Kuwait City
by URC | Press Release
United Real Estate Company
K.S.C.P (URC), the real estate arm of KIPCO Group and a leading real estate
developer and investor in Kuwait and the MENA region, announced the opening of
the Waldorf Astoria Cairo Heliopolis Hotel, one of the luxurious hotel brands
affiliated with Hilton, through Gulf Egypt for Hotels and Tourism Company, a
subsidiary of United Real Estate Company.
The hotel offers, in its distinctive
architectural style, elegant atmospheres and exceptional experiences that meet
the guests' aspirations and needs from the heart of the capital of Egypt,
Cairo. It provides a luxurious sanctuary and an oasis of tranquility amidst
enchanting botanical gardens, allowing guests to enjoy a luxurious and relaxing
stay away from the hustle and bustle of the city center.
The Waldorf Astoria Hotel is located on
Al Orouba Street in the upscale neighborhood of Heliopolis, Cairo, just minutes
away from Cairo International Airport. Guests have easy access to the most
prominent tourist attractions as well as the long-awaited Grand Egyptian
Museum. Additionally, the up-and-coming New Administrative Capital, a new urban
community home to government, residential, business and cultural districts, is
also within convenient reach from the hotel.
In this context, Mr. Mazen Issam
Hawwa, URC Vice Chairman and Group Chief Executive Officer, stated: "We
are pleased with this partnership with the global hospitality company Hilton to
expand our portfolio in the Arab Republic of Egypt to include the renowned
Waldorf Astoria brand, which elevates the guest experience regarding luxurious
accommodations to provide a trusted brand to guests and visitors seeking the
highest levels of service. We look forward to welcoming our guests to this
stunning hotel, which will undoubtedly become one of the most distinguished
landmarks in Egypt."
Mr. Hawwa added: "Our
partnership with the Waldorf Astoria brand reflects the shared values between
us and highlights the luxurious and exceptional experiences offered by both
brands to their clients. Through this partnership, we seek to integrate passion
and luxury to deliver the most luxurious and unforgettable experiences."
On the other hand, Mr. Mohsen Abu EL
Azm, Managing Director of Gulf Egypt for Hotels and Tourism Company, commented,
saying: "The expansion plans for United Real Estate's portfolio of
development projects were a response to the growing demand in prime locations
in Egypt and our conviction in the long-term growth potential of the Egyptian
real estate market. We are confident that these development projects will
solidify the company's leading position in the market and meet the increasing
demand for luxurious and high-quality properties in the market in Cairo, which is
experiencing continuous growth."
From his side, Guy Hutchinson,
President, Middle East & Africa, Hilton, said: “Egypt welcomed a record
number of 14.9 million international tourists in 2023, and with Cairo often
being the starting point for travellers’ journey to discover the country, we
are delighted to bring the world-renowned luxury of Waldorf Astoria to this
sought-after destination. Waldorf Astoria Cairo Heliopolis will appeal to
discerning guests seeking world-class luxury, offering enriching experiences
and unparalleled service within easy reach of Cairo’s vibrant cultural and
heritage sites.”
A blend of modern elegance and local
authenticity, the hotel features 252 luxurious and contemporary deluxe rooms
and suites. Four exquisite restaurants invite guests on a journey of discovery,
whilst best-in-class facilities include a Waldorf Astoria Spa and stunning
event spaces.
Dale MacPhee, the General Manager of
Waldorf Astoria Cairo, said: "The world-class legacy that the Waldorf
Astoria brand boasts offers a range of opportunities to guests eager to explore
the vibrant city of Cairo, steeped in deep historical roots. With Waldorf
Astoria Cairo Heliopolis, visitors will enjoy unparalleled luxury hospitality
in the country, and we are delighted to open our doors to our guests to
experience the best that the hotel has to offer."
Waldorf Astoria Cairo Heliopolis is
part of Hilton Honors, the award-winning guest loyalty programme for Hilton's
world-class hotel brands. Members who book directly have access to instant
benefits and the Hilton Honors mobile app. Book direct at Hilton.com, through
the Hilton Honors app or through other official Hilton channels for more perks
and a price match guarantee. Hilton Honors members can redeem Points using the
Points Explorer tool. Moreover, URC's focus on enhancing a
For more information about Waldorf
Astoria, please visit www.stories.hilton.com.
About URC
United Real Estate
Company. K.S.C.P (URC) is one of the leading real estate developers in Kuwait
and the MENA region, with consolidated assets of Approx. KD 669 million (US$
2.2 Billion) as of 30th September 2023. Head quartered in Kuwait, URC was
founded in 1973 and was listed on the Kuwait Stock Exchange in 1984.
URC primarily operates through a number of operating subsidiaries and
investment arms across the MENA region. URC's core business is real estate
development and operations and enjoys a diversified portfolio of assets that
include retail complexes, hotels, residential properties, and high-rise office
buildings.
URC’s operations extend to construction and contracting services, facility
management, and project management through its several subsidiaries. URC's
portfolio of assets is geographically spread throughout the MENA region and
includes Marina World, Marina Hotel, and KIPCO Tower in Kuwait, Salalah Gardens
Mall & Residences in Oman, Abdali Mall in Jordan, Raouche View 1090 in
Lebanon, Hilton Cairo Heliopolis & Waldorf Astoria Hotels, and Aswar
Residences in Egypt, and Assoufid development including a golf resort,
five-star hotel, and premium residences in Morocco.
URC is the real estate arm of its majority shareholder, Kuwait Projects
Company – Holding (KIPCO Group), a holding company that focuses on investments
in the Middle East and North Africa. It’s strategy of acquiring, building,
scaling and selling companies in the MENA region has worked successfully for
over 30 years. KIPCO’s main business sectors are financial services, media,
real estate, and industry. KIPCO’s financial service interests include holdings
in commercial banks, insurance companies, asset management, and investment
banking.
Contact Info
Salem Al Khulaqi
Communications Manager – Sales & Marketing
United Real Estate Company
T (+965) 2295 3671
F (+965) 2244 1003
s.alkhulaqi@urc.com.kw