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PRE Group, Hilton Agree on $259M Deal for 10 Projects in Egypt

PRE Group and Hilton Sign $259M Deal for 10 Egypt Hospitality Projects
Image: MOTEL ONE BUDGET BOUTIQUE HOTEL [CONSTRUCTION SITE ON UPPER LIFFEY STREET]-154915 by infomatique via flickr, by-sa

PRE Group of Egypt signed a $259 million agreement with Hilton on November 10, 2026, to develop ten hospitality projects across Egypt.

The agreement includes six hotels and four branded residential projects, which together will add approximately 2,000 rooms and units to the country’s hospitality sector. This partnership represents a significant investment in Egypt’s hotel industry, according to Forbes Middle East.