{"id":8168,"date":"2020-07-25T16:10:02","date_gmt":"2020-07-25T12:10:02","guid":{"rendered":"https:\/\/techxmedia.com\/?p=8168"},"modified":"2020-07-27T13:57:28","modified_gmt":"2020-07-27T09:57:28","slug":"emaar-opens-59-4-million-address-marassi-golf-resort-in-egypt","status":"publish","type":"post","link":"https:\/\/techxmedia.com\/en\/emaar-opens-59-4-million-address-marassi-golf-resort-in-egypt\/","title":{"rendered":"Emaar opens $59.4 million Address Marassi Golf Resort in Egypt"},"content":{"rendered":"\n

Dubai-based Emaar Properties has opened the $59.4 million Address Marassi Golf Resort in Egypt.<\/p>\n\n\n\n

The resort is the second of nine hotels that Emaar Hospitality Group will open in the Sidi Abdelrahman bay area on the country\u2019s north coast.<\/p>\n\n\n\n

Emaar\u2019s Mohamed Alabbar stressed it was business as usual for the company, despite the world being in the middle of the economically crippling Covid-19<\/a> crisis.<\/p>\n\n\n\n

\u201cDespite challenges that are being faced across the globe at the moment, at Emaar we continue to keep our focus on the future”, he said.<\/p>\n\n\n\n

Address Marassi Golf Resort, designed as a Tuscan style low-rise resort, counts with 48 rooms and suites overlooking Marassi\u2019s 18-hole signature golf course, which was designed by renowned designer Peter Harradine, in addition to 82 serviced apartments.<\/p>\n\n\n\n

The resort also features five restaurants, two outdoor swimming pools, one indoor pool, and the world-class The Spa at Address, in addition to a private 250 sqm ballroom.<\/p>\n\n\n\n

The development houses the largest yacht marina south of the Mediterranean, with a 236-yacht capacity, in addition to boasting the first international marina in the North Coast area with the capacity to host luxury yachts that reach up to 150 metres in length.<\/p>\n\n\n\n

Emaar Misr, the Egyptian arm of the property giant, first opened the EGP1.5bn ($93.8m) Al Alamein Hotel in 2018 in Sidi Abdelrahman bay. <\/p>\n\n\n\n

Alabbar noted that Emaar Properties\u2019 investments in Egypt amount to EGP200bn ($12.5bn), including a EGP55bn ($3.4bn) investment in the entire Marassi area and an EGP 11.5bn ($719m) investment in Emaar Misr\u2019s newly-launched project, Cairo Gate. While the company\u2019s investments in its Sheikh Zayed land may amount up to EGP37.8bn ($2.4bn) in the coming period. <\/p>\n","protected":false},"excerpt":{"rendered":"

Dubai-based Emaar Properties has opened the $59.4 million Address Marassi […]<\/p>\n","protected":false},"author":40,"featured_media":8411,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[1139,72],"contributor":[],"class_list":["post-8168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other-tech-events","tag-covid-19","tag-dubai"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2020\/07\/Emaar-techxmedia.jpg","author_info":{"display_name":"Techx Admin","author_link":"https:\/\/techxmedia.com\/en\/author\/techxadmin\/"},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t