Electricity Minister Mohamed Shaker has revealed that Egypt has spent EGP 515 bn since mid-2014 to enhance the country's national electricity grid
President Abdel-Fattah El Sisi has inaugurated three EUR 6 bn gas-fired combined cycle power plants with a total capacity of 14,400 megawatts (MW), to boost Egypt’s electricity generation by 50%, in a ceremony on Tuesday, July 24
Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, has stressed on the necessity of finishing the first phase of New Al-Alamein city before 2020
Dubai-based Emaar Properties Chairman Mohamed Alabbar revealed plans to double his company's investments in Egypt to EGP 100 bn over the next five years
Hassan Allam Utilities, the utilities arm of Egyptian engineering group Hassan Allam Holding, will set up a joint venture with Lightsource BP, a renewable energy development firm, for new projects
Cairo’s real estate market is recording an ongoing improvement in performance across most sectors, particularly the residential sector as it is benefiting from soaring sale prices in 2018, Invest-Gate reports.
The International Monetary Fund (IMF) has praised Egypt’s economic reforms during its third review of the country’s loan program
Mamdouh Badr El-Din, Head of the Real Estate Investment Division at the Federation of the Egyptian Chambers of Commerce (FEDCOC), has said that the real estate market in Egypt is very strong, denying any future long-term recession or decrease in real estate prices
President Abdel Fattah Al Sisi has met Prime Minister Mostafa Madbouly along with other ministers and officials to discuss building small cities for youth
Egypt-based Living Yards Developments has announced the launching of its first flagship project, The Loft, in the New Administrative Capital (NAC), featuring real British lofts, which have no walls and could be apportioned as desired.
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