News / Government

El-Gazzar Visits Phase I Projects in New Mansoura

El-Gazzar notes that New Mansoura is a fourth-generation city, adding that the project includes different types of housing, comprising tourism, villas, middle-income, and social-income residence, along with all required services and a regional university.

Sinai Cement Launches Initiative to Plant 1,200 Trees in Arish, Bir El-Abed

Tamer Magdy, Managing Director of Sinai Cement, notes that the company set an integrated plan to develop the community in which it operates, especially in the area where its factory in North Sinai is located.

Egyptian Cabinet Ratifies Presidential Land Allocation Decree

The decree provides for the allocation of two pieces of land spanning 60.72 and 6.99 feddans in Manshiyat Naser and Rawdat Eilsaida 2, in Cairo.

New 4K Housing for All Egyptians Units Underway in 6th of October, New Suez

Adel El-Naggar, Head of the 6th of October Development Authority, inspects works at the middle-income housing axis in the residential industrial area in the city, accompanied by authority officials.

Schneider Electric, South Sinai to Transform Sharm El-Sheikh into First Green City in Egypt

The step falls in line with the government’s strategy to carry out its climate agenda and achieve sustainability.

Development & Housing Company for Utilities to Deliver Descent Life Projects in December

The company is set to deliver projects in the two governorates in December 2022.

Central Agency for Reconstruction Completes 351 Projects in Assiut

El-Gazzar reveals that CAR is executing projects in 25 cities in 10 governorates, covering over 740 villages and their surrounding areas, under the first phase of the Decent Life initiative.

Housing Ministry Officials Inspect Projects in 3 Cities

Officials visit the project to complete 52 low-income housing buildings in Al-Andalous district in the 10th of Ramadan City and the middle-income housing project, Housing for All Egyptians, whose total value amounts to EGP 267 mn.

El-Gazzar Follows Up on Works at Sour Magra El-Oyoun Project

The project comprises completing 79 buildings at various heights, including 1,924 residential units and 18 commercial units, El-Gazzar notes.

CBE Hikes Interest Rates by 200 Bps

Egypt works on intensifying its reform agenda and maintaining sustainable growth.

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