{"id":656786,"date":"2024-12-10T00:00:00","date_gmt":"2024-12-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/"},"modified":"2024-12-10T00:00:00","modified_gmt":"2024-12-10T00:00:00","slug":"naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/","title":{"rendered":"Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Naguib Sawiris to establish new hotel project with investments of over USD <\/strong><strong>150 <\/strong><strong>mn:<\/strong> Naguib Sawiris plans to invest at least USD 150 mn to establish one or two hotels near the Pyramids and Sphinx International Airport, Sawiris told <a target=\"_blank\" href=\"https:\/\/hapijournal.com\/2024\/12\/09\/%d9%85%d8%a4%d8%aa%d9%85%d8%b1-%d8%ac%d8%b1%d9%8a%d8%af%d8%a9-%d8%ad%d8%a7%d8%a8%d9%8a-%d9%86%d8%ac%d9%8a%d8%a8-%d8%b3%d8%a7%d9%88%d9%8a%d8%b1%d8%b3-%d8%a5%d9%82%d8%a7%d9%85%d8%a9-%d9%81%d9%86\/\" style=\"\" rel=\"noopener\">Hapi Journal<\/a>. The new hotels aim to address the shortage of rooms in the area while offering easier access for tourists due to their proximity to the airport.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>Orascom Investment Holding \u2014 of which Sawiris is the executive chairman \u2014 will bring its total investments in the Pyramids Plateau through subsidiary Orascom Pyramids Entertainment to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0945ad29-e1bb-4454-8668-1b8c99a6c110\/baron-to-invest-egp-3-bn-in-five-local-hotels-and-zanzibar-expansion-by-2026:-plus:-efg-hermes-%2B-maarif-education,-compass-capital-%2B-ci-capital,-green-coast,-edafa,-orascom%253cmark%253e-pyramids%253c%2Fmark%253e-entertainment,-bank-nxt-%2B-mindgate-solutions\" style=\"\" rel=\"noopener\">EGP 1.5 bn<\/a> by February 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ora Developers could see a listing soon:<\/strong> The business magnate also plans to list his real estate development company Ora Developers on a stock exchange within three years, Sawiris told <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/financing-and-investment\/63344\/%D8%B3%D8%A7%D9%88%D9%8A%D8%B1%D8%B3-%D9%8A%D8%AF%D8%B9%D9%88-%D9%84%D8%A5%D9%84%D8%BA%D8%A7%D8%A1-%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A-%D9%88%D8%B7%D8%B1%D8%AD-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA%D9%87-%D8%A8%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9\/\" style=\"\" rel=\"noopener\">As<\/a><a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/financing-and-investment\/63344\/%D8%B3%D8%A7%D9%88%D9%8A%D8%B1%D8%B3-%D9%8A%D8%AF%D8%B9%D9%88-%D9%84%D8%A5%D9%84%D8%BA%D8%A7%D8%A1-%D8%A7%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A-%D9%88%D8%B7%D8%B1%D8%AD-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA%D9%87-%D8%A8%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9\/\" style=\"\" rel=\"noopener\">harq Business<\/a>, without specifying which stock exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The businessman is also planning an IPO for his real estate development company<\/p>\n","protected":false},"author":1,"featured_media":656787,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[1],"tags":[72,955,78,2065],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-656786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-enterpriseam","tag-hospitality","tag-ipo-watch","tag-naguib-sawiris","wpautop","entry"],"acf":{"mongo_id":"645910dd-cc3c-45b5-b7cf-9117a77bdb60","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/882.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Naguib Sawiris to invest USD 150 mn in new hotel project near the Giza Pyramids","related_issue":[656777],"teaser":"The businessman is also planning an IPO for his real estate development company","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.6a3563a4-e836-447b-a0a7-aed8a1d5e58f.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>Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids - 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\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids\" \/>\n<meta property=\"og:description\" content=\"The businessman is also planning an IPO for his real estate development company\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-10T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids\",\"datePublished\":\"2024-12-10T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/\"},\"wordCount\":147,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"hospitality\",\"IPO watch\",\"Naguib Sawiris\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/\",\"name\":\"Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-12-10T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/","og_locale":"en_US","og_type":"article","og_title":"Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids","og_description":"The businessman is also planning an IPO for his real estate development company","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-12-10T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids","datePublished":"2024-12-10T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/"},"wordCount":147,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","hospitality","IPO