Egypt’s Former Ministry of Interior to be Turned into a Hotel ...Egypt

Egyptian Streets - News
Egypt’s Former Ministry of Interior to be Turned into a Hotel
source : Egyptian Streets ( Egypt ) () 45
Photo via Egypt Independent The Sovereign Fund of Egypt (TSFE) announced on Tuesday, 28 March the signing of the agreement for plans to transform Egypt’s former Ministry of Interior, located in downtown Cairo, into a mixed-used complex equipped with a hotel and serviced apartments. Estimated at EGP 800 million (USD 25.9 million), the project, which will be undertaken by estate developer A Developments, includes office spaces, a university campus for the Business School of Paris (IPAG), a hotel, serviced apartments and technology hubs and incubator. The reconstruction of the building comes in a bid to revitalise downtown Cairo. Under a lease of 25 years, A Developments will transform the comp

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