News / Egypt

Lafarge Egypt Signs Partners with LMS Construction

Lafarge Egypt, a subsidiary of LafargeHolcim Group, signs an agreement with LMS Construction, for the first time in Egypt, Invest-Gate reports.

“Genova” by Eastern Real Estate to Launch Soon, West Cairo

Eastern Real Estate LLC prepares to launch its new residential project, "Genova", in Sheikh Zayed City, with investments of EGP 3 bn in January 2021, Invest-Gate reports.

Mostakbal City to Welcome Residents Soon

El Mostakbal for Urban Development prepares to receive residents of its project Mostakbal City in New Cairo in the first half of 2021, Invest-Gate reports.

ARQA’s “I Business Park” Project Progresses

ARQA Development Group (ADG) holds its regular follow up meeting on its flagship “I Business Park” to discuss its final details with "CAD" & "Sabbour" companies, Invest-Gate reports.

El Gazzar Updates The Nation on New Alamein City

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar follows up on the implementation of various projects in New Alamein, one of the fourth-generation cities,

Ministry of Youth & OAD Unleash The EGP 250mn- NAMMA

Omar Abdullah Developments (OAD) has launched NAMMA, one of the largest integrated service complexes in 6th of October City, Invest-Gate reports.

EBRD Gives USD 12 mn Loan to Al Dau Al Haram for Hyatt Regency Hotel

The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn (EGP 190.1 mn) long-term loan to Al Dau Al Haram for Hotel Operations for the regeneration of a brownfield site into a Hyatt Regency-branded hotel in west Cairo.

Gov’t Extends Deadline for Property Tax Payment Until March-End

Egypt's Finance Minister Mohamed Maait has approved the extension of the deadline for filing real estate tax returns until the end of March 2021.

NUCA Allots 50 Plots in 16 New Cities for Mixed-Use Activities

The New Urban Communities Authority (NUCA) has approved the allocation of 50 plots in 16 new cities for mixed-use activities, in line with the state's keenness to boost urban development and present additional investment opportunities across Egypt.

El Gazzar Calls for Regular Follow-Up on ‘Residence for all Egyptians’ Project

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has emphasized the need for adherence to deadlines and continuous follow-up on the construction of housing units in the “Residence for all Egyptians” initiative.

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