News / Government

Sisi Tours Some Development Projects at El Galala City

President Abdel-Fattah El-Sisi has embarked on an inspection tour of a number of mega development projects being implemented at El Galala City in the northeastern governorate of Suez, Ain Sokhna

Development Projects Worth EGP 27.2 bn Implemented in Q1 2018/19: Minister

Egypt's Planning Minister Hala El-Saeed has unveiled that 490 development projects were implemented in the state's distinct sectors during Q1 of FY 2018/19, at a total cost of EGP 27.2 bn

Exclusive: Residency-for-Property Decree Officially Issued

Deputy Minister of Housing for National Projects Khaled Abbas says in an exclusive statement to Invest-Gate that the residency-for-property ministerial decree has been officially issued and approved by Passports, Emigration & Nationality Administration, and the Ministry of Interior.

Sisi Inaugurates Al Mahrousa 1 in El Salam City

Egyptian President Abdel-Fattah El-Sisi inaugurated on December 15 a social housing project in El-Salam City, Al Mahrousa 1

ACUD Receives Former Ethiopian Prime Minister, AIIB Delegation

The Administrative Capital for Urban Development (ACUD) welcomed on December 12 the former Prime Minister of Ethiopia Haile Meriam Desaline to introduce him to one of the most important development projects in Egypt, the New Administrative Capital (NAC)

NAC’s 1st Phase is 70% Sold Out: Spokesman

Official Spokesman for the New Administrative Capital (NAC) Khaled Elhusseiny said on December 11 that 70% of the land area in the new capital's first phase - a total of 17,000 acres - has been sold out

Gov’t to Deliver 360 Dar Misr Units in El Shorouk City

360 middle-income residential units are ready for delivery in the first two phases of Dar Misr project at El Shorouk City

November Inflation Logs Biggest Drop Since 2015

Egypt's annual headline inflation rate declined in November, logging the steepest fall in three and a half years that has reversed an upward trend and recorded 15.7% from 17.7% in October, according to state statistics agency CAPMAS, the first decline after it soared steadily in August on the back of subsidy cuts

Madbouly Orders Establishing Transport Regulation Unit for New Cities

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has issued a ministerial decree for the establishment of a unit to organize the new cities' transport networks

Egypt Increases Urban Areas for Growing Population: Official

Tarek Shoukri, head of the Real Estate Development Chamber affiliated to the Federation of Egyptian Industries (FEI), said Egypt is witnessing the implementation of a massive volume of development projects to increase the number of urban areas, and thus, accommodate the ongoing population leap

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