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Egypt’s Foreign Reserves Drop for 1st Time in 2 Years

The Central Bank of Egypt (CBE) has unveiled that the country's foreign currency reserves dropped last December for the first time since the EGP flotation, standing at USD 42.551 bn compared to USD 44.513 bn at the end of November.

Madbouly Follows Up on Development Projects in Saqqara

Prime Minister Mostafa Madbouly has held a meeting to follow up on the latest developments on some projects being implemented for the restoration of ancient Saqqara archaeological area, aiming to provide an array of services to visitors there and contribute to the growth of inbound tourism as a result.

Trade Ministry Activates Council for Real Estate Investment

Minister of Trade and Industry Amr Nassar has decided to activate the Export Council of Real Estate.

Hassan Allam Awarded Water Project in New Mansoura

Hassan Allam Holding (HAH) has announced a new project award for the establishment of a desalination plant in New Mansoura city.

CIRA to Build New Educational Project in West Assiut

Egypt's Cairo for Investment and Real Estate Development (CIRA) has announced acquiring an 81-acre land plot in Nasser City, west Assiut, for the establishment of an international private university in the area.

Parliament to Issue Real Estate Development Law Within 5 M: Official

Member of Parliament’s Housing Committee Mohamed Abdel Ghany officially told Invest-Gate that Egypt's Real Estate Development Law will be issued within five months.

Dubai Land Department to Participate in IPS Egypt

Dubai Land Department (DLD) is set to participate in the International Property Show (IPS), which will take place in Cairo between January 10 and 13.

NIB to Select 9 Firms for 2nd Phase of Egypt’s IPO Program

NIB is set to nominate nine state-owned companies for the second phase of the state privatization program, Egypt's planning ministry has recently announced.

NUCA Allocates 48-Acre Plot for Training Academy in Badr City

NUCA board of directors has approved allocating a 48-acre land plot to develop a training academy in Badr City to train building workers on the latest international methods of construction and finishing works.

Cabinet Approves Funding Facilities for Water Projects in Egypt

Egypt's cabinet ratified during its Council of Ministers meeting on January 2 four agreements with preferential funding terms for water, sewage treatment, and sanitation projects in a number of governorates across the country.

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