At a press conference held at Murooj Rotana in Dubai, Orascom Hotels Holding, the single largest hotel owner in Egypt, SHUAA Hospitality Fund I, a new fund managed by SHUAA Partners, the private equity arm of SHUAA Capital and Rotana Hotel Management Corporation, the leading hotel chain in the MENA region announced a Joint Venture, which will invest in developing and operating budget business hotels in Egypt to be exclusively managed by Rotana./p
