Subscribe     Pay Now

United Arab Emirates Procurement News Notice - 43766


Procurement News Notice

PNN 43766
Work Detail The project comes in line with the Egyptian government’s plan in preparation for the opening of the Grand Egyptian Museum by the end of the year Abu Dhabi Tourism Investment Company (ADTIC) will build a mega hotel in the Pyramids of Giza area with $95 million in investment, Sky News Arabia reported, quoting the Emirati company’s Chairman Mohammed Saif Al Suwaidi. The project comes in line with the Egyptian government’s plan in preparation for the opening of the Grand Egyptian Museum by the end of the year, Al Suwaidi noted. Moreover, ADTIC’s CEO Yehia Kotb revealed that the company is developing and upgrading hospitality projects in Sharm El-Sheikh and Hurghada with investments estimated at around $80 million. Kotb also said that the company currently mulls over a number of investment opportunities in Egypt to boost its presence in in the Egyptian tourism industry.
Country United Arab Emirates , Asia
Industry Construction
Entry Date 05 Jul 2023
Source https://www.zawya.com/en/economy/north-africa/uaes-adtic-to-build-95mln-mega-hotel-in-egypt-ap8rjasy

Tell us about your Product / Services,
We will Find Tenders for you