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In a bid to confront its debt crisis, Egypt has embarked on a historic sale of its cherished assets, including the iconic Marriott Mena House hotel nestled near the Great Pyramids of Giza. Financed by Emirati investors, this USD 800 million (EGP 24 billion) deal marks a significant shift in Cairo's strategy to navigate its
Talaat Mostafa Group confirmed that the aim of the acquisition is to develop and modernize hotels in order to raise their operational efficiency to higher
Accor has pioneered sustainable development in the hotel industry, working for over 50 years to realize its vision of positive hospitality - one which respects the environment and local communities - especially through its dedicated Planet 21 program.