News / Government

Prime Minister Reviews the Progress of “Ras El Hekma New City” and “Shams El Hekma” Projects

Dr. Mostafa Madbouly, Prime Minister of Egypt, held a meeting today to follow up on the execution status of the “Ras El Hekma New City” and “Shams El Hekma” projects. The session was attended by Lieutenant General Eng. Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Transport and Industry; Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities; and Major General Khaled Shaib, Governor of Matrouh, Invest-Gate reports.

Tickets for Phases One and Two Sell Out for New Capital Countdown Festival, Phase Three Now Open

Tazkarti has announced the opening of ticket sales for Phase Three of the New Capital Countdown Festival, following the rapid sell-out of tickets for Phases One and Two. This high demand highlights the excitement surrounding the event, organized by the Administrative Capital for Urban Development (ACUD), in Egypt's New Capital, Invest-Gate reports.

Tarek Shoukry Elected Chairman of the Real Estate Development Chamber of the Federation of Egyptian Industries

The elections of the Board of Directors of the Real Estate Development Chamber of the Federation of Egyptian Industries (FEI) resulted in the selection of Eng. Tarek Shoukry, Founder of Arabia Developments, as Chairman of the Chamber, as part of the newly formed board, Invest-Gate reports.

Housing Minister Meets Qatari Minister of Social Development to Enhance Cooperation and Provide Adequate Housing

During the 6th Arab Ministerial Forum on Housing and Urban Development in Doha, Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, held talks with H.E. Buthaina bint Ali Al Jabr Al Nuaimi, Qatar’s Minister of Social Development and Family, focusing on enhancing bilateral cooperation and sharing expertise to advance urban development and ensure adequate housing for all, Invest-Gate reports.

Social Housing and Mortgage Finance Fund CEO: We Aim to Build Over 68,000 Green Housing Units with Eco-Friendly Specifications

During her participation in the 6th Arab Ministerial Forum for Housing and Urban Development in Qatar, Ms. May Abdel Hamid, CEO of the Social Housing and Mortgage Finance Fund, highlighted the fund's efforts to develop sustainable, eco-friendly housing solutions, Invest-Gate reports.

Exceptional Celebration and Major Surprises in New Capital to Ring in the New Year

In preparation for the upcoming New Year, the New Administrative Capital for Urban Development (ACUD) is organizing a grand celebration to be shared with the public. The event promises to be a joyous occasion, filled with positive energy, reflecting the city's dynamic spirit and its bright prospects for a more promising future, Invest-Gate reports.

Education Development Fund Launches First Internationally Accredited Program to Qualify Real Estate Marketing Officials in Egypt

The Education Development Fund, affiliated with the Egyptian Prime Minister’s Office, this week launched the first session of an internationally accredited program to train and qualify real estate marketing and sales officials in Egypt. Part of the International Licensing Academies project for professions abroad, the initiative is a regional first and aligns with the state’s strategy to enhance the competitiveness of Egyptian talent and raise professional standards globally, Invest-Gate reports.

Minister of Investment and Foreign Trade Talks to Bloomberg During South Africa Business Summit

Minister of Investment and Foreign Trade, Eng. Hassan ElKhatib, held an interview with Bloomberg during his visit to South Africa for the Bloomberg Business Summit, where he discussed efforts to restore foreign direct investment, highlighted major deals with Qatar, outlined plans to restructure state assets, and detailed Egypt’s growing industrial investment opportunities, Invest-Gate reports.

Financial Regulatory Authority Approves First Digital Platform for Real Estate Fund Investments

In a strategic move aimed at developing Egypt’s non-banking financial sector and promoting digital transformation, the Financial Regulatory Authority (FRA) has approved the establishment of the country’s first digital platform for investing in real estate fund units. The initiative was proposed by Azimut Egypt, Invest-Gate reports.

Prime Minister Reviews Arrangements for the Launch of the Fustat Hills Winter Festival 2025 Next Friday

Prime Minister Dr. Mostafa Madbouly reviewed a report from Eng. Khaled Sedeik, Chairman of the Board of Urban Development Fund, on preparations for the upcoming Fustat Hills Winter Festival 2025, set to kick off next Friday at Fustat Hills Park, Invest-Gate reports.

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