News / Government

Exemptions Booklet Released for Real Estate Taxpayers

The Egyptian Real Estate Tax Authority has published a booklet including the conditions for exempting privately owned houses from real estate taxes

Sisi Opens Sohag National Museum

President Abdel-Fattah El-Sisi inaugurated Sohag National Museum on Sunday, August 12, in the presence of Prime Minister Mostafa Madbouly, Minister of Antiquities Khaled al-Anani, and other senior state officials

Desalination Plant Installed for New Alamein Promenade

Mostafa Madbouly, Prime Minister and Minister of Housing, Utilities, and Urban Development, has revealed that Holding Company for Water and Waste Water in Marsa Matrouh completed the installation of a water desalination plant for New Alamein

Egypt’s Annual Headline Inflation Falls in July

The Central Bank of Egypt (CBE) has revealed that July’s annual headline inflation decreased by 1% compared to a month earlier, recording 13.9%

Development of Ras Gharib’s Slums Area To Be Finished Soon

Mostafa Madbouly, Prime Minister and Minister of Housing, Utilities, and Urban Development, has revealed that construction and finishing of units in the development project of slums area in Ras Gharib, Red Sea Governorate, will be completed soon

Housing Ministry, Informa Ink MoU to Promote Real Estate

The Ministry of Housing, Utilities and Urban Development has signed a memorandum of understanding (MoU) with Informa Exhibitions, organizer of the real estate exhibition Cityscape Global, on August 2 to market the Egyptian real estate

Egypt, China Sign Deal for Mega Projects in New Capital

Egypt and China have signed an agreement to implement and establish a number of mega projects in Egypt’s New Administrative Capital

NUCA to Assign Contracts For Six PPP Projects

The New Urban Communities Authority (NUCA) has agreed on assigning contracts for six new projects as part of the second phase of the public private partnership (PPP) projects

Trial Operation of Sheikh Zayed Garden Begins

Mostafa Madbouly, Prime Minister and Minister of Housing, Utilities, and Urban Development, has announced the beginning of the trial operation of the central garden in Sheikh Zayed city before opening it to the people

Novus Stanza No Longer to Develop Project in New Capital

Egypt’s Administrative Capital for Urban Development (ACUD) announces that Novus Stanza Properties has reportedly withdrawn its offer to develop and establish a residential project in the New Administrative Capital

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