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Daily News EgyptEN

Adeer International, partners target $2bn in hospitality investments in Egypt

Adeer International, the global investment arm of Saudi Arabia’s Sumou Holding Group, has formed a strategic alliance with Hassan Allam, MIDAR for Investment and Urban Development, and Sumou Investment to develop hospitality projects in Egypt, with planned investments of approximately $2bn. The alliance is part of Adeer International’s broader expansion stra

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