June 16, 2009
MGM Mirage resort slated for Egypt
MGM Mirage said Tuesday it had reached an agreement with New Giza for Real Estate Development Co. on managing a future hotel near Cairo, Egypt.
The developer will fund construction of a 550-room hotel bearing the MGM name that will be part of a new, 1,500-acre planned community.
The hotel is scheduled to open 2013. The partnership is similar to deals MGM Mirage Hospitality has struck for non-casino resorts in China, Dubai and Vietnam, the newspaper said.