TMG, Kingdom to expand Four Seasons Sharm El Sheikh at EGP 7bn

Cairo – Mubasher: Taalat Moustafa Group Holding (TMG) and Saudi Arabia-based Kingdom Holding Company are implementing the expansion of the Four Seasons Resort Sharm El Sheikh at a value of EGP 7 billion, compared to an estimated cost of EGP 1.6 billion in 2016.

The resort’s expansion is expected to be completed by 2018, adding 800 hotel rooms to reach a capacity of 1,400 hotel rooms.

Mubasher Contribution Time: 06-Aug-2017 12:17 (GMT)
Mubasher Last Update Time: 06-Aug-2017 12:21 (GMT)