News / Government

Land Plots, Residential Units To Be Offered For Expats, April

The Ministry of Housing will offer land plots in nine new cities and residential units at Madinaty, Rehab, and the Dar Misr project for Egyptian expats next month, Invest-Gate reports.

Egypt Eyes Economic Growth Rate of 5.5-6%

The government is eyeing an economic growth rate of 5.5-6% in the coming years with its current economic policies and reform program, Invest-Gate reports.

Egypt Receives Second Tranche of WB Loan

The World Bank (WB) is disbursing Egypt USD 1 bn in financial assistance as a second tranche of its USD 3 bn loan program with the country, Invest-Gate reports.

Egypt to Build First Small-sized Industrial Zone in Suez Canal

Egypt plans to build the first complex for small-sized enterprises on an area of 60 feddans in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.

US Investors to Turn Administrative Capital Into Smart City

Several US tech companies are willing to contribute to turning the New Administrative Capital into a smart city, Invest-Gate reports.

WB funds USD 500 mn development program, Upper Egypt

The World Bank funds a USD 500 mn developmental project in Upper Egypt to improve the living standards in the southern governorates of Sohag and Qena, Invest-Gate reports.

Egypt and Lebanon Sign 15 Deals To Bolster Economic Ties

Egypt and Lebanon sign 15 protocols of cooperation during the 8th session of the Egyptian-Lebanese Joint Higher Committee, which kick-starts on March 20, Invest-Gate reports.

Arish Displaced Families Relocate In 50 Flats, Ismailia

Displaced coptic families of Arish relocate to 50 fully- furnished and equipped flats in Ismailia

Debate Heats Up On Draft Law Of Old Rental System

A draft law on Egypt's old rental system is stirring heated debate among the country’s tenants and experts, Invest-Gate reports.

Applicants for Beit El-Watan Housing Project Receive Land Plots Sunday

Minister of Housing Mostafa Madbouly announces that applicants for a national housing project located in New Cairo are to receive their land plots on Sunday, Invest-Gate reports

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