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Gov’t: Hadayek Al-Asemah Sees 29,496 New Housing Units

Assem El Gazzar, Minister of Housing, Utilities and Urban Communities, has stated that 29,496 housing units (1194 buildings) have been implemented in the Social Housing Project, in district Hadayek Al-Asimah (Capital Gardens), highlighting that the current implementation rate is at 47%, while the targeted implementation rate was 34%

Projects in the New Mansoura City are in Progress

Kamal Bahagat, assistant Vice President of the Authority for the Development Sector and Urban Development, has inspected projects in New Mansoura City, invest-Gate reports.

NUCA Allocates 53 Mixed-Use Plots in 22 New Cities

The Board Directors of the New Urban Communities Authority has approved on its meeting with Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities via video conference the allocation of 53 plots in 22 new cities, Invest-Gate reports.

Ras El Hekma to See New Alamein-Like Towers: Minister

Marsa Matrouh Governorate will see the new Ras El Hekma city be developed as a fully-fledged urban area to provide some prosperous investment grabs, with designs akin to the North Coast's New Alamein.

Egypt Receives 300,000 Tourists Since July: EJB President

The Egyptian Junior Business Association (EJB) has uncovered that Egypt has seen a substantial number of tourist arrivals in the recent period, despite the ongoing COVID-19 crisis, with almost 300,000 visitors checking in the country since July.

Siemens Opens New Smart Clinic in Qalyubia

Siemens AG and Siemens Energy AG, two independent companies rigorously focused on the energy sector, have inaugurated a smart clinic in Shubra El Kheima, Qalyubia, aiming to provide quality healthcare to about 15,000 patients a year.

Egypt Secures Almost USD 226 mn for Civil Aviation Projects

The Egyptian Ministry of International Cooperation's funding portfolio from development partners for local civil aviation sector projects currently stands at almost USD 225.7 mn (EGP 3.54 bn).

EG Master Constructs 20% of 1st Home Project in NAC

EG Master Developments CEO Ramy Salib has revealed the completion of 20% of work on the Egypt-based property developer's first residential compound in the New Administrative Capital (NAC), called "The City Valley," after selling out 80% of the project's units.

Invest-Gate’s 1st RED Masterclass Makes Way for Digital Business Development in Egypt

In a move that is the first of its kind in Egypt, Invest-Gate has organized the Real Estate Digital (RED) Masterclass, in light of its keenness to help realty professionals and agents embrace timely change and have a strategic digital plan in place to bridge their online and offline business.

Orascom Development’s O West Sponsors GFF 2020

O West, Orascom Development Egypt’s (ODE) first home project in Cairo, has announced its sponsorship of the El Gouna Film Festival (GFF), which will be held from October 23 to 31.

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