News / Egypt

West Port Said Harbour Receives EGP 3 bn for Developments

Development works worth EGP 3 bn have began at West Port Said Harbour, MENA reports.

Ministry of Social Solidarity to Develop Homes for 10,000 Families

Setra,an urban developmental project to enhance the living conditions of 10,000 families in Cairo, will launch through cooperation between the Al Waleed Foundation and the Misr El Kheer Foundation

Emirati-Egyptian University to be Developed, New Al Alamein City

An Emirati-Egyptian university will be constructed in New Al Alamein City following the presidency’s approval to build four to five academic departments out of a total of ten through a number of partnerships

MOIC to Develop Several Projects, New Valley

The Ministry of International Cooperation (MOIC) will develop the New Valley governorate in the sectors of rural sanitation, animal farms, water treatment plants, all to be financed by the Saudi Fund for Development (SFD)

Egypt Completes 612 Units, New Toshka City

Minister of Housing, Utilities, Urban Communities Moustafa Madbouly announced the completion of 612 three-bedroom apartments of 143 square meters each in New Toshka City

Parliament Approves KWD 50 mn loan for Sinai Development Projects

The House of Representatives approved a KWD 50 mn (approx. EGP 3.07 bn) loan on February 1, signed between Minister of International Cooperation Sahar Nasr and the Arab Fund for Economic and Social Development (AFESD) to develop agriculture in Sinai through land reclamation and well drilling

Foreign Purchases of T-bills Hike Post EGP Float

Purchases of Egyptian T-bills hiked to EGP 10.2 bn by end of December 2016, compared to about EGP 226 mn at the beginning of 2016

2017 Population Census to Cost Less Than EGP 800 mn

Head of the Central Authority for Mobility and Statistics (CAPMAS) Abou Bakr ElGendy expects the procedures of conducting Egypt’s population census in 2017 to be below EGP 800 mn

Several Developments to Take Place across Three New Cities

Several construction tenders are to be allocated among contractors within the Egyptian Federation for Construction & Building Contractors across the cities of El Shorouk, New Cairo, and New Beni Suef

Giza Removes 21 Violations on Agricultural Lands

The Giza governorate has managed to remove 21 violations conducted against agricultural lands located in Al Saf City through intensive campaigns held by local officials and city authorities

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