Arab Finance: Cleopatra Group is targeting to invest EGP 120 billion in the Egyptian tourism and industry sectors during 2024, Chairman Mohammed Abou El Enein told Asharq Business on November 14^th on the sidelines of the Egyptian-Qatari Economic Investment Forum.

The group is working to add new production lines to its ceramic factories, in addition to establishing a number of new hotels in the North Coast and Marsa Matrouh with a capacity of up to 2,500 rooms, he added.

Additionally, he said that Cleopatra would increase its current hotel capacity in Sharm El-Sheik and Hurghada.

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