Modon Partners With Montage Hotels & Resorts to Bring Ultra-Luxury Hospitality Brand to Egypt’s Ras El Hekma

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Modon Partners With Montage Hotels & Resorts to Bring Ultra-Luxury Hospitality Brand to Egypt’s Ras El Hekma

2026-05-17 19:53 Last Updated At：20:01

RAS EL HEKMA, Egypt--(BUSINESS WIRE)--May 17, 2026--

Abu Dhabi-based Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast. This is the first Montage resort in Egypt – supporting the emerging city’s growth as a global hub for leisure, business and tourism.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260517167234/en/

Montage Ras El Hekma will feature 200 guestrooms and suites, in addition to 96 Montage Residences, and will offer a curated mix of wellness and leisure amenities, including beachfront swimmable lagoons, a Spa Montage with 13 treatment rooms, and six dining venues, alongside retail and family-oriented experiences. Designed as the experiential core of the wider community, the resort will also feature event spaces, expansive outdoor lawns and terraces, and a dedicated Owners’ Clubhouse that complements the private residential setting.

At the heart of the Ras El Hekma development, the resort will create a hospitality-led living environment, blending private ownership with Montage’s signature approach to intuitive, understated luxury and a fully serviced lifestyle defined by ease, privacy and discretion. With no future phases planned for this collection, the residences represent a rare and highly exclusive ownership opportunity within a layered coastal setting that brings together 2.25 kilometres of shoreline, rolling fairways, an integrated marina and world-class hospitality experiences.

Bill O’Regan, Group CEO of Modon Holding, said: “Montage Hotels & Resorts are renowned for serving affluent travellers and homeowners, delivering an elevated guest experience and a commitment to refined living while remaining authentic to their surroundings. This ethos aligns closely with Modon’s vision for Ras El Hekma, where we are creating a distinctive Mediterranean destination defined by quality, experience and long-term value.”

Montage Residences Ras El Hekma comprise of a private collection of 96 branded villas positioned in Wadi Yemm, Ras El Hekma’s first precinct, designed to maximise space, light, privacy and seamless indoor-outdoor living. The three- to six-bedroom villas are oriented towards the sea, reinforcing a strong connection to the surrounding land and natural environment, with select homes offering dual views across the Mediterranean and a championship golf course.

Montage Ras El Hekma marks the international ultra-luxury brand’s debut in the country and the start of a broader partnership between Modon and Montage, with potential for further collaboration across Modon’s destinations. New properties will add to Montage Hotels & Resorts’ existing portfolio of six ultra-luxury resorts and residences across the United States and Mexico, as well as additional properties planned in the Bahamas, Punta Mita, and Valle de Guadalupe.

Alan J. Fuerstman, Founder, Chairman and CEO of Montage International, said: “Bringing the Montage brand to Egypt with Modon is a truly exciting milestone in our global journey. Ras El Hekma is a remarkable destination, where rich heritage and thoughtful design come together in a way that is redefining luxury along the Mediterranean coast. We are honoured to collaborate with Modon to bring this vision to life and to build on their outstanding reputation for creating vibrant communities and delivering world-class sporting and lifestyle experiences.”

Montage Ras El Hekma forms part of the USD 35 billion Ras El Hekma masterplan, a 170.8 million square metre development transforming Egypt’s Northern Coast into a next-generation city expected to attract investment of USD 110 billion by 2045. The resort and residences will be set within Wadi Yemm, the first of Ras El Hekma’s 17 planned precincts to move into active delivery. As the city’s first fully integrated coastal community, it represents the opening chapter of the broader masterplan vision.

Wadi Yemm will also feature a series of cultural landmarks that will help shape the identity of the wider city, including the Ras El Hekma Lighthouse and an amphitheatre designed to host up to 10,000 guests across an annual programme of cultural and entertainment events.

Ras El Hekma is designed for seamless access by road, sea, and air, placing it within four hours’ flight time of nearly half the world’s population. The destination will include a new international airport integrated with high-speed rail networks, major highways, and marinas, alongside a dedicated cruise terminal.

Spanning 44 kilometres of Mediterranean coastline, Ras El Hekma will deliver a mix of leisure, hospitality and cultural offerings. At its core, the destination will feature a central business and financial district, supported by education, residential and mixed-use districts designed to sustain a vibrant year-round community.

Upon completion, Ras El Hekma is expected to contribute approximately USD 25 billion annually to Egypt’s GDP and create around 750,000 jobs, establishing it as one of the region’s largest urban development and investment projects.

For more information, prospective buyers can visit modon.com or call 800 MODON in the UAE, 7734 in Egypt, or +201122222734 for international enquiries.

For more information on Montage Ras El Hekma, please visit www.montage.com and follow @montagehotels and @montageraselhekma.

About Modon

Modon is an international holding company, headquartered in Abu Dhabi, United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX). Modon is at the forefront of urban innovation, creating iconic designs and experiences that continually surpass expectations. From real estate to hospitality, asset and investment management, events, catering and tourism, and urban infrastructure, we are bringing cities to life through delivering long-term and sustainable value.

About Montage Hotels & Resorts

Montage Hotels & Resorts is the ultra-luxury hospitality management company founded by Alan J. Fuerstman. Designed to serve the affluent and discerning traveler and homeowner, the company features an artistic collection of distinctive hotels, resorts, and residences. Each Montage property offers comfortable elegance, a unique sense of place and spirit, impeccable hospitality and memorable culinary, spa and lifestyle experiences. The portfolio of hotels, resorts and residences includes: Montage Laguna Beach, Montage Deer Valley, Montage Palmetto Bluff, Montage Los Cabos, Montage Healdsburg, and Montage Big Sky. Future destinations include Montage Cay, Montage Punta Mita, Montage Valle de Guadalupe and Montage Ras El Hekma. Montage Hotels & Resorts is a member of Preferred Hotels & Resorts. For more information, follow @montagehotels or visit www.montage.com.

