News / Egypt

NUCA to Offer Mixed-Use Lands in Eight Cities

The New Urban Communities Authority (NUCA) will offer 138 mixed-use land plots in eight new cities

Sisi Signs USD 18.3 bn Agreements With Chinese Investors

President Abdel-Fattah El-Sisi has met a delegation of Chinese businessmen including owners of major companies on Sunday, September 3

Gov’t Invests EGP 9 bn in New Cairo’s JANNA, Sakan Misr

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has reviewed construction updates on Sakan Misr project for middle-class housing and JANNA luxury housing project

New Capital Phase I Will Be Completed “At Earliest Possible Time”: PM

Prime Minister and Minister of Housing, Utilities, and Urban Development has revealed that constructions of the first phase in the New Administrative Capital will be finished in the nearest possible time

Madbouly Reviews Updates on New Capital

Prime Minister and Minister of Housing, Utilities, and Urban Development, Mostafa Madbouly has visited the New Administrative Capital to view constructions updates in the city

BESIX, Orascom Award EUR 11 mn Contract for Grand Egyptian Museum

Egypt’s Ministry of Culture and the joint venture (JV) of Brussels-based Besix and Orascom Construction has chosen the Spanish-based Acciona Producciones y Diseño (APD) for the technical museographic development of four exhibition halls at the Grand Egyptian Museum, in a contract worth EUR 11 mn

Orascom Posts Strong Results in Q2 2018

Egypt’s Orascom Construction logged a 113.5% year-on-year (y-o-y) increase of USD 50.6 mn in its net income attributable to shareholders during Q2 2018, Invest-Gate reports.

Tourism, Finance Ministries Ink Deal on Property Taxes for Hotels

The ministries of tourism and finance have signed an agreement on the standards of real estate tax valuation of hotels

Gov’t to Invest EGP 275 bn in Sinai Until 2022: Planning Minister

Egypt’s Planning Minister Hala El-Saeed said on Tuesday, August 28, that the state has allocated nearly EGP 275 bn for the development of the Sinai Peninsula until 2022

The Springs Sahel: A New Addition to North Coast

The Springs Sahel has recently been launched in the North Coast, particularly developed for the "unpretentious homely" community

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