors as early as the following year, Chairman Kamel Abu Ali said. The company is in talks with local banks for loans to cover 30% of the projects\u2019 financing,\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":574885,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/jaz-to-inaugurate-egp-700-mn-steigenberger-hotel-in-soma-bay-by-december\/","url_meta":{"origin":635431,"position":3},"title":"Jaz to inaugurate EGP 700 mn Steigenberger hotel in Soma Bay by December","author":"enterpriseam admin","date":"24 September 2020","format":false,"excerpt":"Travco subsidiary Jaz is inaugurating a EGP 700 mn Steigenberger-branded hotel in Soma Bay by December, Chairman Alaa Akel told Al Mal. The hotel was initially slated to open in September.","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":644817,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/04\/ttg-talks-up-soma-bay\/","url_meta":{"origin":635431,"position":4},"title":"TTG talks up Soma Bay","author":"enterpriseam admin","date":"4 July 2017","format":false,"excerpt":"Soma Bay is one of Egypt\u2019s best-kept secrets, writes Abra Dunsby for TTG Media. The Red Sea resort offers windsurfing, sailing, and diving experiences, with the newest activity being the opening of the Somasplash Waterpark this summer. \u201cSoma Bay has also been rated one of the world\u2019s best kitesurfing spots\u2026","rel":"","context":"In "Image of the Day"","block_context":{"text":"Image of the Day","link":"https:\/\/enterpriseam.com\/egypt\/category\/image-of-the-day\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/7\/293.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547383,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/20\/asdcs-ibrahim-el-missiri-on-putting-soma-bay-on-the-map-building-its-identity-and-making-it-a-first-home-destination\/","url_meta":{"origin":635431,"position":5},"title":"ASDC\u2019s Ibrahim El Missiri on putting Soma Bay on the map, building its identity, and making it a first-home destination","author":"enterpriseam admin","date":"20 June 2022","format":false,"excerpt":"How ASDC is transforming Somabay to a first-home destination: When Somabay first emerged as a tourist destination over two decades ago, it had little to offer other than its gorgeous 11-km coastline with a five-and-a-half km sandy beach. 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