Back to the complete issue
Thursday, 26 April 2018

Emaar, OC begin renovation on Al Alamein hotel part of EGP 8 bn Marassi development

Emaar Hospitality Group has begun renovation works on the historic Al Alamein Hotel in Sidi Abdel Rahman bay on the Mediterranean coast — under the EGP 8 bn Marassi tourism development, the company said in a press release on Tuesday (pdf). "We accept nothing less than the highest world class standards for our projects and clients in Egypt and the transformation of the Al Alamein Hotel is testament to our determination to deliver a superior hospitality product in Egypt,” said Emaar Properties Chairman Mohamed Alabbar. “The hotel we will deliver this summer is a sneak peek into the quality we will deliver not only in Marassi but across all our projects in the country,” he added. Orascom Construction (OC) is the general contractor on the project.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.