German management for four Egyptian hotels
Egypt-Germany, Business, 5/11/1999

The German company Shitiniburger won contracts to manage four hotels in Hurgada, Taba, Guna, and the pyramids regions.

Egyptian Minister of Tourism Mamdouh El-Beltagi witnessed yesterday the celebration for endorsing the contracts to manage the four hotels, declaring that these projects express the growth of tourist investment in Egypt in an outstanding form, which constitutes one of the successful Egyptian-German partnerships.

He referred to Egypt's restoring tourism from all markets as well the German market that brings a large number of tourists to Egypt.

El-Beltagi added that these projects provide 1000 job opportunities for Egyptian youth which reflects the role of the tourism industry in solving of the problem of unemployment for Egyptian youth.

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