MBH Advises on Rixos Premium Alamein Hotel Agreement

Matouk Bassiouny & Hennawy (MBH) has successfully acted as the legal counsel for the owning company in negotiating and concluding the management agreement with Rixos, a part of Accor’s portfolio, one of the world’s leading hospitality companies. This agreement pertains to the luxurious Rixos Premium Alamein Hotel, previously known as “Regal Heights”.

This strategic move positions New Alamein City as a premier destination for discerning travelers worldwide, symbolizing a new era of opulence and hospitality. It is expected to facilitate and promote future investments in the tourism industry.

Mahmoud Bassiouny, the Regional Managing Partner and Group Head of Finance & Projects, and Mostafa Ali, an Associate at the firm led the MBH team advising on this matter. Their expertise and guidance were instrumental in the successful conclusion of this agreement.