News / Egypt

Cityscape Egypt Is Back This November

Cityscape Egypt is to take place on November 4 till November 7, says its official press release at the Egypt International Exhibition Centre (EIEC) in Cairo.

Gov’t Reduces Building Code Violation Fines in New Cities

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has reduced fines and penalties ​​for reconciliation in building violations in new cities from 15% to 25%.

New Damietta Sees An Electric Art

New Damietta City Authority launches an artistic initiative to beautify the city, turning all electricity units into descriptive paintings

Egyptian Real Estate Firms’ Profit Hit by Corona

Egypt’s five biggest listed real estate firms reported a combined profit fall of nearly 31% in the second quarter of 2020 as property sales slowed during the coronavirus crisis

Egypt Opens Beach Area of Steigenberger Hotel El Lessan

The Holding Company for Tourism and Hotels (HOTAC) has opened the beach area of Steigenberger Hotel El Lessan Ras El Bar, following the completion of comprehensive development, with investments worth EGP 10 mn.

Cabinet Signs Off on Changes to Real Estate Funds Regulations

Egypt's Cabinet has approved some far-reaching legislative amendments to the Capital Markets Act, which governs real estate funds, in a bid to facilitate and reduce burdens halting property investment.

TSFE, Housing Ministry Discuss EGP 30 bn National Projects

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar and The Sovereign Fund of Egypt (TSFE) Chairperson Hala El Saeed have discussed means of cooperation in several national developments, at a combined cost of EGP 30 bn.

Egyptian Real Estate Sees Buoyant Demand: Fitch Solutions

Fitch Solutions said the introduction of 20 new cities across Egypt, along with the upgrading of 23 existing areas, is stirring up demand for Egyptian real estate, in the face of Coronavirus headwinds.

NUCA Allocates 81 Lands for Integrated Urban Projects

The New Urban Communities Authority (NUCA) has approved the allocation of 81 land plots across 23 new cities for the establishment of various integrated urban projects, including schools, factories, hotels, hospitals, and commercial services.

Siemens Energy to Power Alexandria’s Bashayer El Khair Project

Germany-based Siemens Energy has been picked by the Egyptian Electricity Transmission Company (EETC) to connect Alexandria's Bashayer El Khair residential project with the country’s national grid.

Page 483 of 830

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password