News / Government

President Sisi Approves FY 2019/20 Budget: Official Gazette

The Egyptian official gazette has officially released that President Abdel-Fattah El-Sisi ratified the FY 2019/20 state budget, effective as of July.

New Damietta Sees Delivery of Over 3,716 Dar Misr Units: Official

Head of New Damietta Development Authority Mohamed Ragab said 2,616 and 1,100 residential units were handed over to beneficiaries at phase I and phase II of Dar Misr middle-income housing project, respectively, with more deliveries ongoing

Gov’t to Deliver 288 Dar Misr Units in October Gardens Mid-July

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar announced on June 27 that 288 housing units, within 12 buildings, at the first phase of Dar Misr middle-income project in October Gardens, west Cairo, will be delivered to recipients starting July 18.

El Gazzar Says 4,704 Units at New Mansoura’s Sakan Misr 82% Done

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 4,704 housing units, spreading across 196 separate buildings, are 82% done at New Mansoura's Sakan Misr middle-income project

Egypt Approves Largest-Ever State Budget

Egypt’s parliament approved on June 24 the FY 2019/20 budget starting in July, with spending set at EGP 1.6 trn, up EGP 150 bn from the current fiscal year, marking the biggest state budget in the country's history.

Marina Alamein Deploys New Identity Security Measures: Official

The North Coast's Marina Alamein Tourist Center, headed by Former Tourism Minister Hisham Zaazou, has begun taking serious measures against forgers of the resort's access IDs, aiming to put an end to frauds committed on identities of owners and guests

NUCA to Deliver 1,042 Housing Units in East Cairo

The New Urban Communities Authority (NUCA) will offer 1,042 fully-finished housing units in the R3 residential district of the New Administrative Capital (NAC) and Shorouk City's Sakan Misr middle-class housing project.

NUCA Allocates 5 Lands for Development Projects in West Cairo

New Urban Communities Authority’s (NUCA) board of directors has allocated five land plots for the development of various projects in 6th of October City, west Cairo, with payments to be made in dollars via bank transfers overseas.

Concrete Structures of New Alamein Int’l University 80% Done: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said four engineering faculties are set to start running in the next academic year at New Alamein International University for Sciences and Technology in the North Coast, with concrete structures 80% done.

PPP Act Amendments Passed to State Council for Review

Egypt's finance ministry has finalized proposed amendments to few provisions of the public-private partnership (PPP) act, which were already ratified by the cabinet and passed to the State Council for legal review, attempting to streamline procedures in this regard

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