News / Egypt

Madbouly Appointed Egypt’s Prime Minister

President Abdel-Fattah El-Sisi has appointed Mostafa Madbouly, the former Minister of Housing, Utilities and Urban Communities, as the new prime minister on Thursday, June 7

M2 Developments Reveals Their Latest Project in North Coast

Egyptian real estate developer M2 Developments has revealed its latest project in the North Coast in a pre-launch event held on June 4

Gov’t to Deliver Land Plots in New Borg El Arab

The New Urban Communities Authority (NUCA) will begin allocating land plots in New Borg El Arab City for different income classes from June 24 until August 16

Cabinet Approves Agreement to Produce Solar Panels in Aswan

Egyptian cabinet has approved a framework agreement between the National Authority for Military Production and China-based company GCL to build a solar panels manufacturing complex in Aswan with a manufacturing capacity of 5 gigawatts

MNHD Eyes EGP 1 bn Loan From CIB

Egyptian developer Madinet Nasr Housing and Development (MNHD) has ratified signing a medium-term loan with the Commercial Bank of Egypt (CIB) worth EGP 1 bn to fund two projects

DM Developments to Invest EGP 4 bn in Ain Sokhna’s The Groove

Egypt's developer DM Development has announced its plan to implement their new project, The Groove, in Ain Sokhna with total investments of EGP 4 bn

Egypt, China Sign MoU for First Industrial Zone in New Al-Alamein

The New Urban Communities Authority (NUCA) signs a memorandum of understanding with Chinese construction company, CGCOC Group, to establish the first industrial zone in New Al-Alamein

Gov’t to Renovate 350 Nubian Houses

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has revealed that his ministry is carrying out the renovation works of 350 Nubian houses

Southern Section of 30 June Axis Completed: Madbouly

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly reveals that the southern section of the 30 June Axis is now completed

Gov’t to Deliver More Lands in June

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has announced the delivery dates of pre-reserved lands in Al Sadat City

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