News / Egypt

SECON Inks Design Contract for 70-Acre Project in New Capital

The Saudi Egyptian Construction Company (SECON) says it signed an integrated design contract with Distance Studio Consultants (DSC) for a development project in the New Administrative Capital

TMG Holding, NUCA Reach Lawsuit Settlement

Egyptian real estate developer Talaat Moustafa Group Holding (TMG Holding) says it dropped a lawsuit against the government’s New Urban Communities Authority (NUCA) after reaching a settlement

Planning Ministry to Invest EGP 393 mn in New Al-Alamein City

The Ministry of Planning, Monitoring, and Administrative Reform plans to pump investments in the New Al-Alamein City

First Phase of New Administrative Capital Inaugurated

The long-awaited New Administrative Capital has come to light with President Abdel Fattah El Sisi inaugurating its first phase late October

New Al-Alamein City To Be Launched Soon

In celebration of the 75th Anniversary of the Al Alamein Battle, Minister of Housing Mostafa Madbouly visits the- soon- to- be- inaugurated New Al Alamein City

Egypt’s New Admin. Capital To Have The Tallest Skyscraper in Africa

Egypt plans to have the highest building in Africa in the New Administrative Capital

Egypt Accelerates World Bank’s 3rd Tranche of A Billion Dollars

Egypt is in talks to accelerate the final tranche of the World Bank’s (WB) loan

Egypt Tax Revenues Reach EGP 88.6 bn in Q1

Egypt's tax revenues has increased in the first quarter of FY2017-18, Al-Ahram newspaper reports

Egypt Budget Deficit Likely to Fall to 8.8% – WB

Egypt's budget deficit is believed to fall this fiscal year on the back of economic reforms, World bank believes

Egypt Is To Renew Financing Agreement With Global Banks

Egyptian Finance Minister Amr El-Garhy says he expects a financing agreement with a consortium of global banks will be renewed for another year

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