Egyptian government
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Government 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.
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Developers
Talaat Moustafa to Provide 2 mn Egyptians with COVID-19 Vaccine
Wednesday, 13 January 2021
Talaat Moustafa Group (TMG) Holding CEO Hisham Talaat Moustafa has inked a cooperation protocol with the Egyptian health ministry to cover the costs of COVID-19 vaccines for about 2 mn unprivileged citizens, as part of the company's corporate social responsibility (CSR) initiatives.
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Developers Government
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.
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Developers
Ldp+Partners to Launch New Projects in the Egyptian Market
Wednesday, 6 January 2021
Ldp+Partners Architectural and Engineering Consultant supervises multiple real estate projects with an implementation value of USD 2 bn in Saudi Arabia with further expansion plans in the Egyptian market in 2021
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Government
Gov’t Extends Deadline for Property Tax Payment Until March-End
Saturday, 2 January 2021
Egypt's Finance Minister Mohamed Maait has approved the extension of the deadline for filing real estate tax returns until the end of March 2021.
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Government
El Gazzar Calls for Regular Follow-Up on ‘Residence for all Egyptians’ Project
Saturday, 2 January 2021
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has emphasized the need for adherence to deadlines and continuous follow-up on the construction of housing units in the “Residence for all Egyptians” initiative.
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Government
Deliveries at NAC’s Capital Residence to Start January 3: Minister
Saturday, 2 January 2021
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has unveiled plans to deliver several housing units in Capital Residence, located in the New Administrative Capital's (NAC) R3 District, from January 3 to July 5.
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Government
New Aswan Sees 66 Villas Done, 84 Others in Store for Mid-2021
Thursday, 24 December 2020
Merely 66 fully-finished villas overlooking the Nile River, nestled within New Aswan's in-progress 6,000-meter-long tourist strip, have been delivered, with 84 others in the pipeline for handover before July 2021.
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Government
New Cairo Awaits Completion of 1,625 Dar Misr Units Next January
Thursday, 24 December 2020
Vice President of New Urban Communities Authority (NUCA) Abdulmutallab Mamdouh has inspected work on phase II of New Cairo's Dar Misr middle-income housing project, affirming that 1,625 apartments (69 residential buildings) are set for delivery starting from January 2021.
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Infrastructure
Gov’t Builds Almost EGP 96 bn Energy Projects in 2 Yrs: Minister
Wednesday, 23 December 2020
Egypt's Minister of Planning and Economic Development Hala El Saeed has confirmed the execution of 416 public developments in the electricity and renewable energy sector, at a value of EGP 95.6 bn, over the past two fiscal years.
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Last Modified January 20, 2021