News / Egypt

Banque Misr Partners with CED

Banque Misr has signed a cooperation protocol with City Edge Developments (CED), as part of the real estate mortgage initiative launched by the Central Bank of Egypt, Invest-Gate reports.

Gov’t Follows up on Maspero Triangle

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas inspects the Maspero Triangle project accompanied by Salah Metwally, Supervisor of Developing the Areas of Maspero Triangle, Imbaba Airport and Ain Sira, and New Urban Communities Authority officials, to follow up on the progress of the ongoing development projects

NUCA Signs New Contract with Talaat Mustafa Group

The Arab Company for Urban Investment, one of the Talaat Mustafa Group Holding, buys 5,000 acres from New Urban Communities Authority (NUCA) for the development of Capital Gardens

OUD Portfolio Grabs Prestigious Awards in 2020

Orientals For Urban Development – OUD wins four prizes in 2020 for the distinction of its real estate projects, and its added value to the Egyptian market

Gov’t Follows up on Roads Network in New Damietta

Head of New Damietta Development Authority Mohamed Ragab, accompanied by officials of the agency, inspects the work process of the new road network in New Damietta, Invest-Gate reports.

Gov’t Visits “Soor Magra-El-Oyoun” Development Project

Deputy Minister of Housing, Utilities, and Urban Communities for National projects Khaled Abbas has visited "Soor Magra-El-Oyoun" development project accompanied by Abdel Khaleq Ibrahim, Assistant Minister of Housing for Technical Affairs, and Alaa Abdel Aziz, Assistant Vice President of the New Urban Communities Authority, Invest-Gate reports.

MedEx Healthcare Company Launched

MedEx Healthcare Management Co announces its launch with innovative ideas and a value of EGP10 mn to provide healthcare services in the Egyptian market, Invest-Gate reports

Gov’t Grants 3M Extension for Payment of Real Estate Arrears

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has approved the extension of full payment of residential and non-residential arrears to March 15, with fines exemption.

CNN Names Egypt Among Top 21 Go-To Places in 2021

CNN Travel has featured Egypt among its newest list of top "21 Places to Go in 2021," indicating that the Grand Egyptian Museum (GEM) will turn heads upon inauguration this year due to its proximity to Giza Pyramids.

Talaat Moustafa to Provide 2 mn Egyptians with COVID-19 Vaccine

Talaat Moustafa Group (TMG) Holding CEO Hisham Talaat Moustafa has inked a cooperation protocol with the Egyptian health ministry to cover the costs of COVID-19 vaccines for about 2 mn unprivileged citizens, as part of the company's corporate social responsibility (CSR) initiatives.

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