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PRE Group and Hilton Seal $259 Million Deal for Egypt Hospitality Projects

PRE Group and Hilton Ink $259M Deal for 10 Hotels in Egypt
Image: Travel image by Unknown creator via rawpixel, cc0

Egyptian company PRE Group has signed an agreement worth $259 million with Hilton to develop multiple hospitality projects in Egypt on 2026-11-10.

The deal covers the development of six hotels and four branded residential projects, which will together add approximately 2,000 hotel rooms and residential units to the Egyptian market, according to Forbes Middle East.