News / Government

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.

Prime Minister Monitors Progress of Ministries’ Relocation to New Capital

Mostafa Madbouly, the Prime Minister of Egypt, convened a meeting to track the developments in the relocation process of government ministries and entities to the New Administrative Capital, Invest-Gate reports.

Minister of Housing Follows Up on Land Regularization Requests in 3 Cities

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities held a meeting to follow up on the progress of infrastructure works and land regularization requests in the cities of the 6th of October, Sheikh Zayed, and New October, Invest-Gate reports.

Dubai Real Estate Prices Are More Attractive Than Major Global Cities

Dubai's real estate prices have witnessed remarkable increases recently, although they remain significantly lower than their counterparts in major global cities, Invest-Gate reports.

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