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

Select Group Acquires Prime Westend Colony Home South Delhi Rs 12500 Crore

Select Group Acquires Prime Westend Colony Home South Delhi Rs 12500 Crore

0
The Delhi-based Select Group has completed a high-profile acquisition of a residential property in Westend Colony, South Delhi, for Rs 12.5 billion, highlighting the...
Embassy REIT Sells 376000 Sq Ft Offices At Manyata Bengaluru For 5300 Crore

Embassy REIT Sells 376000 Sq Ft Offices At Manyata Bengaluru For 5300 Crore

0
Embassy REIT has completed the sale of approximately 376,000 square feet across two strata-owned office blocks at Embassy Manyata Business Park in Bengaluru for...
Adani Achieves Rs 800 Billion Growth Through Strategic Deals Since 2023

Adani Achieves Rs 800 Billion Growth Through Strategic Deals Since 2023

0
The Adani Group has executed 33 strategic acquisitions valued at approximately Rs 800 billion since January 2023, signalling sustained capital access and disciplined expansion...
MoHUA Records Major Progress Across Metro Housing Sanitation And Water Infrastructure

MoHUA Records Major Progress Across Metro Housing Sanitation And Water Infrastructure

0
The Ministry of Housing and Urban Affairs (MoHUA) marked 2025 with substantial progress across urban infrastructure, highlighting India’s push towards sustainable, inclusive, and equitable...
Coal India Board Appoints B Sairam As Chief Executive Officer

Coal India Board Appoints B Sairam As Chief Executive Officer

0
The board of Coal India Limited (CIL), India’s largest coal producer, has appointed Chairman-cum-Managing Director B Sairam as the company’s Chief Executive Officer (CEO),...