Al Nahla Group and Mr. C Hospitality Group Sign a Memorandum of Understanding

Al Nahla Group has signed a Memorandum of Understanding with Mr. C Hospitality Group, the world’s leading hotel group for the Cipriani family. The memorandum intends to achieve aspects of cooperation that serve the future hospitality and hotel projects of the group.

Mr. Yasser Hassan Sharbatly, Vice Chairman of the BOD of Al Nahla Group, and Mr. Andrea Martucci, Vice President of Mr. C Hospitality Group, have signed the memorandum.

Mr. Yasser Sharbatly assured the value of signing this agreement, which aspires to establish the horizons of future cooperation with a distinguished hotel group that speaks about itself by representing a modern vision of the simple elegant European touch, desirous to reach the highest levels of accomplishment under this agreement.

For his part, Mr. Ignazio Cipriani expressed his thanks to Al-Nahla Group for the hospitality, highlighting his great eagerness to proceed forward in consolidating this partnership. The signing event was attended by the member of the Board of Directors and the Executive General Manager, Mr. Sultan Al-Turki, and the Executive Director of the Real Estate Sector, Eng. Khaled Abdel Ghaffar.