News / Government

Madbouly Discusses Further Investment Plans With Developers

Prime Minister Mostafa Madbouly, who is also serving as the Minister of Housing, Utilities, and Urban Development has met with a number of Egyptian investors and developers to discuss future plans for promoting Egyptian real estate abroad

Tourist Walkaway Built in Marina El Alamein

Hatem Mohamed Hassan, Head of Tourist Villages Authority, has revealed that a new tourist walkway has been finalized in Marina El Alamein

CBE Keeps Key Interest Rates Unchanged

The Central Bank of Egypt (CBE) decided to fix key interest rates at its Monetary Policy Committee's (MPC) meeting on June 28

Housing Ministry to Offer 120,000 Units for Reservation

Prime Minister Mostafa Madbouly has revealed that the Housing Ministry is planning to offer 120,000 units for reservation as a part of the social housing project

French Investments in Egypt Surpass EUR 4 bn: Nasr

Sahar Nasr, Minister of Investment and International Cooperation, has affirmed that France is one of the largest investors in Egypt as there are more than 160  French companies operating in the country with a total investment of over EUR 4 bn

Grand Egyptian Museum to be Finalized in 2 Weeks: PM

Prime Minister Mostafa Madbouly has announced that the construction works at the Grand Egyptian Museum will be finalized within two weeks

Entertainment Complex to Open in New Al-Alamein Soon

Khaled Abbas, Deputy Minister of Housing for National Projects, has revealed that a new entertainment complex is set to open in New Al-Alamein City this year

Egypt’s Budget Deficit Records EGP 259 bn in 8M

Egypt’s Ministry of Finance (MoF) announced that the state’s budget deficit has surged by 14.2% year-on-year (Y-o-Y) in the first eight months of FY 2017-18

Egypt Inaugurates Investment Pavilion in Russia’s Fan Zone

The Ministry of Investment and International Cooperation (MIIC) has inaugurated on Monday, June 18, Egypt's pavilion in the Fan Zone in Russia's St. Petersburg to promote for Egypt's investment map

Egypt Parliament Approves Financial Leasing, Factoring Law

Egypt's parliament has approved on Saturday, June 23, a financial leasing and factoring bill in a general session headed by Parliament Speaker Ali Abdel Aal, in the presence of Minister of Investment and International Cooperation Sahar Nasr

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