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Gulf Egypt Plans EGP 20bn Mixed-Use Tourism Project in Sharm El Sheikh - Dailynewsegypt

Summary by Daily News Egypt
Gulf Egypt for Hotels and Tourism, a subsidiary of United Real Estate Company (URC), has unveiled plans for a mixed-use tourism and hospitality development in Sharm El Sheikh with investments exceeding EGP 20bn, as part of its expansion strategy in Egypt. The project, announced as the company marks 50 years of operations in the Egyptian
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Zawya broke the news on Sunday, July 12, 2026.
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