Cairo – Mubasher: Misr Hotels said its board of director gave a nod to allocating EGP 168.05 million to the Arabian Construction Company in return for the additional architecture works in Ritz Carlton Hotel.
The additional amount comes in the framework of the contract signed by the two parties where Arabian Construction will handle the architecture and electromechanical works at Ritz Carlton Hotel, said a bourse filling.
Misr Hotels inaugurated Ritz Carlton Hotel last October after completing the restructuring and developing operations.
