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Located just an hour away from Cairo, a new coastal destination is taking shape on Egypt’s Red Sea shoreline. Egyptian-British developer Alarinova is launching Steigenberger Resort Ayalora, Al Sokhna, and has appointed Steigenberger Hotels & Resorts to operate the five-star resort under a hotel management agreement. The destination is centered around the five-star resort, with residences owned and developed by Alarinova, and optional hospitality services operated under Steigenberger standards — blending world-class hospitality with contemporary Egyptian design. Known for…