News / Government

Gov’t Offers Industrial, Tourism Firms Real Estate Tax Relief

Egypt's Cabinet, headed by Prime Minister Mostafa Madbouly, decided to grant real estate tax relief for all businesses operating in the industrial and tourism sectors for a time period of three months, Invest-Gate reports.

Egypt’s New Cities Authorities Take Precautionary Measures

The Minister of Housing, Utilities, and Urban Communities Assem El Gazzar confirms that all authorities are currently taking the necessary measures to safeguard their employees from COVID-19, Invest-Gate reports.

Water Installation Requests in New Cairo Go Digital

In light of the latest precautionary measures taken by the government, New Cairo City Authority provides digital solutions to all residents requesting water pipes installation

New Fayoum City Health Unit Inspected Prior to Official Launch

Head of New Fayoum City Abdel Wahab Semeda inspects the newly established health unit at New Fayyoum's third district in preparation for its official inauguration

Egypt Issues New Incentives In Time Of COVID-19

Amid COVID-19 development in the country, Egypt has issued new incentives to boost economy, including property tax, stock exchange, stock transactions, export subsidy of EGP 1bn and power prices.

Egypt Allocates EGP 100 bn to Combat COVID-19

President Abdel-Fattah El-Sisi instructed the government on March 14 to allocate EGP 100 bn (USD 6.4 bn) to support all the precautionary measures to be taken to combat the coronavirus disease (COVID-19)

NAC’s First Skyscraper Skeleton Construction Finished

Construction skeleton of the 'CO3' skyscraper, the first skyscraper at the Central Business District at the New Administrative Capital, is finished

CBE Cuts Interest Rates by 3%

The Central Bank of Egypt (CBE) said its Monetary Policy Committee (MPC) decided in an unscheduled meeting on March 16 to cut interest rates by 300 basis points.

Minya Water Utility Company Expands Water & Sewage Connections Across Several Areas

Minister of Housing, Utilities and Urban Communities Assem El Gazzar declares over a- EGP 7 mn- expnansion plan for water and sewage pipe connections across several districts in the governorate of Minya within the framework of the 'Haya Kareema' (Decent Life) Initiative launched by President Abdel Fattah El-Sisi to support families most in need, Invest-Gate reports.

Sadat City, New Damietta City Authorities Raise COVID-19 Awareness Campaign

New Damietta City Authority along with Sadat City Authority are to hold a number of workshops for employees about precautionary measures to combat COVID-19 as part of its just-launched COVID-19 Awareness Campaign, Invest-Gate reports.

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