Egypt and Kuwait signed two financing deals worth over USD 1 bn to finance the second phase of the Sinai development program
Bahrain's Real Estate Regulatory Authority (RERA) launched on October 21 a new real estate valuation system to ensure greater protection to investors and other sectors including that of banking
Transport Minister Kamel El Wazir inaugurated on October 20 Cairo's Heliopolis metro station, the largest of its kind in the Middle East, as part of the country's plans to renovate and expand the capital's fastest means of transportation.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 1,016 factories are underway in 10th of Ramadan City, with investments estimated at EGP 3 bn.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar stated the construction progress at the 360-acre government district of the New Administrative Capital (NAC) has reached 20%
Egypt's housing ministry will extend lands of at least 75 acres each for potential real estate developers who are interested to take part in the development of social housing projects, exclusively to those with advanced expertise, financial solvency, and accumulation control.
The Ministry of Trade and Industry held the first meeting of the National Coordinating Committee to discuss Egypt’s participation in Expo 2020 Dubai
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said the volume of investments pumped into Shorouk City mark about EGP 3 bn, stressing that 4,416 social housing units have been finalized, with 2,905 delivered to beneficiaries.
Egypt’s annual headline inflation rate plummeted to 4.8% in September, compared to 7.5% a month ago, and remained almost stationary on a month-on-month basis, easing to its lowest hit since November 2012 and charting the path for additional key rate cuts.
West Qena is awaiting the finalization of 1,680 residential units, within 70 buildings, as part of Sakan Misr medium-income project by late June 2020, in the course of providing affordable housing to low-income citizens
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