Misr Hotels earmarks EGP70 million for replenishment of Safir Dahab Resort
Misr Hotels has announced it has earmarked EGP70 million for the replenishment of “Safir Dahab Resort” and EGP30 million to repay amounts due for payments from loans related to the renovation of the Ritz-Carlton Hotel in Cairo. Financing will come from a EGP100 million loan from the National Bank of Egypt (NBE). (Al Mal)
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