News / Government

Prime Minister Follows Up on Administrative Capital Company’s Projects and Investments

Prime Minister Dr. Mostafa Madbouly chaired a meeting today to review updates related to the Administrative Capital for Urban Development (ACUD), in the presence of Finance Minister Mr. Ahmed Kouchouk; ACUD Chairman and Managing Director Eng. Khaled Abbas; First Assistant to the Finance Minister Mr. Khaled Nofal; Assistant Minister for the State Budget Mr. Ali El-Sisi; and Mr. Walid Abdallah, Head of the General Budget Sector at the Ministry of Finance, Invest-Gate reports.

EGX Launches Low-Volatility Index EGX35-LV

The Egyptian Exchange (EGX) launched a new index, EGX35-LV, on 1 August 2025, as part of its strategy to enhance market effectiveness, diversify tools for investors, and improve the investment climate for both local and foreign players, Invest-Gate reports.

With the Participation of Engineering Syndicates from 18 Arab Countries, Egypt’s Housing Ministry Advances Arab Cooperation in Real Estate Export

Egypt’s Ministry of Housing, Utilities, and Urban Communities is strengthening Arab cooperation in real estate development, as Minister Sherif El Sherbini witnessed the signing of a cooperation protocol between the New Urban Communities Authority (NUCA) and Federation of Arab Engineers, Invest-Gate reports.

Housing Minister Announces New Batch of “Sakan Misr” Units to Be Delivered in New Cairo Starting August 5

Minister of Housing, Utilities and Urban Communities Sherif El Sherbini announced that a new batch of units from the “Sakan Misr” project at Ard Al Maared – Zone Two in New Cairo will be delivered from Tuesday, 5 August 2025, until Tuesday, 26 August 2025, in accordance with the schedule issued by the New Cairo City Authority, Invest-Gate reports.

Prime Minister Follows Up on Progress of “Decent Life” Presidential Initiative Projects

Prime Minister Dr. Mostafa Madbouly chaired a meeting at the government headquarters in New Alamein City to review the latest progress of the “Decent Life” presidential initiative, Invest-Gate reports.

Housing Minister Follows Up on National Green and Sustainable Urban Development Strategy

Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities held a meeting to review progress on Egypt’s National Strategy for Green and Sustainable Urban Development and the steps toward its implementation, Invest-Gate reports.

Record Leap in Foreign Real Estate Purchases in Egypt During Q1 2025

According to data from the Central Bank of Egypt, the foreign purchases of real estate in Egypt recorded a historic surge of 186% during the first quarter of this year compared to the same period last year, reaching approximately $868 million, Invest-Gate reports.

Prime Minister Reviews Progress of Ras El Hekma and Shams El Hekma Developments in North Coast Visit

Prime Minister Dr. Mostafa Madbouly held a meeting on Sunday during his tour of the North Western Coast to follow up on the implementation of Ras El Hekma New City and Shams El Hekma City, Invest-Gate reports.

Egypt Celebrates National Day at Expo 2025 Osaka

Egypt marked its National Day at Expo 2025 Osaka with an official celebration led by H.E. Eng. Hassan El Khatib, Minister of Investment and Foreign Trade, Invest-Gate reports.

Egypt Imposes Up to EGP 1,000 per sqm in Fees on North Coast Partnership Projects

Egypt’s New Urban Communities Authority (NUCA), affiliated with the Ministry of Housing, Utilities and Urban Communities, has introduced new development fees on real estate and tourism projects in the North Coast that are implemented through partnership models between multiple entities. The fees will reach up to EGP 1,000 per sqm depending on the location of the project, Invest-Gate reports.

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