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Egypt to sell stakes in state-owned hotels once assessment process is complete: Minister

RIYADH: International companies are determining the value of Egypt’s state-owned hotels before the government sells stakes in these properties to strategic investors, according to the country’s public enterprise sector minister. The sale of state assets gained new urgency after the war in Ukraine triggered heavy foreign investment outflows from Egyptian financial markets. “A

Walid El Awardly has been appointed General Manager at Hyatt Regency Al Kout Mall

Hyatt Regency Al Kout Mall in Kuwait has a new general manager. Walid El Awardly has joined the hotel from Hyatt Regency Riyadh Olaya in Saudi Arabia. The Egyptian has worked on and off for Hyatt for a combined 17-plus years, having travelled across the globe with the group.

Walid El Awardly has been appointed General Manager at Hyatt Regency Al Kout Mall in Kuwait City

Hyatt Regency Al Kout Mall in Kuwait has a new general manager. Walid El Awardly has joined the hotel from Hyatt Regency Riyadh Olaya in Saudi Arabia. The Egyptian has worked on and off for Hyatt for a combined 17-plus years, having travelled across the globe with the group.

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