Sea View signs deal with AHS to manage Sahl Hasheesh project

Sea View Development has signed an agreement with Absolute Hotel Services to manage a residential and hotel development in Sahl Hasheesh on Egypt's Red Sea coast.

Sea View Development signed the management and operation agreement with Absolute Hotel Services – Middle East & Africa on July 5. The deal covers the U Residences & Hotel Sahl Hasheesh project, where U Hotels & Resorts will oversee both residential units as branded residences and the hotel operations.

Sherif Roshdy, Chairperson of Sea View Development, and Kevork Deldelian, Managing Director of Absolute Hotel Services – Middle East & Africa, signed the agreement. The project spans a 20,630-square-meter site with 251 units including studios, apartments, duplexes, villas and bungalows.

The development will offer services such as housekeeping, security and facilities management. It is located about 20 minutes from Hurghada International Airport and includes landscaped areas, swimming pools and rental programs for owners.

Makala yanayohusiana

Madaar Developments has launched its latest residential project, The Hillage, in the heart of Sheikh Zayed City, with investments exceeding EGP 15bn, marking one of the area's final prime land opportunities. Spanning 100 feddans, the project dedicates 86% of its area to green spaces and pedestrian zones, creating a car-free environment.

Imeripotiwa na AI

Greater Cairo ranks first in Africa for hotel development projects according to a new report. The Egyptian capital is followed by Sharm El Sheikh, Marsa Alam and Ain Sokhna in the top 10 list.

Upwyde Developments has signed a strategic agreement with Vezeeta to manage and operate a fully integrated medical building in its Prk Vie project in New Cairo’s Golden Square. Vezeeta will oversee operations, combining in-person healthcare with digital booking and management solutions. The partnership reflects a hybrid healthcare model.

Imeripotiwa na AI

The General Authority for the Suez Canal Economic Zone signed a contract with Chinese firm Zhejiang Hongda to build a $20m textile manufacturing project in Qantara West Industrial Zone.

Mostafa Mounir, CEO of the Egyptian Tourism Authority (ETA), announced plans to expand Egypt's hospitality capacity to 300,000 hotel rooms by 2030. The initiative is part of a broader strategy to restructure tourism investment. Efforts target key regions like South Sinai and the Red Sea.

Imeripotiwa na AI

Walid Gamal El-Din, chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a landmark agreement with Alpha Smart to establish a fully integrated complex of ready-made factories in the Sokhna Industrial Zone. The project covers 500,000 square meters with $100 million in direct investments and is expected to create 5,000 direct jobs.

Jumanne, 30. Mwezi wa sita 2026, 16:01:12

Accor and Margins Developments sign agreement for Novotel project in New Cairo

Jumatatu, 22. Mwezi wa sita 2026, 07:41:55

Nations of Sky sells out first two phases of SkyRidge Executives

Jumanne, 9. Mwezi wa sita 2026, 06:30:15

Egypt starts commercial trial operations at Safaga 2 Terminal

Jumatatu, 18. Mwezi wa tano 2026, 16:43:29

Egypt signs MoU for financing and development of Borg El Arab dry port

Jumatano, 13. Mwezi wa tano 2026, 22:34:19

Egypt north coast residential prices rise 390 percent

Jumapili, 26. Mwezi wa nne 2026, 18:01:57

Al-Sisi approves four-year development plan for Galala City

Jumapili, 26. Mwezi wa nne 2026, 02:06:13

Madbouly chairs meeting to review Sinai development plans

Jumatatu, 20. Mwezi wa nne 2026, 07:58:01

Egypt signs MoU for desalination membrane factory

Jumapili, 19. Mwezi wa nne 2026, 13:37:57

Halan AZ REIT closes first hospitality investment tranche

Jumatano, 15. Mwezi wa nne 2026, 17:22:46

Sakr to invest EGP 940m in three Sokhna industrial projects

Tovuti hii inatumia vidakuzi

Tunatumia vidakuzi kwa uchambuzi ili kuboresha tovuti yetu. Soma sera ya faragha yetu kwa maelezo zaidi.
Kataa