News / Government

Cabinet Debuts Its Meetings in New Alamein

Egypt's cabinet, headed by Prime Minister Mostafa Madbouly, held on July 25 its weekly meeting at the new headquarters located in New Alamein for the first time

Real Estate Taxes to be Automated

Egypt's finance and military production ministries signed on July 17 a cooperation protocol to automate the country's real estate taxes, coming as part of the state's plan to attain financial inclusion through the automation of all payments

Committee to be Formed to Execute Golden Triangle Project: PM

Prime Minister Mostafa Madbouly has mandated the creation of a technical committee to plan for implementing Red Sea's Golden Triangle Development Project, using studies prepared by Italian consulting firm D’Appolonia

DLD Rolls Out Online Property Buying Calculator

Dubai Land Department (DLD) rolled out on July 22 Manzili (My Home) Calculator, an online tool that matches prospective buyers to new and off-plan properties that fit their solvency, based on their income and projected savings

Gov’t Extracts 97% of Rubble in Maspero Triangle

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar held a meeting on July 17 to follow up on progress made with regards to Maspero Triangle Development Project, whereas 97% of rubble were extracted off-site.

ACUD Starts Competition to Select New Name, Logo for NAC

The Administrative Capital for Urban Development (ACUD), the master developer of the New Administrative Capital (NAC), announced on July 17 the commencement of a public competition to select a new name and logo for the new capital.

El Gazzar Visits CED’s Headquarters to Follow Up on Latest Projects

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar paid a visit on July 16 to City Edge Developments' (CED) headquarters in Sheikh Zayed, west Cairo, to follow up on the company’s latest projects in Egypt.

ACUD Says 22 Foreign Embassies Requested Moving to NAC

The Administrative Capital for Urban Development (ACUD) has received 22 requests from foreign embassies in Egypt to acquire lands in the New Administrative Capital (NAC), east Cairo.

Six Provinces to See EGP 113.3 mn Infrastructure Development Projects

Prime Minister Mostafa Madbouly has witnessed the signing of six agreements for implementing multiple labor-intensive infrastructure projects, aimed at developing six different provinces across Egypt, with investments amounted at EGP 113.3 mn.

Gov’t to Offer Over 9,834 Housing Units in Port Said, Damietta

The board of directors of Social Housing and Mortgage Finance Fund has approved offering more than 9,834 residential units in Port Said and Damietta provinces, with areas varying between 105 and 120 square meters, as part of the state's efforts to provide a plethora of both social housing and investment units.

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