News / Government

WB Plans to Disburse 3rd Tranche of Loan by Dec

The World Bank (WB) is planning to provide Egypt with the third tranche of its USD 3 bn loan program by December, Invest-Gate reports.

Egyptian Slums to be Replaced with 180,000 Homes

Approximately 180,000 housing units will be finalized by 2018 and offered to the residents of unsafe slum areas nationwide, Invest-Gate reports.

El Sisi Appoints Mohab Mamish as New Chief of SCZone for One Year

President Abdel Fattah El Sisi appoints Mohab Mamish as new chairman of the General Authority of the Suez Canal Economic Zone (SCZone) for one year, Invest-Gate reports.

EU Honors Egyptian Projects on Water Conservation

The European Union has shortlisted three Egyptian teams who presented three projects during the final ceremony of the "National Youth Competition for the Development of a Water Conservation Public Awareness Campaign" on April 27.

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.

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