News / Government

3 Ministries Replace CBE’s Support for Financing Initiatives

The decree applies to the low-income mortgage initiative, the initiative supporting the tourism sector, the vehicles conversion initiative, the low- and middle-income mortgage initiative, and the modern irrigation methods initiative.

NUCA Supports EGP 1.1 Tn 4th Generation Cities Projects

The government contributes EGP 331 bn to these projects' total investments, creating around 200,000 direct jobs.

El-Gazzar Inspects Execution of 30k-Feddan Projects in New Sohag

Mostafa Harb, Head of the New Sohag Development Authority, notes that 42 buildings are under construction including 1,008 residential units and an area of 90 sqm per unit in the fifth phase of the presidential initiative Housing for All Egyptians for low-income citizens.

El-Wazir Opens Soft Launch of October Dry Port

The port is built under a partnership between the General Authority for Land and Dry Ports (GALDP) and October Dry Port Company, which is a joint venture between Elsewedy Electric and Schenker.

Social Finance Fund’s Head Participates in Green Building Financing Symposium in COP27

During the event held on the sidelines of the UN Climate Change Conference (COP27), Abdel Hamid notes that building eco-friendly green housing units has been a huge dream domestically due to the great benefit it offers in saving energy and improvement of the quality of life for citizens.

Ministry of Housing Launches Unionization Symposium in COP27

Discussions also include the recent situation in new and old Egyptian cities and the main pillars of the national urban policies.

Badya City, Environment Ministry Raise Awareness of Go Green Initiative

The Badya’s campaign is launched in tandem with hosting the United Nations Climate Change Conference (COP27) in Sharm El-Sheikh.

Deputy Housing Minister Explores Egypt’s Plan to build 96 Water Desalination Plants By 2050

Ismail explores the plan of the water and sewerage sector for the rationalization of water consumption, which includes the use of existing drinking water resources; the safe reuse of treated sewerage water; and the minimization of waste.

Central Agency for Reconstruction Executes 87 Projects in Beni Suef

Al-Gazzar notes that the CAR executes projects in 25 cities in 10 governorates including more than 740 villages under the first phase of the Descent Life presidential initiative.

Deputy House Minister Signs Financing Agreements Under Nouwfi Program

Ismail signs a letter of intent (LOI) with the African Development Bank (ADB) for building 5 solar-powered water desalination plants with a total capacity of 525,000 cubic meters in 4 governorates, with $625 mn in sustainable and green investments.

Page 80 of 248

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password