News / Government

Gov’t to Deliver More Lands in June

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has announced the delivery dates of pre-reserved lands in Al Sadat City

Reservations of Units in New Capital’s R3 Project Starts Soon

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has revealed that the ministry will begin offering phase one of their project R3, located in the New Administrative Capital

Egypt to Build Three New Closed Stadiums For Handball World Cup in 2021

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly meets with Minister of Youth and Sports Khaled Abdel Aziz to review the final action plan for building new closed stadiums that will host the Handball World Cup on 2021

Dubai Introduces Smart-Digitized Real Estate Platform

As part of its contribution to the Dubai 10X initiative, Dubai Land Department (DLD) unveils its ‘smart’ digitized real estate platform designed for conducting real estate trading and transactions with multiple parties through a paperless system.

Madbouly Pays Construction Sites in 6th of October City A Visit

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly visits the ongoing construction sites in 6th of October City near Ebny Beitak project among others

NUCA Reveals Implementation of 35 Projects in Egypt’s New Cities

The New Urban Communities Authority (NUCA) reveals that its planning and projects sector is progressing around 35 construction, service, and investment projects on a total area of 5,700 acres in 12 new cities to lure investments and open up new horizons for new cities’ development.

UAE Announces Foreign Ownership, Visa Reforms to Lure Investors

The UAE cabinet revealed on Sunday, May 20, plans to allow 100% ownership and visa incentives to foreigners by year-end, in a bid to attract investors to boost its slowing national economy

IMF, Egypt Reach Staff-Level Agreement on Next Loan Disbursement

The International Monetary Fund (IMF) staff team and the Egyptian officials have reached a staff-level agreement on the third review of Egypt’s economic reform program

CBE Keeps Interest Rates Unchanged

The Central Bank of Egypt (CBE) decided to keep the overnight deposit interest rates unchanged at 16.75% and to also maintain the overnight lending rate at 17.75% in a meeting on Thursday, May 17

Egypt’s Annual Urban Consumer Price Inflation Falls in April

Egypt’s annual consumer price inflation has decreased in April 2018

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