News / Government

Abbas Visits NAC’s Capital Park, Reviews Work Progress

Deputy Minister of Housing, Utilities, and Urban Communities for National projects Khaled Abbas followed up on the implementation of the central park complex project, Capital Park, in the New Administrative Capital (NAC) in east Cairo

New Burj Al Arab Head Praises Work Progress at Several Factories

Essam Badawi, head of the New Burj Al Arab City Development Authority, praised the full-capacity production as well as all necessary measures taken to curb the virus, stressing the cooperation of all departments to overcome any obstacles that may face the work process

Egypt’s Suez Canal Achieves Higher Revenues

Egypt’s Suez Canal Authority Chairman Osama Rabie said the canal achieved a 2 % increase in its revenues to USD 1.907 bn during the first four months of 2020

Asphalt is Laid on Roads of 800-Acre Neighborhood: Official

Head of New October City Development Authority Adel El Naggar announced that asphalt is being laid on roads of the social housing project located in section D of the 800-acre neighborhood

Development Projects Underway in New Mansoura

Head of New Damietta Development Authority Mohamed Ragab followed up on projects being implemented in New Mansoura City

Saudi Arabia to Isolate Dammam Over Coronavirus

Saudi Arabia will isolate the industrial area of Dammam from May 3, preventing entry and exit until further notice, to curb the spread of the new coronavirus, state news agency SPA reports.

COVID-19 Affected 5 Sectors in Egypt: Al-Mashat

Minister of International Cooperation Rania Al-Mashat commented that the recent pandemic outbreak negatively affected five main sectors in Egypt, Invest-Gate reports.

NAC’s R3 Reaches 84% Implementation Rate: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar stated that the implementation rate of R3 in New Administrative Capital (NAC) reached 84%, Invest-Gate reports.

Badya Project is Underway in West Cairo: Official

Head of the New 6th of October City Development Authority Adel El Naggar highlighted the necessity to meet deadlines for implementing Badya residential project yet with high quality and efficiency

IMF Supports Egypt to Keep Economic Reform Program’s Gains

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva announced the fund's support for Egypt’s efforts to safeguard the achievements made by the economic reform program under the completed three-year Extended Fund Facility

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