News / Egypt

NUCA’s VP Mamdouh Inspects Projects in New Mansoura & New Damietta

Abdul Muttalib Mamdouh, Vice President of the New Urban Communities Authority (NUCA), has inspected the ongoing projects in the new cities of Damietta and Mansoura, accompanied by Kamal Bhagat, assistant Vice President of the authority, authority officials, and Mohamed Ragab, head of the New Damietta City Development Authority, Invest-Gate reports.

First Virtual Real Estate Exhibition “Vestate Expo” Launched

For the first time, Egypt sees, on October 20, Vestate Expo, the biggest virtual expo in the country hosting up to 50 developers and attracting over 2500 visitors across the MENA region, Invest-Gate reports.

Havana Celebrates Delivery of ‘Havana Hills 1’ in West Cairo

Egypt-based Havana Real Estate Developments has celebrated the handover of its residential compound in west Cairo's October Gardens, called "Havana Hills 1," in the presence of the company's management team and a crowd of its customers.

South Sinai Sees Major Uplift to Feature EGP 1.7 bn New Projects

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has unveiled that the Central Agency for Reconstruction has carried out 40 different service and development projects in South Sinai, at a cost of almost EGP 1.7 bn.

Constec & SAE Implement a Part Of the Administrative Attaché of the Arab League

Constec Construction and Design S.A.E company have implemented a part of the administrative attaché of the League of Arab Nations, Invest-Gate reports.

Cornerstone Gets Approval for NAC’s The Curve

Cornerstone Development has obtained ministerial approval for the development of its first home project in the New Administrative Capital (NAC), called "The Curve," with work set to commence on-site by year-end.

Tabarak Launches 1st E-Payment Platform

Tabarak Developments has announced the launch of Egypt's first e-payment platform to allow buyers to purchase properties while at the comfort and safety of their homes, in line with the government’s plans for digitization.

«كورنرستون» تحصل على الموافقة لتنفيذ «The Curve» بالعاصمة الإدارية

حصلت شركة «كورنرستون» للتطوير العقاري، على القرار الوزاري لمشروعها الأول «The Curve» بالعاصمة الإدارية الجديدة

Egypt’s Long-Term External Debt Records Increasing

Egypt’s long-term external debt increased in 2019 to USD 90.6 bn- up from the USD 80.6 bn recorded in 2018 - with USD90.3 bn of this debt acquired by the public sector, according to the World Bank’s international dept statistics report 2021, Ahram Online reports.

Prime Minister Follows up Implementation of 250,000 Social Housing Units

Mostafa Madbouly, Prime Minister, has followed up the implementation of 250,000 social housing units, Invest-gate reports.

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