{"id":676717,"date":"2025-12-04T00:00:00","date_gmt":"2025-12-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/04\/cabinet-greenlights-fresh-incentives-to-boost-hotel-room-capacity\/"},"modified":"2025-12-04T00:00:00","modified_gmt":"2025-12-04T00:00:00","slug":"cabinet-greenlights-fresh-incentives-to-boost-hotel-room-capacity","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/04\/cabinet-greenlights-fresh-incentives-to-boost-hotel-room-capacity\/","title":{"rendered":"Cabinet greenlights fresh incentives to boost hotel room capacity"},"content":{"rendered":"<p class=\"tag-border-left\">CABINET WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The cabinet approved a draft decision putting forward fresh incentives aimed at <\/strong><strong>boosting hotel capacity<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02RakwX32jxQP86eJewWhDCZv4nLY5ipnKSpRueGfgLkNPwK1WTqF3AChNTe4GHpWVl\" style=\"\" rel=\"noopener\">statement<\/a>. Under the incentives, the government will scrap the fees that accompany switching up the use of land or buildings originally bought or set up for residential, commercial, administrative, or mixed-use projects into hotels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The decision grants projects \u2014 including hotels, resorts, boutique hotels, heritage hotels, and eco-hotels, as well as holiday home units \u2014 conditional exemptions from paying improvement fees typically required when converting land or building use to hospitality purposes under the Building Law. You can check out our detailed coverage of the incentive <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/44c9e0ec-f97d-44a3-98ff-a1a32f5a863a\/egypt-mulls-fresh-incentives-to-boost-hotel-room-capacity\" style=\"\" rel=\"noopener\">here<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The government aims to attract some <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/866d875b-1b9b-4e98-910c-fe43aa07a7d4\/egypt-is-looking-to-increase-tourism-revenues-to-usd-24-bn-by-fy-2028-29\" style=\"\" rel=\"noopener\">30 mn tourists annually<\/a> by 2030, for which it plans to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2dc267db-cc69-4210-9493-c7715be45d31\/madbouly-reaffirms-strength-of-egypt-saudi-ties-amid-rumors-of-tension\" style=\"\" rel=\"noopener\">add some 240-250k rooms<\/a> to the existing hotel room capacity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">LOGISTICS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Transport Ministry is in talks with a Kuwaiti investor to develop, manage, and <\/strong><strong>operate a 200-feddan logistics zone in Sadat City<\/strong>, General Authority for Land & Dry Ports head Sayed Metwally told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/12\/04\/1933481\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. Preliminary feasibility studies have been conducted and handed over to the investor, with an MoU expected soon. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">EXPANSION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Transport Ministry-affiliated construction firms are looking to secure up to USD <\/strong><strong>100 mn worth of projects in Morocco over the next two years<\/strong>, government sources told <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/companies\/109318\/%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%AA%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%A7%D9%82%D8%AA%D9%86%D8%A7%D8%B5-%D9%85%D8%B4%D8%A7%D8%B1%D9%8A%D8%B9-%D8%A8-100-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D9%85%D8%BA%D8%B1%D8%A8\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. The companies plan to enter the market through road, bridge, and railway projects. Firms are already in talks with their Moroccan counterparts to form joint ventures ahead of competing for projects \u2014 Ali Tazi, head of the Egyptian-Moroccan Business Council, expects Egyptian firms to secure contracts worth up to USD 1 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DEFENSE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>French defense and security firm Thales and the Arab International Optronics <\/strong><strong>(AIO) have signed a new cooperation framework that expands their decades-long partnership<\/strong>, in a bid to boost the country's local manufacturing and advanced defense capabilities, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/12\/238.pdf\" style=\"\" rel=\"noopener\">statement<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/12\/238.pdf\" style=\"\" rel=\"noopener\">(pdf)<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS- Kuwaiti investor to develop, manage, and operate a 200-feddan logistics zone in Sadat City?<\/p>\n","protected":false},"author":1,"featured_media":676718,"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":[7209],"tags":[111,1034,482,72,955,145,11541,238,208],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-676717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-armed-forces","tag-defense","tag-enterpriseam","tag-hospitality","tag-logistics","tag-thales","tag-tourism","tag-transport-ministry","wpautop","entry"],"acf":{"mongo_id":"f7076289-f1e6-4ab0-be48-1909660ab546","order":"14","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/12\/267.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt greenlights fresh incentives to boost hotel room capacity","related_issue":[676694],"teaser":"PLUS- Kuwaiti investor to develop, manage, and operate a 200-feddan logistics zone in Sadat City?","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.370d2cc1-73b3-483b-905d-af3ceee604b4.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>Cabinet greenlights fresh incentives to boost hotel room capacity - 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\/2025\/12\/04\/cabinet-greenlights-fresh-incentives-to-boost-hotel-room-capacity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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Under proposed amendments to the 2017 Investment Act,\u2026","rel":"","context":"In &quot;Cabinet watch&quot;","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/302.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544604,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-has-incentives-for-green-economy-ai-and-other-priority-sectors\/","url_meta":{"origin":676717,"position":3},"title":"Gov\u2019t has incentives for green economy, AI and other priority sectors","author":"enterpriseam admin","date":"13 March 2022","format":false,"excerpt":"A first look at new incentives to spur investment in emerging sectors: The Madbouly government is introducing incentives to spur investments in the green and AI sectors, according to a statement. 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