Matouk Bassiouny & Hennawy | View firm profile
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Minor International, the global hospitality leader, in connection with its landmark strategic partnership with Sunrise Resorts & Cruises to develop and manage 50 new hotels across Egypt.
The partnership agreement was signed during a ceremony witnessed by Prime Minister Mostafa Madbouly and. Minister of Tourism and Antiquities Sherif Fathy at the Cabinet headquarters.
The alliance also includes Sunrise’s real estate arm, Madar Developments, which will spearhead the launch of four flagship hotels in Ras El Hekma, New Zayed, and Ain Sokhna as part of the first phase of the collaboration.
The MBH team advising on the transaction was led by Mariam Auda (Partner).
For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.