ADFD invests $120M in luxury hotel project in Egypt
The Abu Dhabi Fund for Development (ADFD) has announced a $120 million investment in a luxury hotel project in Egypt, marking its latest strategic expansion in the country’s tourism sector. The Sofitel Legend Pyramids Giza, a five-star hotel near Egypt’s historic landmarks, is set to enhance the country's hospitality industry…
ADFD invests $120M in luxury hotel project in Egypt
The Abu Dhabi Fund for Development (ADFD) has announced a $120 million investment in a luxury hotel project in Egypt, marking its latest strategic expansion in the country’s tourism sector. The Sofitel Legend Pyramids Giza, a five-star hotel near Egypt’s historic landmarks, is set to enhance the country's hospitality industry…
ADFD invests $120M in luxury hotel project in Egypt
The Abu Dhabi Fund for Development (ADFD) has announced a $120 million investment in a luxury hotel project in Egypt, marking its latest strategic expansion in the country’s tourism sector. The Sofitel Legend Pyramids Giza, a five-star hotel near Egypt’s historic landmarks, is set to enhance the country's hospitality industry…
Dubai’s luxury transport sector sees 44% surge in 2024
Dubai’s luxury transport sector saw a 44% increase in trips in 2024, reaching 43.4 million compared to 30.2 million in 2023, the highest growth in recent years, according to the Roads and Transport Authority (RTA).The surge underscores Dubai’s strategic vision to enhance mobility and meet the rising demand from residents…
