News / Government

FRA Raises Mortgage Installment Limit to 50% of Income

FRA’s Chairman, Mohamed Farid, reiterates that the authority works continuously to provide solutions and suitable alternatives to elevate the efficiency and competitiveness of the non-banking financial markets, including mortgages.

Housing Ministry Implements 1,236 Residential Units in New Qena

Head of the New Qena Development Authority, Mostafa Sayed, notes that around 21 residential buildings including 504 units are completed.

GV Investments, GIG Egypt Pen MoU to Offer Insurance Services for Tarboul City

Chairman of GV Investment, Sherif Hamouda, states that the agreement comes in the context of securing all services for Tarboul city, including universal insurance.

Rowad 2030 Project Inks MoU with VictoryLink to Support Startups, Entrepreneurs

The MoU allows for cooperation between its parties for providing startups with Rowad Clinics’ integrated services, including technical support and different counseling and consultancy services.

Tanzanian President Greenlights 1st Fill of Julius Nyerere Dam’s Reservoir

The closure of the tunnel comes after the completion of the water-impounding works by a joint venture between Arab Contractors and Elsewedy Electric.

7th Arab Housing Conference Concludes with Various Outputs

Outputs also include rehabilitation of low-income homes and supporting health, education, and security to guarantee a better life for citizens, she adds.

El-Gazzar Arrives in Tanzania to Celebrate 1st Filling of Julius Nyerere Dam’s Reservoir

The minister reiterates that the Egyptian government participates in the celebration with the leadership and people of Tanzania.

El-Gazzar Leads Arab Counterparts in Visit to NAC

The visit comes as a part of the events of the second day of the 7th Arab Housing Conference “Towards Smart Sustainable Cities that Achieve Quality of Life”.

Linking of New Sphinx Axis to Cairo-Alexandria Desert Road is Underway

The minister stresses the significance of the Sphinx Axis for linking the Cairo Alexandria Desert Road, the El-Dabaa Road, and Middle Ring Road.

El-Gazzar Assumes Presidency of 39th CAMHR

El-Gazzar opens the 7th Arab Housing Conference “Towards Smart Sustainable Cities that Achieve Quality of Life” and the exhibition organized on the sidelines of the conference.

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