The signing ceremony was held in the presence of Mostafa Madbouly, prime minister of Egypt, and Assem el Gazzar, minister of housing and development.
With all the final touches in place, the resort is already proving popular with national guests and is looking forward to welcoming international travellers as soon as border restrictions allow.
The new hotel joins the voco family in Dubai, with voco Dubai on Sheikh Zayed Road and the soon to open voco Bonnington Jumeirah Lakes Towers Dubai.
With three months to go to Expo 2020, Dubai is getting ready to welcome more than 190 countries and millions of visitors to join the making of a new world.
Set to open in the last quarter of this year, Raffles the Palm Dubai will be the first ultra-luxury addition to the existing diverse portfolio in Dubai.
Aparthotel Adagio continues to expand in the United Arab Emirates with the arrival of a second location in Dubai, Adagio Premium the Palm Dubai.
Marriott has welcomed the opening of the St. Regis Dubai, the Palm. Designed to feature a sophisticated aesthetic, the property balances local influences with the modern glamour.
The property will sit within a 100,000 square-metre landscape on the West Crescent of the man-made island, offering views of the sea and city skyline.
Situated in the Palm Tower, on the Palm Jumeirah in Dubai, the property will offer 264-rooms, all with stunning views over the surrounding city.
Marriott Executive Apartments has announced its debut in Qatar with the opening of Marriott Executive Apartments City Center Doha. The location is owned by Al Rayyan Tourism Investment Company.