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MGM Mirage confirms plans to build resort in Egypt

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Thursday, 18 June 2009
EXPANSION PLANS: Las Vegas-based MGM Mirage confirms further expansion into Mideast. (Getty Images)
EXPANSION PLANS: Las Vegas-based MGM Mirage confirms further expansion into Mideast. (Getty Images)

MGM Mirage has confirmed plans to build the MGM Grand New Giza, a 550-room resort on the outskirts of Cairo.

The project will be funded by New Giza for Real Estate Development, developer of a 1,500-acre master-planned community which includes designs for homes, three hotels, restaurants, shopping malls, golf course and other sports facilities, according to the Las Vegas Journal-Review.

Terms of the deal were not announced, nor any mention of plans for a casino.

MGM Mirage will provide management services and brand the hotel through its subsidiary MGM Mirage Hospitality. The property is anticipated to open in 2013.

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MGM Mirage Hospitality has similar agreements to develop non-casino properties in China, Dubai and Vietnam.

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