News / Egypt

ACUD Agrees to Develop Foreign-Funded Project in NAC

Egypt's Administrative Capital for Urban Development (ACUD) and Alliance World Wide Consortium (AWWC) have inked a Memorandum of Understanding (MoU) to develop a fully foreign-funded investment project in the New Administrative Capital (NAC).

Baron Palace Reopens to Public After 2-Yr Restoration

After more than two years of restoration, Egypt's long-dormant Baron Palace in Heliopolis has regained its glory and reopened to the public, in celebration of its official inauguration by President Abdel-Fattah El-Sisi.

Egypt Kicks Off FY 2020/21 with Largest-Ever State Budget

Egypt's Ministry of Finance kicked off the FY 2020/21 state budget on July 1, estimated at EGP 2.2 trn, marking the largest in the country's history.

Work in Full Swing at New Mansoura’s JANNA, Sakan Misr

New Mansoura sees about 11,232 residential units (468 buildings) in the JANNA luxury housing project 75% completed, while 4,704 apartments (196 buildings) are 90% finished in the city’s Sakan Misr medium-income project.

Sales of Hometown’s LaFayette Mall to Begin on July 2

Egypt-based Hometown Developments said it will begin contract sales of its newest commercial development in the New Administrative Capital (NAC), named “LaFayette Mall," on July 2.

Gov’t Delivers Almost 800 Social Housing Units in New October

West Cairo's New October City is witnessing the gradual handover of 792 social housing units in the 800-acre neighborhood.

Mountain View Releases Crete Islands at Ras El Hikma Project

Mountain View (MV) has released the latest phase of its flagship project on the North Coast, dubbed "Crete Islands," after the success of Mykonos, Santorini, Samos, and other Greek-inspired communities within Mountain View Ras El Hikma.

Egypt Remains Africa’s Top FDI Recipient in 2019: UNCTAD

Egypt continues to be Africa’s largest recipient of foreign direct investment (FDI) flows in 2019, marking a 10.7% hike, despite the slump in FDI inflows to the entire continent to USD 45 bn (EGP 727.2 bn).

El-Sisi Virtually Inaugurates New Capital, Sphinx Airports

President Abdel-Fattah El-Sisi inaugurated the long-awaited Capital International Airport and Sphinx International Airport via video conference on June 29, both coming to help to relieve pressure on Cairo's existing hub.

Egypt’s Housing Minister Returns to Office After 14-Day Self-Isolation

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has left his home for the first time in almost two weeks and returned to office, after self-isolating due to exposure to a COVID-19 carrier on June 11.

Page 505 of 839

Login

Welcome! Login in to your account

Remember meLost your password?

Lost Password