Egypt Cuts Customs Exchange Rate to EGP 16.25

• Monday, 31st July 2017
• by Menna A. Farouk

Egypt is to lower its customs exchange rate to EGP 16.25 from EGP 16.50 for one month starting August 1, Reuters reports.

New Housing Project “Sakan” to be Open to Applicants on August 18

• Monday, 31st July 2017
• by Menna A. Farouk

The government is to allow citizens to apply for obtaining residential units in the premium housing project "Sakan" on August 18, Invest-Gate reports.

New Opera Built in New Administrative Capital

• Thursday, 27th July 2017
• by Yasmin El-Beih

The New Administrative Capital will encompass integrated cultural centers, ONA News Agency reports.

Egypt to Establish Economic Zone of Golden Triangle

• Tuesday, 25th July 2017
• by Menna A. Farouk

Egypt will establish an economic zone in the Golden Triangle area spanning along the cities of Safa and Quseir at its base with the Upper Egyptian city of Qena at the top, Invest-Gate reports.

Gov’t Offers New Units for EGP 184,000

• Monday, 24th July 2017
• by Menna A. Farouk

The government is releasing new housing units for sale, Invest-Gate reports.

Egypt Launches New Online Service to Establish Companies

• Thursday, 20th July 2017
• by Menna A. Farouk

The Egyptian government is launching an online service dubbed ''Establish on Your Own'', enabling investors to establish their companies online through the websites of the Ministry of Investment and International Cooperation and the General Authority for Investments, Invest-Gate reports.

EgyptAir Operates flights to El-Alamein Starting Today

• Thursday, 20th July 2017
• by Menna A. Farouk

EgyptAir, the national air carrier, will operate weekly flights from Cairo to El-Alamein Airport as of July 20, Invest-Gate reports.

Gov’t to Allocate 40,000 Units in Six Cities

• Thursday, 20th July 2017
• by Menna A. Farouk

The government is to hold a lottery for new housing units as part of its new housing project Sakan Misr, Invest-Gate reports.

Egypt to Fund EGP 64 bn in Housing Development in 2017/18

• Tuesday, 18th July 2017
• by Menna A. Farouk

The Egyptian government is to pump investments worth EGP 64 bn to develop housing communities and public facilities as part of its development program for the fiscal year 2017/18, Invest-Gate reports.

New Qena Sees Completion of New Housing Units

• Tuesday, 18th July 2017
• by Menna A. Farouk

The government is finalizing new social housing units in New Qena, Invest-Gate reports.