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Qatari Diar inaugurates St. Regis Cairo Hotel

Qatari Diar inaugurates St. Regis Cairo Hotel
The St. Regis Cairo Hote has a construction area of more than 197,000 square metres

Cairo – Mubasher: The Qatari Diar Company on Tuesday inaugurated the St. Regis Cairo Hotel in the presence of the Qatari Minister of Finance, Ali Sherif Al-Emadi, the US Secretary of Treasury, Steven Mnuchin, and the Egyptian Minister of Finance, Mohamed Maait.

With an investment of over $1 billion, the St. Regis Cairo Hotel, which has a construction area of more than 197,000 square metres, is one of the major projects by Qatari Diar in Egypt, the company said on its official account on Twitter.

This is the first visit to Egypt by a senior Qatari official in about three years since the Qatar diplomatic crisis.

On Tuesday, the GCC countries along with Egypt signed the Al Ula agreement to end a long-running dispute with Qatar.