Kuwait’s MA Kharafi Group has announced that its $2 billion Port Ghalib project in Egypt will have a total of 23 internationally renowned chain of hotels by the end of the second phase.
Currently there are four already operating hotels including ‘The Palace’ by Intercontinental, ‘The Oasis’ and ‘The Sands’ by Crowne Plaza and ‘Marina Lodge’.
In addition, a substantial residential offering has also been built and is ready for occupation.
"The tourism industry in Egypt is experiencing a steady growth and we are expecting a large turnout from across the globe over the next two years. This prompted us to increase the number of hotels on our property and we are delighted to state that Port Ghalib will have 23 world class hotels," said Ibrahim Saleh, vice president of the Kharafi Group, Egypt.