watch","Naguib Sawiris"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/","name":"Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1","datePublished":"2024-12-10T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/10\/naguib-sawiris-to-invest-usd-150-mn-in-new-hotel-project-near-the-gixa-pyramids\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Naguib Sawiris to invest USD 150 mn in new hotel project near the Gixa Pyramids"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":549982,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/10\/oih-is-planning-four-new-hotels\/","url_meta":{"origin":656786,"position":0},"title":"OIH is planning four new hotels","author":"enterpriseam admin","date":"10 October 2022","format":false,"excerpt":"Orascom Investment Holding (OIH) has earmarked USD 200-300 mn to build four new hotels \u2014 two in the North Coast, one in Cairo and another in Giza near the pyramids, chairman Naguib Sawiris said at an economic conference last week.Details TBD: The company is currently conducting studies into unspecified new\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/173.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":611480,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/07\/sawiris-announces-flurry-of-new-investments\/","url_meta":{"origin":656786,"position":1},"title":"Sawiris announces flurry of new investments","author":"enterpriseam admin","date":"7 December 2023","format":false,"excerpt":"Ora Developers has three new hotels in the pipeline","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/491.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":611133,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/03\/naguib-plans-to-invest-over-usd-120-mn-to-turn-motorcycles-and-tuk-tuks-into-evs\/","url_meta":{"origin":656786,"position":2},"title":"Naguib plans to invest over USD 120 mn to turn motorcycles and tuk-tuks into EVs","author":"enterpriseam admin","date":"3 December 2023","format":false,"excerpt":"The project will be carried out by the e-mobility startup BluEV, which is chaired by Sawiris","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/21.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":612375,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/21\/ora-to-invest-usd-10-bn-in-uae-mega-project\/","url_meta":{"origin":656786,"position":3},"title":"Ora to invest USD 10 bn in UAE mega project","author":"enterpriseam admin","date":"21 December 2023","format":false,"excerpt":"Sawiris-owned Ora Developers has partnered up with Q Holding for the project","rel":"","context":"In &quot;Real estate&quot;","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1455.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569673,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/sawiris-looks-to-participate-in-developing-services-at-egypts-pyramids-plateau\/","url_meta":{"origin":656786,"position":4},"title":"Sawiris looks to participate in developing services at Egypt\u2019s Pyramids plateau","author":"enterpriseam admin","date":"3 March 2020","format":false,"excerpt":"Tourism Minister Khaled El Anany met with businessman Naguib Sawiris to discuss developing services at the Giza Pyramids Plateau, including providing electric vehicles for transport, mobile toilets, and fast food vendors to the area, according to Al Mal.","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":552872,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/this-evening-oih-plans-to-invest-usd-200-300-mn-in-four-new-hotels-naguib-says-putin-formalizes-russias-annexation-of-ukrainian-territories\/","url_meta":{"origin":656786,"position":5},"title":"THIS EVENING: OIH plans to invest USD 200-300 mn in four new hotels, Naguib says + Putin formalizes Russia\u2019s annexation of Ukrainian territories","author":"enterpriseam admin","date":"5 October 2022","format":false,"excerpt":"Happy long weekend, ladies and gentlemen. It\u2019s the end of the workweek here in Omm El Donia as we kick off the final long weekend of the year. EnterpriseAM and EnterprisePM will be off until Sunday, but readers of Enterprise Climate will get their morning read tomorrow.*** Take our EV\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"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\/656786","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=656786"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/656786\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/656777"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/656787"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=656786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=656786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=656786"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=656786"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=656786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}