*Source: AETOSWire

North America’s largest commuter rail system remains shut a second day as Monday rush hour looms

NEW YORK (AP) — The shutdown of the Long Island Rail Road, North America’s largest commuter rail system, continued into a second day on Sunday after unionized workers went on strike for the first time in three decades a day earlier.

The railroad, which serves New York City and its eastern suburbs, ceased operations just after midnight Friday after five unions representing about half its workforce walked off the job.

New York Gov. Kathy Hochul, who has urged commuters to work from home, planned a news conference for late Sunday morning.

The unions and the Metropolitan Transportation Authority, the public agency that runs the railroad, have been negotiating for months on a new contract, with talks stalled over the question of workers' salaries and healthcare premiums. President Donald Trump’s administration tried to broker a deal, but the unions were legally allowed to strike starting at 12:01 a.m. Saturday.

Kevin Sexton, national vice president of the Brotherhood of Locomotive Engineers and Trainmen, has said no new negotiations have been scheduled.

“We’re far apart at this point,” Sexton said early Saturday. “We are truly sorry that we are in this situation.”

MTA Chairman Janno Lieber said the agency “gave the union everything they said they wanted in terms of pay” and that to him it was apparent the unions always intended to walk out.

The MTA was not expected to provide an update on the strike before the governor's news conference, which was scheduled for 11 a.m.

The walkout, the first for the LIRR since a two-day strike in 1994, promises to cause headaches for sports fans planning to see the Yankees and Mets battle this weekend or to watch the Knicks’ playoff run at Madison Square Garden, which is located directly above the railroad’s Penn Station hub in Manhattan.

The station was devoid of its usual weekend bustle in the afternoon Saturday. Only a few dozen people were seen traversing the main concourse, many dragging rolling luggage from departing or arriving Amtrak trains, which are not affected by the strike.

Departure boards normally showing upcoming trains by destination instead listed ghost trains marked “No Passengers.” A few signs affixed to customer service windows explained that the railroad was shut down because of a strike.

Access to platforms was blocked off with bicycle-rack style barricades and roll-down gates as MTA police officers stood sentry, directing people to alternative transportation.

If the stoppage continues into the workweek, the roughly 250,000 people who ride the system each weekday will be forced to find other routes to the city from its Long Island suburbs. For many that likely means navigating the region’s notoriously congested roads.

Hochul, a Democrat, blamed the Trump administration for cutting mediation short and pushing the negotiations toward a strike. Trump, a Republican, responded on his Truth Social platform, saying he had nothing to do with the strike and “never even heard about it until this morning.”

“No, Kathy, it’s your fault, and now looking over the facts, you should not have allowed this to happen,” Trump said, renewing his endorsement of Long Island politician Bruce Blakeman, who is challenging Hochul’s reelection bid. “If you can’t solve it, let me know, and I’ll show you how to properly get things done.”

The MTA has said it would provide limited shuttle buses to New York City subway stations, but that contingency plan was not envisioned to handle all the riders the system normally carries on a workday.

And while remote work options greatly expanded during the COVID-19 pandemic, many people still need to show up in person, said Lisa Daglian, executive director of the Permanent Citizens Advisory Committee to the MTA, a commuter advocacy group.

“You work in construction, you work in the healthcare industry, you work at a school or you’re about to graduate from school, that’s not always possible,” she said. “People need to get where they need to go.”

Dave Sumner, a locomotive engineer of 32 years, said he anticipates that Trump or Congress will step in before the strike goes on much longer.

“We’re pretty vital to this area,” he said.

The MTA has said the unions’ initial demands to raise salaries would have led to fare increases and impacted contract negotiations with other unionized workers.

The unions, which represent locomotive engineers, machinists, signalmen and other train workers, have said more substantial raises were warranted to help workers keep up with inflation and rising living costs.

Duane O’Connor, who picketed Saturday morning at Penn Station, said that while he regrets the impact on commuters, workers are simply asking for fair pay.

“I feel terrible. Terrible. This is going to hurt. This is going to hurt the island, this is going to hurt the city. ... All we are asking for is fair wages,” he said.

“We’re pretty much three years without a contract,” said Karl Bischoff, a locomotive engineer with LIRR for 29 years. “If they did their contracts for their construction stuff like that, this place would be in worse condition.”

If the unions get the pay increases they are looking for, “it will come at the expense of our riders who will see next year’s 4% fare increase doubled to 8%,” Gerard Bringmann, chair of the rider advocacy group LIRR Commuter Council, said in a statement. “Like the union workers, we too are burdened by the increase in the cost of living here on Long Island.”

With Hochul running for reelection, the pressure might be on the MTA to strike a deal to end the shutdown, said William Dwyer, a labor relations expert at Rutgers University in New Jersey, where commuter rail workers staged a three-day strike last year.

“She’s up for reelection, and Long Island is a critical vote for her,” Dwyer said. “So if there’s a significant fare hike, that does not bode well for her on Election Day.”

Follow Philip Marcelo at https://x.com/philmarcelo

Modon Partners With Montage Hotels & Resorts to Bring Ultra-Luxury Hospitality Brand to Egypt’s Ras El Hekma

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