News / Egypt

Sisi Inaugurates 3 Projects in 10th of Ramadan

Egyptian President Abdel-Fatah El-Sisi has inaugurated three major projects in 10th of Ramadan City

Deadline Until End-January to Accept Re-Inquiry Requests on Social Housing Units: Minister

Egypt’s Housing Minister Mostafa Madbouly, says that the social housing finance fund is granting applicants until the end of January to request a re-inquiry if their unit’s booking had been declined

L&T Construction to Build High Voltage Substation in Ain Sokhna

India's construction company L&T Construction, the construction arm of Larsen & Toubro, has won a project in Egypt

Gov’t Constructs 5936 Units in Aswan

The Housing Ministry has completed a number of social housing units in Aswan and New Aswan

Egypt’s Foreign Reserves Rose to USD 37.019 bn at End-December

Egypt’s net foreign reserves increased year-on-year at the end of December 2017

Elsewedy Unit to Develop 1.4 mn Square Meters in Al Sadat

SDM for Development and Management, a subsidiary of engineering services company Elsewedy Electric, has won a bid to develop 1.4 mn square meters in Al Sadat City

Egypt, EBRD Ink USD 200 mn Energy Efficiency Deal

Minister of Investment and International Cooperation Sahar Nasr has signed a USD 200 mn investment agreement with the European Bank for Reconstruction and Development (EBRD)

FY2017/18 Plan for New Cities 100% Completed: NUCA

The FY2017/18 development plan for new cities is 100% completed as of December 30, 2017

Gov’t Implements 5,256 Units in New Minya

A total of 5,256 social housing units are being implemented in New Minya, as part of the state's efforts to accommodate Egypt's growing population.

Hassan Allam Properties to Co-Develop Project in Mostakbal City

Egyptian developer Hassan Allam Properties (HAP) has partnered with El Mostakbal for Urban Development to co-develop 250-acre mixed-use project in Mostakbal City

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