News / Government

Gov’t Forms Committee to Study Imposition of Beach Fees

The Egyptian government has decided to set up a legal committee, headed by the chairman of the Council of Ministers, to study the legal implications and determine a mechanism to collect the recently imposed fees on users of coastal beaches

Egypt Allots EGP 15.4 bn to Local Development in FY 2019/20

Egypt’s Planning Minister Hala El-Saeed said the government has allocated investments totaled at EGP 15.4 bn for the local development program in FY 2019/20.

Gov’t Scraps Monthly Customs Exchange Rate System

The Finance Ministry decided to revert to setting the monthly customs exchange rate on a daily basis according to FX rates announced by the Central Bank of Egypt (CBE)

Pyramids Renovation Project to Open in Q1 2020

Egypt is due to open its USD 500 mn Pyramids Renovation Project in Q1 2020, which will be managed and operated by Orascom Investment Holding (OIH), providing first-class facilities and recreational services on-site.

New Sohag to See 984 Social Housing Units Completed Soon

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 984 social housing units, within 41 buildings, are nearly completed in Egypt's southern city of New Sohag.

DPM Issues Legislation to Regulate Abu Dhabi’s Private Housing

The Department of Urban Planning and Municipalities (DPM) issued on August 29 a legislation to regulate the construction of private villas in Abu Dhabi, UAE.

Gov’t to Finalize 648 Social Housing Units in New Assuit

Egypt's housing ministry is on the verge to finalize 648 social housing units, within 27 buildings, in New Assiut, as part of the state's plan to provide affordable housing to low-income citizens.

Phase I of Hurghada Development Plan Done

Egypt's Red Sea resort of Hurghada is witnessing a comprehensive, three-phase development plan, with phase I newly completed as a prelude for agreeing on projects with the highest priority, in a way that will help boost tourism inflows all year round

Gov’t to Issue Booklet on Reconciliation in Building Violations Law

Egypt's housing ministry will soon issue a frequently asked questions (FAQs) booklet for inquiries on "reconciliation in building violations" law, which aims to codify building code infringements and legalize the status of violators' properties

Egypt Plans for New Museum in NAC

Egypt will soon open a new archaeological museum in the New Administrative Capital’s (NAC) cultural district in the upcoming months, adding up to the country’s growing museum collection

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