The Ritz-Carlton Hotel Company has signed an agreement with Palm Hills Developments to manage The Ritz-Carlton Cairo, Palm Hills and a Jack Nicklaus-designed 27-hole golf course and clubhouse, set to open in 2012.

Situated within the Palm Hills October community in the new cosmopolitan 6th of October City, this will be Ritz-Carlton's third property in Egypt.

The Nile Ritz-Carlton, Cairo will debut as the city’s first in 2011, joining The Ritz-Carlton, Sharm El Sheikh which was the company’s first resort in the country.

“Cairo provides a voyage of discovery steeped in heritage and the opening of The Ritz-Carlton Cairo, Palm Hills is a key strategic move to expand our presence across the Middle East and North Africa,”  said Simon Cooper, president and chief operating officer of The Ritz-Carlton Hotel Company.

“Our partnership with The Ritz-Carlton further demonstrates Palm Hills Developments’ commitment as a company that seeks to partner with the very best from the hospitality industry in order to offer the highest quality of service to our residents and guests,” added Yasseen Mansour, chairman and chief executive officer of Palm Hills Developments.

Designed by renowned architecture firm OBM International, each exquisite guestroom in the 160-room resort will feature spacious accommodations to showcase contemporary design with uninterrupted panoramic views of the legendary pyramids.

The Ritz-Carlton Hotel Company currently operates 72 hotels in the Americas, Europe, Asia, the Middle East, Africa, and the Caribbean.-TradeArabia News Service