HomeBuilding DesignAbu Dhabi Fund for Development Starts Luxury Hotel Project in Egypt

Abu Dhabi Fund for Development Starts Luxury Hotel Project in Egypt

Abu Dhabi Fund for Development Starts Luxury Hotel Project in Egypt

Abu Dhabi Fund for Development (ADFD) has launched a five-star luxury hotel project near Egypt’s iconic Giza Pyramids, marking a significant investment to boost the country’s tourism sector. With a total budget of AED 440 million the hotel will feature 320 premium rooms, world-class hospitality services, and high-end entertainment options. This initiative strengthens economic ties between the UAE and Egypt while enhancing Egypt’s appeal as a premier global tourist destination.

The project is being developed through a strategic collaboration between private sector entities from both nations. A substantial investment is being made by an Abu Dhabi-based tourism firm, with additional contributions from key stakeholders in Egypt’s hospitality industry. The partnership underscores the shared vision of sustainable development and economic growth through enhanced tourism infrastructure.

The foundation stone for the hotel was recently laid in a formal ceremony attended by high-ranking officials from both countries. The development is expected to blend contemporary luxury with Egypt’s rich historical heritage, providing an unparalleled experience for visitors. A globally renowned hospitality group has been selected to manage the property, ensuring international service standards and a superior guest experience. This project is aligned with broader efforts to modernize Egypt’s tourism sector while preserving its cultural legacy.

As construction progresses, industry experts anticipate that the hotel will not only elevate Egypt’s hospitality sector but also create employment opportunities and contribute to economic expansion. The initiative reflects growing investor confidence in Egypt’s tourism industry and highlights the increasing collaboration between the UAE and Egypt in sentures.ustainable development

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

NMMC Directs CIDCO To Correct Pollution Violations At Two Project Sites

NMMC Directs CIDCO To Correct Pollution Violations At Two Project Sites

0
The Navi Mumbai Municipal Corporation (NMMC) has formally issued notices to the City and Industrial Development Corporation (CIDCO) over alleged breaches of pollution control...
Mumbai Residents Gain Major Relief As State Approves Revised Non OC Amnesty Scheme

Mumbai Residents Gain Major Relief As State Approves Revised Non OC Amnesty Scheme

0
Mumbai residents living in buildings without an occupation certificate (OC) received significant relief after the state urban development department approved a revised amnesty scheme...
Kalyan Affordable Homes Affected By Virar Alibaug Multimodal Corridor Alignment

Kalyan Affordable Homes Affected By Virar Alibaug Multimodal Corridor Alignment

0
An affordable housing project planned in Kalyan has emerged as an early casualty of the Virar–Alibaug Multimodal Corridor, highlighting the growing tension between large-scale...
CREDAI Nashik Metro Honours Real Estate Excellence At Annual Industry Awards Ceremony

CREDAI Nashik Metro Honours Real Estate Excellence At Annual Industry Awards Ceremony

0
Nashik’s real estate sector took centre stage this week as industry leaders, policymakers and urban experts gathered for the CREDAI Nashik Metro Real Estate...
Maharashtra Sees Sluggish MahaRERA Recoveries With Only 33 Percent Of Rs 792 Crore Collected

Maharashtra Sees Sluggish MahaRERA Recoveries With Only 33 Percent Of Rs 792 Crore Collected

0
Maharashtra’s real estate regulatory authority continues to struggle with enforcing monetary recoveries, with official data showing that only about 33 per cent of the...