Egypt's foreign reserves have increased to USD 38.425 bn at the end of September 2020 from USD 38.366 bn at the end of August, the Central Bank of Egypt (CBE) announced on October 7.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has met with several ministerial officials to follow up on the handing over of land plots in the "Beit El Watan" project, which is being developed to cater to Egyptian expats.
Prime Minister Mostafa Madbouly had held a meeting to follow up on the training of employees nominated to move to the New Administrative Capital (NAC).
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has followed up on the implementation of social housing units across several governorates and new cities.
Chairman of Industrial Development Authority (IDA) Mohamed Zalat has unveiled plans for the establishment of 13 high-quality industrial zones across Egypt for entrepreneurs and small investors.
The Financial Regulatory Authority (FRA) has signed off on allowing Egypt-based mortgage finance companies to lend up to 15% of their capital base to an individual household, instead of 10% earlier.
New Urban Communities Authority Communities’ (NUCA) Vice President Kamal Bahgat has followed up on the progress of ongoing projects in October Gardens, west Cairo.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has stated that the 6th of October City Development Authority will start handing over the most distinguished residential plots in the ninth district of the urban area.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced the extension of working hours to 5 pm in the technological centers across new cities.
Abdul Raouf El Gheity, head of the Shorouk City Authority, confirms receiving 1,800 reconciliation requests.
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