News / Government

Qatar’s Top 10 Most Expensive Properties Sold in July 2023 Revealed

The latest real estate analytical bulletin issued by Qatar's Ministry of Justice has unveiled the values of the ten most expensive properties sold in Qatar in July, Invest-Gate reports.

Housing Minister Issues Decisions on Construction Violations in New Cities

The Egyptian Minister of Housing, Utilities and Urban Communities, Assem El-Gazzar, issued four decisions to prevent building violations on Al-Warraq Island, the northwest coast, and in the cities of Obour and Sadat, Invest-Gate reports.

Troubles Mount for Chinese Real Estate Giant as Debt Repayment Looms

Country Garden Real Estate Group announced it would suspend trading of 10 local bonds starting next Monday, just two days after its parent company revealed billions of dollars in losses for H1 2023, Invest-Gate reports.

Real Estate Sales in Oman Jump 18.9% in H1 2023

The total value of real estate transactions in Oman increased 18.9% in the first half (H1) of 2023 to OMR 1.40 bln from OMR 1.17 bln a year earlier, according to data from the National Centre for Statistics and Information.

Serving New Cairo and New Capital: Housing Minister Inspects Purification Plant

Egypt's Housing Minister Assem El-Gazzar inspected the drinking water purification plant in New Cairo, which has a design capacity of one mn cubic meters per day, Invest-Gate reports.

ACUD Posts EGP 19.8 Bn Profits Pretax in 2022

The Administrative Capital For Urban Development (ACUD) achieved a pre-tax profits of EGP 19.8 bn during 2022, which accounts for 100% of the company's issued capital, Invest-Gate reports.

El-Gazzar Inspects Progress on $2.9 Bn Tanzania’s Dam Project

Egypt's Housing Minister Assem El-Gazzar inspected progress on the $2.9 bn Julius Nyerere Hydropower Plant and Dam project in Tanzania being implemented by an Egyptian consortium, Invest-Gate reports.

Housing Minister Monitors Ongoing Projects in New Assiut City

Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities, is closely following up on the progress of various projects being implemented in the New Assiut City in Upper Egypt, Invest-Gate reports.

Prime Minister Monitors Investment Plans for “Abu Rawash” Zone in Giza

Mostafa Madbouly, the Prime Minister, met today to follow up on the investment plans for the "Abu Rawash" investment zone in Giza, Invest-Gate reports.

Cameroon Housing Minister Visits Egyptian Urban Projects

Cameroon's Minister of Housing and Urban Development Celestine Kecha and Cameroonian Ambassador Mohamadou Labarang visited development projects in Cairo including Maspero Triangle, Sur Magra El-Ayoun and Ain El-Sira Lake, Invest-Gate reports.

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