News | Egypt

  • Gov’t Follows up on Maspero Triangle

    Gov’t Follows up on Maspero Triangle

    Tuesday, 19 January 2021

    Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas inspects the Maspero Triangle project accompanied by Salah Metwally, Supervisor of Developing the Areas of Maspero Triangle, Imbaba Airport and Ain Sira, and New Urban Communities Authority officials, to follow up on the progress of the ongoing development projects

  • NUCA Signs New Contract with Talaat Mustafa Group

    NUCA Signs New Contract with Talaat Mustafa Group

    Tuesday, 19 January 2021

    The Arab Company for Urban Investment, one of the Talaat Mustafa Group Holding, buys 5,000 acres from New Urban Communities Authority (NUCA) for the development of Capital Gardens

  • Gov’t Follows up on Roads Network in New Damietta

    Gov’t Follows up on Roads Network in New Damietta

    Monday, 18 January 2021

    Head of New Damietta Development Authority Mohamed Ragab, accompanied by officials of the agency, inspects the work process of the new road network in New Damietta, Invest-Gate reports.

  • Gov’t Visits “Soor Magra-El-Oyoun” Development Project

    Gov’t Visits “Soor Magra-El-Oyoun” Development Project

    Monday, 18 January 2021

    Deputy Minister of Housing, Utilities, and Urban Communities for National projects Khaled Abbas has visited "Soor Magra-El-Oyoun" development project accompanied by Abdel Khaleq Ibrahim, Assistant Minister of Housing for Technical Affairs, and Alaa Abdel Aziz, Assistant Vice President of the New Urban Communities Authority, Invest-Gate reports.

  • Gov’t Grants 3M Extension for Payment of Real Estate Arrears
    Land

    Gov’t Grants 3M Extension for Payment of Real Estate Arrears

    Thursday, 14 January 2021

    Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has approved the extension of full payment of residential and non-residential arrears to March 15, with fines exemption.

  • El Mostakbal Donates EGP 7 mn to Tahya Misr
    Developers

    El Mostakbal Donates EGP 7 mn to Tahya Misr

    Wednesday, 13 January 2021

    El Mostakbal for Urban Development has donated EGP 7 mn to Tahya Misr Fund to facilitate the provision of the newly-introduced Coronavirus vaccine to eligible groups.

  • Egypt’s Annual Inflation Headline Declines : Statement

    Egypt’s Annual Inflation Headline Declines : Statement

    Sunday, 10 January 2021

    Egypt’s annual inflation headline declines to its lowest since October reaching 5.4 % in December, down from 5.7% in November, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on January 10

  • Major Gov’ Projects at New Mansoura City Nearly Finished

    Major Gov’ Projects at New Mansoura City Nearly Finished

    Sunday, 10 January 2021

    Mohamed Ragab, head of the New Damietta Development Authority and the supervisor of the New Mansoura, has inspected the New Mansoura City, accompanied by Yasser Kahla, Deputy Head of the Agency, among other officials as part of the daily periodic follow-up of the projects at new cities, Invest-Gate reports. 

  • EGP 63 bn Invested in Upper Egypt Thus Far

    EGP 63 bn Invested in Upper Egypt Thus Far

    Wednesday, 6 January 2021

    With Egypt's new regime under President Abdel Fattah El Sisi, Egypt has spent EGP 63bn on the development of Upper Egypt, Minister of Housing, Utilities, and Urban Communities Assem El Gazzar confirms

  • NUCA Allocates 33 Land Plots in 14 New Cities

    NUCA Allocates 33 Land Plots in 14 New Cities

    Wednesday, 6 January 2021

    The Board of Directors of the New Urban Communities Authority (NUCA) allocates 33 land plots in 14 new cities for various activities