Cairo – Mubasher: Qatari Diar Real Estate Investment Co will open its new hotel ST. Regis in Egypt next March with total investments of $1 billion, $1.5 million for each room.
The luxury property is located on the banks of Nile River in the heart of Cairo, next to the World Trade Center, the Nile Corniche.
Spanning 197,000 square metres, the 37-floor building contains two towers with 102 luxury condominiums and 283 rooms, in addition to 93 serviced apartments.