According to the State Asset Management Agency, applications have been received from various countries in the Arab world, East Asia, and Europe. The received applications were analyzed for compliance with the criteria, and it was found that all of them meet the conditions.

The consulting firm Deloitte has been chosen as the privatization advisor.

Now the candidates must sign a Non-Disclosure Agreement (NDA).

Back in May of this year, the Agency put up for sale 100% of the state's share in the "Intercontinental."

The hotel building includes 232 rooms, 7 conference halls, 2 restaurants, bars and an open terrace, as well as a fitness club with a swimming pool. The total area of buildings and structures is 45,000 square meters, and the land area is 3 hectares.