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Steigenberger Hotel El Tahrir, Cairo | HotelsCombined

Steigenberger Hotel El Tahrir, Cairo - Find the best deal at HotelsCombined. Compare all the top travel sites at once. Rated 9.1 out of 10 from 11170 reviews.

ADQ And ADNEC Group Enter Into Definitive Agreements To Acquire A 40 5 Percent Stake In TMG Holding s Hospitality Business In Egypt

ADQ and ADNEC Group enter into definitive agreements to acquire a 40 5 percent stake in TMG Holding s hospitality business in Egypt

DQ, an Abu Dhabi-based investment and holding company, and ADNEC Group (“ADNEC”) today announced the signing of definitive agreements for the strategic acquisition of a 40.5 percent stake in Egypt-based Talaat Moustafa Group Holding’s (“TMG Holding”) hospitality arm, ICON Group (“ICON”) through a capital increase. ADQ and ADNEC will invest through a special purpose vehicle, with 49 percent equity ownership by ADQ and 51 percent equity ownership by ADNEC.

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