News / Government

Egypt, InterContinental Hotels Groups Sign Deal to Manage 100 Tourist Rooms at New Alamein

Housing Minster Mostafa Madbouly held a meeting with Pascal Goven, chief executive officer of InterContinental Hotels and Resorts in India, Middle East and Africa (IHG) on Monday, agreeing to sign a cooperation protocol which will allow InterContinental, Holiday Inn and Stay Bridge Suites Cairo-Citystars to manage 100 tourist rooms in New Alamein city

Egypt’s Housing Ministry Sets Up “Sheikh Zayed Youth Street” Project

Housing Minister Mostafa Madbouly has announced his ministry’s plan to set up the "Sheikh Zayed Youth Street" project, one of the ministry’s development projects in the satellite city of Sheikh Zayed

Housing Units Under Construction for Residents of Unsafe Areas in South Sinai

The Slum Development Fund (SDF), affiliated with the ministry of housing, has nearly completed building 496 housing units in Sharm El Sheikh’s Ruwaisat area and has started to establish 624 others, as a second phase of the area’s development project

Gov’t to Deliver New Units in Dar Misr Phase 1

Egypt’s Ministry of Housing will start on February 25 delivering 10 residential buildings in the first phase of Dar Misr housing project in Obour City

Central Bank of Egypt cuts interest rates by 100 basis points

Egypt cut interest rates by 100 basis points for the first time since the currency floatation back in November 2016, Egypt’s Central Bank (CBE) said on Thursday

Egypt Launches Its First Electric Vehicle Charging Station

Egypt launched its first electric vehicle (EV) charging unit by the Revolta Egypt Company in the presence of the Egyptian Minister of Trade and Industry Tarek Kabil

Egypt’s Health Ministry Plans Medical City at New Administrative Capital

The medical city will comprise three hospitals, each one of them will be built on an area of 20,000 square meter and will contain 300 beds

Gov’t Finalizing 4,900 Units in Al Mahrousa 1, 2

The Ministry of Housing has started the finishing  works on 4,900 units in Al Mahrousa 1 and 2 housing projects in El Nahda City

Egypt to Set up the First Hydropower Plant in the Region

haker told Daily News Egypt in an interview that the plant will have eight units at a capacity of 300 megawatt each, generating around 2,400 megawatt in total, and utilizing the pumped-storage hydropower (PSH) technology

Egypt, AfDB Ink USD 150 mn Deal to Revamp Abu Rawash Wastewater Plant

Egypt and the African Development Bank Group (AfDB) signed a USD 150 mn agreement on Tuesday to boost the efficiency of the Abu Rawash wastewater treatment plant

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