News / Egypt

Future Cities of Egypt Forum to Gather 400 Local, Foreign Investors

Future Cities of Egypt Forum will kick off on December 8, under the theme "Business and Investment Opportunities," bringing together 400 Egyptian and Arab investors, led by a delegation from KSA and other GCC countries, to shed light on the new fourth-generation cities.

Emaar Misr, NUCA Partner for 2 Mixed-Use Projects in West Cairo

Emaar Misr for Development and the New Urban Communities Authority (NUCA) inked on November 27 deals to settle disputes between both sides and allocate plots for the establishment of two integrated urban projects in west Cairo's Sheikh Zayed Extension.

Egypt, AfDB Seek Investments for Cairo-Cape Town Road

Minister of Transport Kamel El Wazir has discussed with an African Development Bank (AfDB) delegation a potential joint investment in the planned Cairo-Cape Town highway project.

CBE Kicks off Initiative for E-Collection of Mortgage Payments

The Central Bank of Egypt (CBE), in collaboration with the Social Housing and Mortgage Finance Fund, has launched an initiative to start the collection of mortgage installments via e-payment methods in partnership with mortgage lending banks

New Mansoura’s Housing Units Near Completion: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has revealed that about 11,232 units are 70% completed in JANNA luxury housing project in New Mansoura

Gov’t to Sell 22-25% of Heliopolis Housing Shares in Q1: Minister

Public Enterprise Minister Hesham Tawfik said 22-25% of shares in Heliopolis Company for Housing and Development (HHD) will be offered on the Egyptian Stock Exchange (EGX) in the first quarter of 2020.

Construction of New Suez, West Port to Begin Early 2020: Official

Deputy Minister of Housing for National Projects Khaled Abbas said that construction works in New Suez city and West Port Said to commence early next year, adding to the 27 underway new cities

Mountain View to Construct Egypt’s 1st Int’l Business Hub

Mountain View will begin construction works at Egypt's "first international business hub" before November-end, extending over 100 acres and coming as part of its flagship project in New Cairo, called "iCity."

Implementation of Iconic Tower Metal Structure Started: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has witnessed the beginning of implementing the Iconic Tower’s metal structure in the New Administrative Capital (NAC), east Cairo

NUCA, Al Manara Ink Deal for New Compound in West Cairo

New Urban Communities Authority (NUCA) has inked a partnership contract worth EGP 1.3 bn with Al Manara for Urban Development to establish “Green Land” compound in the 6th of October city, west Cairo

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