Egypt’s parliament approved on June 24 the FY 2019/20 budget starting in July, with spending set at EGP 1.6 trn, up EGP 150 bn from the current fiscal year, marking the biggest state budget in the country's history.
Thomas Cook Group plans to open two new hotels within a couple of months in El Gouna, Hurghada, notably Cook’s Club and Casa Cook, as popularity augments for the all-year-round destination among vacationers.
Egypt-based Samcrete Development is currently negotiating with three international firms to run Pyramids Hospital in 6th of October City, west Cairo, with the company's name will be announced before year-end
The North Coast's Marina Alamein Tourist Center, headed by Former Tourism Minister Hisham Zaazou, has begun taking serious measures against forgers of the resort's access IDs, aiming to put an end to frauds committed on identities of owners and guests
The New Urban Communities Authority (NUCA) will offer 1,042 fully-finished housing units in the R3 residential district of the New Administrative Capital (NAC) and Shorouk City's Sakan Misr middle-class housing project.
Global Pioneers Real Estate Investment, an affiliate to UAE-based Pioneer International Group, has begun the construction of the first commercial center in MU23 district at the New Administrative Capital (NAC), at costs amounted at EGP 750 mn.
New Urban Communities Authority’s (NUCA) board of directors has allocated five land plots for the development of various projects in 6th of October City, west Cairo, with payments to be made in dollars via bank transfers overseas.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said four engineering faculties are set to start running in the next academic year at New Alamein International University for Sciences and Technology in the North Coast, with concrete structures 80% done.
Egypt's Better Home Group inaugurated on June 21 MidTown Mall in New Cairo, coming simultaneously with the kickstart of the 2019 Africa Cup of Nations (AFCON).
Porto Cairo Mall will be live broadcasting the 2019 African Cup of Nations (AFCON) games on gigantic screens, providing its visitors a stadium-like experience, while holding prediction competitions with valuable prizes.
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