News / Government

Gov’t Implements Water, Sewage Projects Worth EGP 6.1 bn

Minister of Housing and Urban Development Mostafa Madbouly announces the operation and delivery of new water and sewage projects in 18 governorates, Invest-Gate reports.  

Housing Ministry Delivers 700 Units in El-Noubariya El-Gadida

The government is handing over new units in in El-Noubariya El-Gadida City in El Beheira governorate, Invest-Gate reports.

Gov’t Unveils Service Projects Worth EGP 182.8 mn

The Central Agency for Reconstruction is currently implementing new service projects as part of its plan for the fiscal year 2016/2017, following the completion of 13 projects in 12 governorates, Invest-Gate reports.  

RTA Extends Real Estate Tax Payment Period to End-June

The Real Estate Tax Authority (RTA) decides to extend the payment period of the real estate tax, Invest-Gate reports.

Egypt Eyes More Investments in Port Said

The Egyptian government is seeking additional investments in Port Said City, Invest-Gate reports.

Egypt to Establish 20,110 Units in 16 Cities by Year-End

The government is to complete the establishment of 20,110 residential housing units in 16 governorates by the end of this year, Invest-Gate reports.

NUCA, Canadian Transportation Firm ink MoU for Monorail Project

Egypt’s New Urban Communities Authority (NUCA) and Canadian aerospace and transportation company Bombardier Inc. sign a memorandum of understanding (MoU) for a monorail project, Invest-Gate reports.

Egypt Injects First Tranche of WB Loan into Developing Upper Egypt

Egypt is injecting the first tranche of the World Bank loan worth USD 125 mn into upgrading Upper Egypt in accordance with President Abdel Fattah El Sisi’s directives, Invest-Gate reports.

Gov’t Inks Three Agreements Worth EUR 203.5 mn with Germany

The government inks three agreements worth EUR 203.5 mn with Germany to boost cooperation in the areas of renewable energy, small-and medium enterprises as well as education, Invest-Gate reports.

ISDF Inks Deal Worth EGP 68.5 mn to Develop Slum in Ismailia

The government signs a cooperation agreement with the Informal Settlements Development Fund (ISDF) to develop Ismailia’s Ali Eid slum area at a total cost of EGP 68.5 mn, Invest-Gate reports.

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