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Billionaire Saudi prince to invest US$800 million in Egypt hotels

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Saudi Arabia’s Prince Alwaleed bin Talal, chairman and founder of Saudi-listed Kingdom Holding Company, plans to invest about US $800 million (SAR 3 billion) in hotel projects across Egypt, according to media reports. The Saudi prince, Egyptian investment minister, Sahar Nasr, and the chairman of Talaat Moustafa Group, Hesham Talaat…

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Click here to read the full story: Hotelier Middle East

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