EGYPTIAN TOURISM COMPANY TO RUN AL-QASR HOTEL IN ADEN

CAIRO, June 09 (Saba)- Arab Yemen Libyan holding company signed on
Wednesday in Cairo a $ 100 million contract with the Egyptian
International Arab Company for Tourism and Hotels Management to run
al-Qasr Resort and Hotel in Aden which is one of projects for 20th
Gulf Football Competition.

Chairman of the Egyptian company Mohammed Abdul Jawad stated to Saba
that the company is proud to run such hotel, saying such contract
comes within strategy of the company to run other 15 hotels by 2013
in Middle East and North Africa.

Chairman of the Yemen Libyan holding company Abdul Kareem Dhaban
said that the contract would open further cooperation and tourism
investment between the two sides, adding that the company is working
to do further investment projects in Yemen.

AH