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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

Reservations of Units in New Capital’s R3 Project Starts Soon

Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has revealed that the ministry will begin offering phase one of their project R3, located in the New Administrative Capital

Orascom Signs EGP 5.7 bn Contract for Egyptian Wastewater Plant

Egypt’s Housing Ministry signs a contract with Orasqualia, a consortium led by Egypt's Orascom Construction Industries and Spain's Aqualia, to proceed with construction works of Abu Rawash Wastewater Treatment Plant in Egypt, at a cost of nearly EGP 5.7 bn

Drilling Works Begin on Phase III of Cairo Metro Line III

Transport Minister Hisham Arafat launches drilling operations on phase III of the Cairo Metro's heavily-commuted third line, which will extend more than 17 kilometers and comprise 15 stations

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