News / Government

New Residential Plan to Demolish Cairo Slums

The Cairo governorate will launch 13 residential projects as part of a national plan to demolish slum areas in the capital, Invest-Gate reports.

Egypt Inaugurates Juhaina West on April 29

The government is to inaugurate Juhaina West village on April 29 as part of a joint initiative aimed at reconstructing the neediest villages, Invest-Gate reports.

Cairo Forms Committee To Improve Efficiency Of Environmental Monitoring Units In Neighborhoods

The Cairo governorate is forming a committee to start activating the role of environmental monitoring units in neighborhoods and to study the problems they face, exempting them from perfectly carrying out their duties, Invest-Gate reports.

Gov’t Opens Integrated Lab For Quality Assurance in New Aswan

The government is opening a new integrated laboratory to test and monitor the quality of roads in New Aswan city, Upper Egypt, Invest-Gate reports.

IMF delegation visits Cairo to Review Reform Program

An IMF delegation is now visiting Cairo to review the recent updates on the country’s economic  reform program as a preparation for providing the country with the second tranche of a USD 1.25-bn loan, Invest-Gate reports.

Prime Minister: New Investment Law to be Issued in May

A new investment law is expected to be issued in May as part of the country’s basket of economic reforms, Egynews reports.

Over 200,000 Homes completed nationwide over past two years

Approximately 212,000 residential units have been completed and 288,000 more units are currently under construction alongside a plan for an additional 100,000 units, Invest-Gate reports.

Arab Tourism Contributes by 36.3% to Egypt’s Tourism Industry

Arab tourism to Egypt accounts for 36.3% of the country’s tourism industry, Invest-Gate reports.

Gov’t Seeks to Salvage Fourteen Stalled Projects

The government is seeking to salvage fourteen projects worth EGP 4 bn which were stalled due to ministerial orders and lack of financing, Invest-Gate reports.

Egypt, Saudi Arabia Seek to Establish 8 Real Estate Projects in North Coast, Red Sea

The Saudi-Egyptian Business Council is mulling the establishment of eight real estate development projects in the North Coast and the Red Sea resort towns of Sharm El-Sheikh and Hurghada as President Abdel Fattah El Sisi is on an official visit to the Kingdom, Invest-Gate reports.

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