The country’s foreign reserves reached USD 38.209 bn at the end of January 2018, compared to USD 37.019 bn at the end of December 2017
Under the annexes, action plans will be proposed for the development of 32 informal settlements in 8 cities including Aswan, Sohag, and Assiut
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
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