Cairo’s Hotel Occupancy Rates Fall in May

Cairo’s hospitality market witnesses a 10.1% year-on-year decline in occupancy in May 2016, Invest-Gate reports.

Heliopolis Housing Posts Sales of EGP 71.07 mn in May

Egyptian construction company Heliopolis Company for Housing and Development posts sales worth EGP 71.07 mn in May, Invest-Gate reports.  

GAFI Says 370 Firms Established in Third Week of May

A total of 370 new companies have been established during the third week of May with investments worth EGP 580.4 mn, Invest-Gate reports.

Dubai’s DAMAC Opens Maison Bay’s Edge in May

Dubai-based real estate developer DAMAC is to open its new hotel Maison Bay’s Edge in May, Invest-Gate reports.

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