News / Government

A Plan in Progress for New Hurghada: Governor

Governor of Red Sea Governorate Ahmed Abdullah met representatives of leading Spanish companies on Tuesday, September 4, to discuss the available investment opportunities for establishing mega projects in the city

Sisi Signs USD 18.3 bn Agreements With Chinese Investors

President Abdel-Fattah El-Sisi has met a delegation of Chinese businessmen including owners of major companies on Sunday, September 3

Gov’t Invests EGP 9 bn in New Cairo’s JANNA, Sakan Misr

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has reviewed construction updates on Sakan Misr project for middle-class housing and JANNA luxury housing project

New Capital Phase I Will Be Completed “At Earliest Possible Time”: PM

Prime Minister and Minister of Housing, Utilities, and Urban Development has revealed that constructions of the first phase in the New Administrative Capital will be finished in the nearest possible time

Madbouly Reviews Updates on New Capital

Prime Minister and Minister of Housing, Utilities, and Urban Development, Mostafa Madbouly has visited the New Administrative Capital to view constructions updates in the city

Tourism, Finance Ministries Ink Deal on Property Taxes for Hotels

The ministries of tourism and finance have signed an agreement on the standards of real estate tax valuation of hotels

UAE Becomes 1st Country to Offer E-Mortgage Services

Abu Dhabi City Municipality (ADM) and Abu Dhabi Islamic Bank (ADIB) have collaborated to launch the first global digital mortgage certificate on August 26, making the UAE the first in the world to offer online real estate services through a smart services hub

Six Contractors to Build Latin Neighborhood in New Alamein

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly revealed that six contracting companies will build a neighborhood in New Alamein inspired by the ancient classic Alexandrian style

New Garden City to be Built in New Capital: Madbouly

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly revealed that the R5 district, to be named the New Garden City, will be built on an area of 1,000 acres in the New Administrative Capital

Egypt Aims to Attract USD 11 bn FDIs in FY 2018/19

Egypt’s Planning Minister Hala El-Saeed said on Wednesday, August 22, that the country aims to raise its foreign direct investments (FDIs) to USD 11 bn in FY 2018/19, up from USD 7.9 bn in the prior-year period

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