EGOTH contracts Al Sharif Group for Shepheard Hotel’s renovation with EGP 1.4bn investment
It is worth noting that the area of ​​the land on which the hotel is located is approximately 3,198 sqm.
Latest in Tag: EGOTH Highlight
Latest in Tag: EGOTH
NBE, EGOTH sign EGP 435m financing agreement to renovate Mena House Hotel
Project’s total cost is EGP 580m, NBE contributes 75% over 7 years
EGOTH profits grow 85% in FY 2016/17 as tourism sector revivesÂ
Sherif El Bendary to succeed Samir Hassan as company’s chairperson
EGOTH hotels occupancy in Luxor and Aswan grows
Company plans to boost investments in the coming FY to EGP 450m, up from EGP 404m this year
Progate to complete development of Mena Garden at cost of EGP 45m at end of October
Plans to start developing Mena House Hotel palace during the first quarter of 2017, says chairperson
EGOTH loses EGP 43m in 3 months after downing of Russian aircraft
Project to renovate Intercontinental Hotel in Downtown Cairo estimated to cost EGP 1bn, says Hassan
EGOTH prioritises investing in company’s assets in FY 2015/2015: Chairman
Last year was difficult, but we managed to take advantage of the company’s assets and turn to profitability, says Samir Hassan
Tourism investors face obstacles in Egypt
Banks prefer to loan government over investors, says Egyptian Tourism Federation Chairman
Investment opportunities to be presented at Dubai’s AHIC: EGOTH Chairman
EGOTH recorded profits worth EGP 111m between July 2014 and March 2015, says Samir Hassan
EGOTH targets revenues at EGP 120 in next FY
Egyptian General Company for Tourism and Hotels will pump EGP 900m for development of its hotels and resorts to make up for losses
EGOTH to develop Shepherd Hotel in 2016: EGOTH chairman
Tourism company intends to develop Shepherd Hotel in Downtown Cairo in the framework of its strategy for maximising utilisation of assets
Ministry of Investment suggests allowing HOTAC to offer bonds
Government is working to repair public sector companies’ financial structures that suffer significant losses and weak production