Egypt's City Stars deploys Oracle e-business suite

Oracle Corporation today announced that Cairo-based City Stars Heliopolis, one of the largest tourism developments in the Middle East, is deploying the Oracle e-business suite to streamline its financial, human resources and property management activities

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By  Maddy Reddy Published  December 28, 2003

Oracle Corporation today announced that Cairo-based City Stars Heliopolis, one of the largest tourism developments in the Middle East, is deploying the Oracle e-business Suite to streamline its financial, human resources and property management activities.

The management behind the City Stars initiative, which includes a complex of three luxury hotels, shopping, offices, residences, and an exhibition center, have adopted the Oracle infrastructure to centralise key data, close its accounts faster, and have a more comprehensive view of finances across the different developments.

City Stars will utilise the Oracle solution to automate the leasing and management processes for 150,000 square metres of shopping space, 70,000 metres of office facilities, and almost 300 residential units. In addition, more than 500 current City Star employees, expected to increase to 2000 employees by 2005, will have a centralised payroll function and access to administrative human resources tasks online.

By migrating financial, leasing, and human resources information to a central integrated platform and enabling real-time access to it, City Stars' management anticipates reduced costs and improved decision-making capabilities across the entire project. The project is scheduled to complete construction by spring 2004,

"As City Stars Heliopolis emerges as one of the region's largest tourism initiatives, the project's leaders have chosen a technology strategy that enables centralised, transparent financial and human resources management across the entire enterprise," says Atef Helmy, managing director of Oracle Egypt.

Oracle partner Oratech-Raya Holding is managing City Stars' enterprise resource planning (ERP) implementation. Additional phases of the Oracle project will include implementation of internet procurement, customer relationship management (CRM) and enterprise asset management.

"Tourism ranks among the vital foundations of the Egyptian economy, and City Stars Heliopolis is one of the most ambitious projects since the Pyramids. A core component to delivering the City Stars initiative on time and within budget is sound financial control, and we believe that the Oracle e-business Suite with Arabic-enabled functionality will give our organisation greater insight into our finances and resources," says Noor Khan, financial controller, City Stars.

The Oracle Financials module will provide accounting functions, for the Intercontinental, Le Meridien, and Holiday Inn hotel properties within the City Stars complex. The solution will integrate with the property management component, which automates annual leases for shops and residences within the development.

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