Pickalbatros Holding for Investment and the UAE's NG9 Holding Group have announced a number of strategic partnerships and joint collaborations in several sectors, including hospitality, travel and tourism, technology and artificial intelligence, and maritime and logistics services, as well as investment opportunities and future projects in Egypt.
The announced partnerships include the signing of a new contract between Al Masry football club and NG9 Holding to place the NG9 logo on the first football team's shirt next season, as part of supporting joint cooperation and expanding areas of partnership between the two sides.
The agreements followed an agreement between Kamel Abou Aly, Chairman of Pickalbatros Holding for Investment, which includes a group of companies operating in hospitality, tourism, entertainment and hotel real estate development, and Alaa Al Ali, CEO and founder of the UAE's NG9 Holding, one of the leading companies in hospitality, travel and tourism, information technology and artificial intelligence, marketing and communications, aviation, and logistics and maritime services, as well as the authorized dealer for the "Reva" brand in the UAE and Oman.
Under this strategic partnership, and under the supervision of Magdy Aly, Executive Vice President of Pickalbatros Holding for Investment; Omar Al Ali, CEO of Nirvana Holding; and Joseph Saif, Head of Strategic Projects at NG9, a group of companies affiliated with both sides will begin implementing a number of agreed and confirmed projects in technology, tourism, maritime services and logistics across Egypt.
The entities taking part in implementing these projects include Nirvana Travel and Tourism, Jiwan Infotech, Jiwan Investment Solutions, Al Masry football club and Pickalbatros Hotels, reflecting the broad scope and diversity of cooperation between the two groups.
Details of the strategic partnership were officially announced today at an event at Jiwan Palace, one of NG9's luxury hotels, located in New Alamein City on Egypt's North Coast.
The partnership is part of both sides' drive to build long-term cooperation and use their shared expertise and capabilities to develop new projects and strengthen investments in tourism, hospitality, technology and services, supporting growth and expansion opportunities in the Egyptian market.
