Jumeirah Group is in a deal to manage Red Sea hotel

08/2/2010 | Bloomberg

Dubai, United Arab Emirates-based Jumeirah Group is in a deal to manage a 250-room hotel in the Palm Gamsha project, a collection of man-made islands on the Red Sea off of Egypt's eastern coast. The deal is with Palm Hills Developments SAE, Egypt's second-largest publicly traded real estate company.

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