News / Government

Egypt Shortens Nationwide Curfew During Ramadan

Prime Minister Mostafa Madbouly has announced that the country's nationwide curfew will be shortened by one hour to begin at 9 pm each day.

Housing Minister Follows up on Sanitation Projects in Rural Areas

 Minister of Housing, Utilities, and Urban Communities Assem El Gazzar followed up on the projects that are part of the Sustainable Rural Sanitation Services Program (SRSSP) Program for Results (P for R)

Saudi Real Estate Refinance Predicts Temporary Mortgage Slowdown

Saudi Real Estate Refinance Company (SRC) has expected a temporary slowdown in the mortgage market over the next few months due to the new coronavirus, Reuters reports.

Works Underway to Upgrade El Wahat Road: Official

The New Urban Communities Authority (NUCA) Assistant Vice President Kamal Bahgat followed up on upgrade works at El Wahat Road in the 6th of October City

Steel Beams Installed for El Zomor-Haram Axis Bridge: Minister

Minister of Housing, Utilities and Urban Communities Assem El Gazzar said that steel beams for the axis bridge at the intersection of El Zomor Canal Axis and Haram Street are installed

Development Projects Are Underway in New Cities: El Gazzar

The Minister of Housing, Utilities and Urban Communities Assem El Gazzar asserted that development projects in new cities are underway in a bid to consistently implement the National Strategic Plan for Urban Development 2052, Invest-Gate reports.

Moody’s Keeps Egypt’s Credit Rating At B2

The credit profile of Egypt rating at B2 is supported by A3 economic strength according to Moody’s report, as reported by Ahram Online.

Reservation for 1,359 Units in JANNA Across 6 New Cities Opens

Reservation for 1,359 housing units in JANNA project across six new cities (6th of October, Sheikh Zayed, New Cairo, New Mansoura, New Damietta, Al-Shorouk) is now open.

250k New Social Housing Units To Be Built

Minister of Housing, Utilities and Urban Communities Assem El Gazzar discusses the implementation of 250,000 new social housing units across different governorates and new cities, Invest-Gate reports.

Housing Minister Follows up on Mountain View’s Projects

Minister of Housing, Utilities and Urban Communities Assem El Gazzar met with officials from Mountain View Real Estate and Urban Development Company, to follow-up on the precautionary measures the company took to protect workers on work sites from the coronavirus (COVID-19), Invest-Gate reports.

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