News / Government

Egypt to Develop 22500 Acres in South Sinai for Tourism

Egypt is planning to develop 22,500-acres in Tur Sinai,  Minister of Housing Mostafa Madbouly announced on Thursday during his meeting with Minister of Tourism Rania Al-Mashat and the head of Tourism Development Authority (TDA)  to discuss projects included in the recently-announced Sinai Development Strategy

Housing Ministry to Hold Public Draw for 600 Units in New Cairo

Deputy Housing Minister Nafisa Hashem, announced that the public draw for 600 residential units, 112 and 120 square meter, in a governmental project in New Cairo’s Third Settlement will be held on April 1 at Borg El-Arab Stadium

Madbouly to inaugurate Cityscape Egypt 2018

Housing Minister Mostafa Madbouly to inaugurate the seventh edition of Cityscape Egypt 2018 tomorrow March 28, 2018.

Egypt to Award Mediterranean High Speed Railway Tender in July

Egypt plans to award the tender for a high-speed railway between the Red Sea and the Mediterranean in the second half of 2018, transport minister Hisham Arafat said Monday

Saudi Arabia Expected to Take 35% Stake in Saudi Bin Laden Group: Reuters

The stake represents the total shares of SBG’s Chairman Bakr Bin Laden and his brothers Saleh and Saad, whom were all detained in an anti-corruption crackdown in November alongside numerous businessmen, officials and princes

Egypt Receives Third, Final USD 1.15 bn of World Bank’s USD 3.15 bn Loan

The bank’s board of executive directors had approved the disbursal in December, to conclude a series of three annual loans issued by the bank to Egypt between 2015 and 2017, in efforts to support the country’s economic reform program

Gov’t to Deliver 456 Units in Dar Misr Phase 1 in Sadat, Obour Cities

Minister of Housing Mostafa Madbouly announced that 360 and 96 housing units are ready to be delivered in the first phase of the middle-income project “Dar Misr” in Sadat and Obour Cities respectively

Gov’t Delivers 192 Units in Dar Misr I in New Damietta

Minister of Housing Mostafa Madbouly announced that the New Damietta City Authority (NDCA) began on March 6 the delivery of 192 housing units in the first phase of the middle-income project "Dar Misr"

Egypt’s Sisi Inaugurates New Al-Alamein City

President Abdel-Fattah El-Sisi inaugurated the New Al-Alamein City project, one of the fourth generation cities being built in Egypt, on March 1

Gov’t Sets EGP 481.7 mn to Develop Unsafe Areas in Port Said

The Informal Settlements Development Fund (ISDF), affiliated to the Housing Ministry, is developing five unsafe slum areas in Port Said governorate

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