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Egypt
Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a strategic partnership between PRE Group and global hospitality company Hilton to develop and manage an integrated hotel portfolio in Egypt.
The agreement involves estimated investments of EGP 14 billion and covers ten projects, comprising six hotels and four branded residential developments.
The portfolio is expected to add approximately 2,000 hotel rooms and branded residential units to the Egyptian hospitality market.
The projects will operate under five Hilton brands, including Canopy, Tapestry Collection, Hilton Hotels & Resorts, DoubleTree and Hilton Garden Inn.
The partnership strengthens Egypt's hospitality investment pipeline and supports the development of internationally branded accommodation and residential destinations.
SEO Caption: PRE Group partners with Hilton on EGP 14 billion Egyptian hospitality portfolio, covering ten hotel and branded residential projects
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