El Gazzar Follows up on Work Progress in New Suez City

• Sunday, 24th July 2022
• by Invest Gate

Assem El Gazzar, Minister of Housing, Utilities and Urban Communities, follows up on the work progress of the projects implemented in New Suez City, which include residential buildings within the presidential initiative "Housing for All Egyptians", besides finishing infrastructure works in the industrial zone and its expansions and Ataka Free Zone, Invest-Gate reports.

El Gazzar Inspects North Square Mall in New Alamein City

• Sunday, 24th July 2022
• by Invest Gate

Assem El Gazzar, Minister of Housing, Utilities and Urban Communities, along with the head of the Urban Communities Authority, and the head of the New Alamein City Authority, inspect the North Square Mall in New Alamein, Invest-Gate reports.

The Mall is managed, operated, and marketed by Counsel Masters.

LUD Launches Phase II of Apex Business Mall in NAC

• Sunday, 24th July 2022
• by Invest Gate

Lozan Urban Development (LUD) announces the launch of phase II of its Apex Business Complex in the Downtown area of the NAC, Invest-Gate reports.

Tatweer Misr Secures EGP 240 mn Bridge Loan

• Friday, 22nd July 2022
• by Invest Gate

Tatweer Misr secures a bridge loan of EGP 240 mn from Arab African International Bank (AAIB) to finance the construction of the Bloomfields Mostakbal City and Monte Galala projects, Invest-Gate reports.

MRB to Run, Operate 12 Malls in NAC

• Thursday, 21st July 2022
• by Invest Gate

MRB company, one of the pioneer companies that provides variable facility management services, submits its papers in a tender offered by the New Administrative Capital Company for the management and operation of 12 malls in the government district, Invest-Gate reports.

MG Developments Contracts ECG to Monitor Implementation of ProMark Project

• Thursday, 21st July 2022
• by Invest Gate

MG Developments announces signing a contract with Engineering Consultants Group (ECG) to monitor the implementation of ProMark Project in the NAC, Invest-Gate reports.

Cairo’s Hotel Sector Sees High Occupancy Rates in Q2

• Thursday, 21st July 2022
• by Invest Gate

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

• Wednesday, 20th July 2022
• by Invest Gate

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

• Wednesday, 20th July 2022
• by Invest Gate

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

• Tuesday, 19th July 2022
• by Invest Gate

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.