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MGM Mirage, Egyptian Partner To Build Cairo Resort

Stock quotes in this article: MGM  

LAS VEGAS (AP) — Casino operator MGM Mirage said Tuesday that it is teaming with an Egyptian developer to build a resort outside Cairo.

The MGM Grand New Giza will receive equity funding from New Giza for Real Estate Development and be managed by MGM through its hospitality division. Further financial details were not disclosed.

The MGM Grand New Giza will house 550 rooms and an electric train will provide access to the Egyptian antiquities museum, which is under construction. ...

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