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Real Estate Projects Under Construction in Egypt Reach $500 Bn in H1 2023: JLL

Real estate projects under construction in Egypt reached a value of $500 bn by the end of the first six months of 2023, according to a report by global property intelligence JLL.

El-Gazzar Issues Reshuffling Appointments in New Cities’ Development Authorities

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, has issued two decisions regarding extensive transfers and appointments within the new cities development authorities and the New Urban Communities Authority, Invest-Gate reports.

Madbouly Holds Meeting to Develop Ataqa Industrial Zone

Egyptian Prime Minister Mostafa Madbouly held a meeting on October 11, 2023, to follow up on industrial lands in Ataqa, Invest-Gate reports.

Head of New Cairo City Development Authority Conducts Inspection of Road and Sewage Lift Station Projects

Abdel Raouf El-Gheity, the head of the New Cairo City Development Authority, conducted an inspection of the remaining tasks at sewage lift station No. 11 and its associated expulsion line, Invest-Gate reports.

Minister of Housing, Cairo Governor Monitor Progress of Development Projects in The Governorate

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, and Khaled Abdel-Aal, the Governor of Cairo, convened a meeting to review the progress of several development projects underway in Cairo Governorate, Invest-Gate reports.

Al Naser Developments Begins Handover of Golden Tower 1 Units in NAC

Al Naser Developments, one of the largest real estate developers in Egypt, has started handing over units at Golden Tower 1, its first project in the New Administrative Capital (NAC), Invest-Gate reports.

RICS, AUC Sign MOU to Enhance Real Estate Construction Education

RICS and AUC signed an MOU, aimed at paving the way for joint efforts in education, research, and professional development within the real estate and construction field, Invest-Gate reports.

El Gazzar Announces Establishment of Central Crisis and Disaster Management Room

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, announced the establishment of a central room for crisis and disaster management at the ministry's headquarters in the New Administrative Capital (NAC), Invest-Gate reports.

Canadian TV Hosts El Batal Developments to Discuss Latest Projects in NAC

The "Rock Capital 1" project, executed by El Batal Developments, captured Canadian investors' interest due to its prime location in the heart of Egypt's New Administrative Capital, near the Presidential Palace, Central Bank, Egyptian Stock Exchange, and government ministries, Invest-Gate reports.

ALQAMZI Egypt Achieves EGP 1 bn Sales During Cityscape 2023

ALQAMZI Developments Egypt achieved EGP 1 billion in sales during its participation in the Cityscape Egypt 2023 exhibition, which took place from September 20 to 23, 2023, Invest-Gate reports.

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