MGM Mirage to launch hotel in Egypt

18 June 2009

MGM Mirage and New Giza for Real Estate Development - an Egyptian company building a mixed-use community near the base of the famous pyramids - have announced plans to develop the MGM Grand New Giza. The 550-room hotel will offer views of the city of Cairo and the pyramids of Giza and will be connected via electric train to the new Egyptian antiquities museum, currently under construction. All equity funding for the development will be provided by New Giza for Real Estate Development. MGM Mirage will provide management services and brand fees through MGM Mirage Hospitality.

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