Cairo’s Hotel Sector’s occupancy rates climbs to 60% in Q2 2022, almost double the level as compared to the corresponding period of last year which stood at 32%, Invest-Gate reports.

The Big 5 Construct Egypt 2022 concludes with great success in gathering industry professionals from Egypt and beyond. The exhibition runs under the patronage of Prime Minister Moustafa Madbouly and hosts more than 250 companies from all over the world, Invest-Gate reports.

Leeds Eco, Sky Investment subsidiary, announces the signing of a memorandum of understanding (MoU) with Kfoury Engineering and Contracting to provide its wide portfolio of clients with cutting edge technologies in the construction sector, whilst delivering quality, safety and economic solutions, Invest-Gate reports.

Castle Development commences the selling process of the fifth phase of its project in the New Administrative Capital (NAC), Castle Landmark

El-Attal Holding announces that their debut project in the New Administrative Capital (NAC), "PARKLANE," has sold 90% of Phase I, 95% of Phase II, and 90% of Phase III.

Royal One Developments announces that the construction rate of the "Capital Prime Business Park" project in the New Administrative Capital (NAC) reaches 40%.

Hassan Allam Holding (HAH) announces it has been awarded by the Ministry of Transportation (MOT) the construction work of two stations and four bridges for the high-speed train project.

Misr Italia Properties signs an EGP 400-mn contract with Solid Construction to implement construction work of the third phase of IL Bosco in the New Administrative Capital (NAC).

Rovan Urban Development (RUD) launches Evora, the downtown project, in the New Administrative Capital (NAC) with total investments of EGP 300 mn.

Royal Developments plans to start construction of 10 separate projects in New Cairo in Q4 2021.