News / Government

Gov’t Inspects the Second Industrial Zone in New Nubaria

Magdy Youssef, Acting Head of the New Nubaria City Development Authority, inspects the second industrial zone in the city, accompanied by the agency officials, to follow up on the projects underway in the area, Invest-Gate reports.

Egypt’s Central Bank Cuts Interest Rates by 0.5%

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) has decided on November 15 to cut the overnight deposit rate, overnight lending rate, and the rate of the main operation by 0.5% (50 bps) to reach 8.25%, 9.25%, and 8.75%, respectively Ahram-Online reports.

NAC’s Iconic Tower Now Stands 240 Meters High: Minister

Egypt’s Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has revealed that 49 stories of the 80-story Iconic Tower in the New Administrative Capital (NAC) have been built so far, thereby standing at 240 meters high.

Great Transfiguration Project in Saint Catherine Underway

Khaled Abbas, Deputy Minister of Housing for National Projects, has stated that the National Committee is studying the implementation of the Great Transfiguration Project in Saint Catherine, Invest-Gate reports.

Housing Minister Tours NAC’s Latest Developments

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has toured the Capital Central Park and Central Business District (CBD) projects in the New Administrative Capital (NAC) to stay abreast of new developments on site.

NUCA VP Inspects Projects in New 6th of October City

Abdulmutallab Mamdouh, NUCA Vice President, inspects underway projects in New 6th of October City, accompanied by Adel Al-Nagar, Head of the City Authority, along with officials of the agency, Invest-Gate reports.

Reconciliation Period for Building Violations Extended Another Month

Egypt's Cabinet has issued a decree to extend the deadline to receive reconciliation requests for building violations for another month, to end next November.

Official Inspects Projects Underway in New Alamein

New Urban Communities Authority (NUCA) Deputy Head of Development of New Cities Alaa Abdel Aziz has inspected some ongoing projects in New Alamein, accompanied by Head of New Alamein Authority Osama Abdel Ghani, along with other ministerial officials.

Egypt’s Stock Market Resumes Trading on CIB Shares

Egypt’s Stock Exchange has resumed trading Commercial International Bank (CIB) shares on October 25 after suspending it on October 23 at the request of the Financial Regulatory Authority (FRA)

Gov’t Reviews Using Artificial Turf in Landscaping Works in New Cities

Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities, and Ashraf Sobhi, Minister of Youth and Sports, along with Mohamed Ahmed Morsi, Minister of State for Military Production review the possibility of using synthetic grass in the landscape of the new cities, Invest-gate reports.

Page 113 of 248

Popular Tags

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password