The cabinet’s headquarters along with the presidential headquarters and the parliament will be relocated to the New Administrative Capital within 18 months
The new city will include a new road linking Ain Sokhna to Zaafarana through Galala Mountain, a touristic resort, a hospital specialized for medical tourism, and a corniche walkway
A USD 1.1 bn cement plant with six production lines in the Egyptian city of Beni Suef will start operations within days, Reuters quoted officials as saying on January 31
Minister of Housing, Utilities and Urban Communities, Mostafa Madbouly, reviews the latest updates on residential units in the housing projects of Dar Misr and Sakan Misr in New Cairo, Invest-Gate reports
The first agreement stipulates the establishment of “an integrated entertainment city, similar to Disneyland, across 5,080 acres with total investments of EGP 58.24 bn (USD 3.3 bn)
Egyptian Ambassador to Addis Ababa Abu Bakr Hefny has unveiled a number of projects Egypt is implementing in Ethiopia
A new company under the name of City Edge Developments was launched on 30 January
Minister of Housing, Utilities and Urban Communities Mostafa Madbouly has checked up on a number of projects in New Al-Alamein City
Egypt’s House of Representatives gave its final approval to the new bankruptcy law on Sunday, December 28, in a plenary session attended by Minister of Investment and International Cooperation Sahar Nasr
Egypt signed the third, and final, USD 500 mn tranche of a USD 1.5 bn budget support loan package from the African Development Bank (AfDB)
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