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Project details

Omar Al-Khaiam Hotel
  • Country
  • Egypt
  • Year
  • 1974
  • Sector
  • Tourism & Hotel
  • Status
  • Completed
  • Project Type
  • Loan
Overview

This project aimed to support the Egyptian economy through developing the tourism sector, which brings in foreign exchange, creates job opportunities for thousands of citizens and attracts local and foreign investments. An ADFD loan went into financing the restoration and refurbishing of Omar Al-Khayam Hotel (now known as the Marriott El Zamalek), which overlooks the River Nile. The total loan amount was AED16.6 million. This project provided a remarkable momentum to the growth and development of Egyptian tourism. Upgrading of hotels has been a top priority for strengthening the status of Egypt as one of the most popular destinations in the world. The restoration and refurbishing of Omar Al-Khayam Hotel helped to establish its position among the best hotels in Egypt. Repair works included all 700 bedrooms, in addition to repairs and beautification of the internal and external halls and other areas, such as the garden.

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