EU Grants Egypt EGP 15M for Slums Development

• Tuesday, 24th May 2016
• by Invest Gate

The European Union has granted Egypt EGP 15 million for the development of small and medium-sized infrastructure projects targeting three areas in Greator Cairo.

2,568 Residential Units to be Offered in Madinaty and Rehab

• Monday, 23rd May 2016
• by Invest Gate

Moustafa Madbouly, Minister of Housing, Utilities, and Urban communities, announced the offering of 2,568 residential units in the suburbs of Madinaty and Rehab extension in new Cairo, reported Invest Gate.

Approval of Rent Scenario for Social Housing Project

• Saturday, 21st May 2016
• by Invest Gate

The Board of the Social Housing Fund has approved offering a portion of the social housing project for rent. The move is designed to aid citizens of provinces with extreme poverty, reported Invest Gate.

Extensive Campaign to Remove All Trespasses on Ismailia Road

• Sunday, 15th May 2016
• by Nadine Abou el Atta

The Ministry of Housing announced that all trespasses residing on the Ismailia Desert Road will be removed, reported Invest Gate.

NUCA Contracted 242 Companies to Implement First Phase of Social Housing Project

• Saturday, 14th May 2016
• by Nadine Abou el Atta

The New Urban Communities Authority (NUCA) hired 242 private companies to develop the first phase of the social housing project, according to Moustafa Ibrahim, a member of the housing and utilities sector’s central administration at the Ministry of Housing, reported Daily News Egypt.

Sisi Inaugurates Projects in Badr City

• Thursday, 12th May 2016
• by Nadine Abou el Atta

President Abdel Fattah El Sisi inaugurated 32 new projects in Badr City, located in north eastern Cairo. The projects will be carried out by Egypt’s Armed Forces Engineering Authority (AFEA), according to a government press release.

Egypt to offer 49 Million Square Meters of Land to Tourism Investors within Days

• Thursday, 12th May 2016
• by Nadine Abou el Atta

The Egyptian government will offer a total of 49 million square meters of land to investors in the upcoming days, said Serag El Din Saad, Head of Tourism Development Authority (TDA), in an interview with Daily News Egypt.

Egypt Signs EGP 3.2 B MoU with EBRD for Heliopolis Tram, Irrigation Upgrade

• Wednesday, 11th May 2016
• by Nadine Abou el Atta

The Ministry of International Cooperation of Egypt signed two Memoranda of Understandings (MoU) with the European Bank for Reconstruction and Development (EBRD), for the transport and water sector, reported Zawya.

SWA to Finalize Plans for 500 Acre Project

• Tuesday, 10th May 2016
• by Nadine Abou el Atta

SWA, an international landscape architecture company, will finish development plans for a 500-acre project in New Cairo in June before the project’s introduction to the market in final quarter of 2016, said Yasseen Mansour, Palm Hills Chairperson, to Daily News Egypt.

Egypt Establishes New Company to Manage the Administrative Capital

• Monday, 9th May 2016
• by Nadine Abou el Atta

A new company, Administrative Capital City for Urban Development, was founded to manage the proposed administrative capital city project, reported Invest Gate.