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Cairo’s Hotel Sector Sees High Occupancy Rates in Q2

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.

Mountain View Records 63% Increase in Sales in H1 2022

Mountain View reveals its contractual sales during H1 2022, registering EGP 11 bn with an annual growth rate of 63% exceeding the company’s original target, Invest-Gate reports.

Residential Plots See Great Demand in New Cities in Upper Egypt

Assem El Gazzar, Minister of Housing, Utilities and Urban Communities, states that there is a great demand for the reservation of various residential plots (medium housing, distinguished housing, and the most distinguished housing), with a total of 3,677 plots in new cities of Upper Egypt, Invest-Gate reports.

The Big 5 Construct Egypt 2022 Hosts Global, Egyptian Construction Professionals

The Big 5 Construct Egypt runs from June 25th to 27th at the Egypt International Exhibition Center (EIEC), under the patronage of Prime Minister Mostafa Madbouly, Invest-Gate reports.

Housing Ministry Offers Shops, Administrative Units for Sale in New Assiut City

Several commercial stores and administrative units are offered for sale by public auction in New Assiut City, Invest-Gate reports.

ODE Records EGP 4.7 bn in Sales in H1 2022

Orascom Development Egypt (ODE) announces its preliminary real estate and hotels KPIs for the period ended June 30th, Invest-Gate reports.

White Eagle Developments to Launch Blue Bird Project in NAC

White Eagle Developments is to launch a residential project (Blue Bird) within a few days in the most prominent area in R8 in the NAC, with investments of EGP 2.5 bn, Invest-Gate reports.

Menoufia Sees Several Potable Water and Sanitation Projects

Assem El-Gazzar, Minister of Housing, Utilities and Urban Communities, states that 36 drinking water and sanitation projects are being implemented in Menoufia, Invest-Gate reports.

MBG to pump up to EGP 10 bn Investments in NAC

MBG Real Estate Investment Company considers injecting new investments in the NAC, exceeding EGP 10 bn, by launching new projects in the upcoming period, invest-Gate reports.

Style Home Starts Marketing Phase III of Icon Residence II

Style Home Development announces the opening of reservations for phase III of the Icon Residence II project in New Cairo, Invest-Gate reports.

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