Egypt Secures $265 Million Financing for ADD Properties’ Hospitality Expansion

On 31 October, the European Bank for Reconstruction and Development announced a $265 million financing package to support the expansion and modernisation of ADD Properties’ hospitality portfolio in Egypt. The programme includes development of a new 400-key Grand Hyatt hotel in West Cairo near the Grand Egyptian Museum and the Pyramids of Giza, alongside upgrades to existing hospitality assets. HPC can support visitor-demand forecasting, booking analytics and hotel operational systems; contact HPC for a quotation tailored to your business requirements.

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