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Matouk Bassiouny & Hennawy Advised Minor International On Strategic Partnership With SUNRISE Resorts & Cruises
Matouk Bassiouny & Hennawy advised Minor International on strategic partnership with SUNRISE Resorts & Cruises
The leading global law firm in Egypt, Matouk Bassiouny & Hennawy (MBH), acted as legal counsel to Minor International, the global hospitality leader, in connection with its landmark strategic partnership with SUNRISE Resorts & Cruises to develop and manage 50 new hotels across Egypt.
The partnership agreement was signed during a ceremony witnessed by Prime Minister Mostafa Madbouly and Minister of Tourism and Antiquities Sherif Fathy at the Cabinet headquarters. The alliance also includes Sunrise’s real estate arm, Madar Developments, which will spearhead the launch of four flagship hotels in Ras El Hekma, New Zayed, and Ain Sokhna as part of the first phase of the collaboration.
Commenting on the deal, Mariam Auda (Partner, MBH) said,
“We are proud to have advised Minor International on this strategic partnership, which marks a significant milestone for Egypt’s hospitality sector and demonstrates strong confidence in the country’s tourism and investment landscape.”
The MBH team was led by Mariam Auda (Partner).
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