News / Government

Gov’t Considers New Building Requirements

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar and Minister of Local Development Mahmoud Shaarawi look into the latest requirements for building and constructing Egyptian cities in order to reach the final outcomes of the urbanization development plan, Invest-Gate reports.

New Mansoura City Takes Up New Medical Project

Eng. Mohamed Ragab, head of the New Damietta Development Authority and the supervisor of the city of New Mansoura, announces that the New Urban Communities Authority approves the location of a new medical project in New Mansoura on an area of ​​32,355 sqm, Invest-Gate reports.

Borg Al Arab Undergoes EGP 220 mn Development

Borg Al Arab undergoes development work with a planned cost of EGP 220 mn, Invest-Gate reports.

Egypt Launches New EGP 100 bn Mortgage Finance Initiative

Egyptian President Abdel Fattah Al-Sisi directs the Central Bank of Egypt (CBE) to launch a new mortgage finance program worth EGP 100 bn, Invest-Gate reports.

NAC Year-End Inauguration Under Discussion

Prime Minister Mostafa Madbouly holds a meeting on March 8 to discuss the arrangements and activities of the inauguration of the New Administrative Capital (NAC) by the end of this year, Invest-Gate reports.

Abbas Inspects NAC’s Capital Park

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas pays an inspection visit to the site of New Administrative Capital (NAC)'s Central Park, to take stock of the project progress, Invest-Gate reports.

New Mansoura City’s Housing Development Nears Completion

Deputy Minister of Housing, Utilities, and Urban Communities Khaled Abbas announces the completion of 4,704 housing units (196 buildings), in the Egypt Housing project in the New Mansoura City, with an implementation rate of 94%, Invest-Gate reports.

Gov’t: 55% of Housing for All Egyptians Initiative Completed in 6th of October

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar confirms the completion rate of 24,888 housing units (1,037 buildings) of the initiative of "Housing for All Egyptians", in the 6th of October City, reached 55%, Invest-Gate reports.

Real Estate Chamber Supports Real Estate Registration Law

The Real Estate Development Chamber intends to prepare proposals on the amendments to the Real Estate Registration Law, Invest-Gate reports.

The Latest On NAC’s 1 of 20 Iconic Towers

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar announces the implementation of 60 floors in the iconic tower in the Central Business District of the New Administrative Capital, Invest-Gate reports.

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