News / Government

Egypt’s Housing Minister Visits Tanzania’s Julius Nyerere Hydroelectric Dam and Station

Sherif El Sherbini, Egypt’s Minister of Housing, Utilities, and Urban Communities, visited the Julius Nyerere Hydroelectric Dam and Station site, Invest-Gate reports.

Minister of Housing Confirms New Developments Underway in New Sohag City

Egypt’s Minister of Housing, Utilities, and Urban Communities Sherif El Sherbini has confirmed the progress in infrastructure projects and service developments in New Sohag City’s expansion area, Invest-Gate reports.

Housing Minister Monitors Implementation Progress of “Housing for All Egyptians” Presidential Initiative in Various Governorates, New Cities

Sherif El Sherbini, the Minister of Housing, Utilities, and Urban Communities, chaired his regular meeting to oversee the progress of implementing the units within the presidential initiative "Housing for All Egyptians" across various governorates and new cities, Invest-Gate reports.

Finance Minister Outlines 4 Key Operational Priorities in Current Financial Policy

Ahmed Kouchouk, Minister of Finance, outlined the focal points of the current financial policy, emphasizing four key and interrelated axes that encapsulate the ministry's operational priorities, Invest-Gate reports.

Housing Minister Announces Largest Offering of Immediate Delivery Residential Units in 15 New Cities

Minister of Housing, Utilities, and Urban Communities Sherif El Sherbini has announced the largest release of immediate delivery residential units, comprising 6,575 units across 15 new cities, Invest-Gate reports.

TOREC Developments Aims for EGP 9 Bn in Sales for NUCA with Saba Residence Project

TOREC Developments has unveiled an extensive expansion strategy for the Egyptian market in the upcoming period, serving as the development and marketing entity for the New Urban Communities Authority (NUCA), Invest-Gate reports.

SHMFF CEO Highlights Digital Transformation in Social Housing at Global Infrastructure Summit

Mai Abdel Hamid, CEO of the Social Housing and Mortgage Finance Fund (SHMFF), has participated in a high-level roundtable titled “A Future Vision for Advancing Regional Public Digital Infrastructure Agendas in a Global Context,” Invest-Gate reports.

Foreign Affairs Ministry Monitors Ongoing Preparations for Egypt’s Hosting of WUF12

The Egyptian Ministry of Foreign Affairs has convened a meeting to deliberate on arrangements for hosting the 12th session of the World Urban Forum (WUF12) in Cairo from November 4 to 8, 2024, Invest-Gate reports.

Housing Minister Appoints 3 Assistants to Vice Presidents of NUCA

Minister of Housing, Utilities, and Urban Communities Sherif El Sherbini has issued decisions appointing three assistants to the vice presidents of the New Urban Communities Authority (NUCA) for the development and urban development sector, as well as the real estate and commercial affairs sector, Invest-Gate reports.

These appointments aim to accelerate the progress of development projects undertaken by the Authority in its new cities nationwide.

The Minister's directives specify that Ahmed Ali Mohamed Hassan, Assistant Vice President of NUCA for Real Estate and Commercial Affairs, will take on the responsibilities of Assistant Vice President for the Development and Urban Development Sector, focusing on Electricity Affairs.

Additionally, Hassan will oversee matters concerning the House of Representatives, the Senate, and lead the Political Communication Committees. Abdel Wahab Mohamed Abbas Ahmed Mosli, currently serving as Head of the Central Administration for Commercial Affairs at NUCA (on secondment), will assume the role of Assistant Vice President for the Real Estate and Commercial Affairs Sector.

Moreover, Ihab Hassan Sadek El Marakby, a Senior Specialist holding the rank of Director General at Shorouk City Authority, will step into the position of Assistant Vice President for the Real Estate and Commercial Affairs Sector.

El Sherbini has also appointed Ashraf Fathy Mahmoud Abdel Razek, a senior figure within NUCA, to oversee the operations of New Minya, New Mallawi, New Fayoum, and New Fashn cities. His base of operations will be at the New Minya City Authority.

Egypt Gears Up to Host WUF12 in Full Cooperation with Ministries, Stakeholders

Manal Awad, Minister of Local Development, has confirmed that Egypt's preparations for hosting the 12th session of the World Urban Forum (WUF12) are progressing rapidly, Invest-Gate reports.

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