News / Egypt

Social Housing Applicants to Transfer to New Cities Until February 15

Approximately 924 applicants have transferred their applications to new cities within their registered governorates during the social housing project’s eighth offering; units are made available for reservation from now until February 15

ODH Delisting Not Subject to Swiss Takeover Law

Orascom Development Holding (ODH) is not subject to the recently enacted Swiss Takeover Law

Egypt to Develop ‘One Million & A Half Acres Of Land’ Project

Members of cabinet met with Prime Minister Sherif Ismail to discuss the “One Million & A Half Acres of Land” project, the ability to increase local production, and to followup on strategies to enhance production of companies in the public sector

Egypt to Add 50 Ferries along the Nile River across Many Governorates

The Ministry of Transportation plans to supply 50 ferry boats along the Nile River and across 18 governorates

Millions Invested in Water Stations and Sanitation Plants, Qaliubya

Ministry of Housing, Utilities, and New Urban Communities launches three water stations in Qaliubya at a total investment cost of EGP 20mn

EFCBC Members to Build Several Developments, New Cities

Members of the Egyptian Federation for Construction & Building Contractors (EFCBC) are to carry out several developments across four new cities

Housing Ministry to Launch Touristic Development, Aswan

The Ministry of Housing, Utilities and Urban Communities plans to develop a touristic development alongside the Nile Corniche in Aswan

Madbouly Approves Authorities Shuffle

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly issued a ministerial decree appointing Eman Kamal as President of the New Urban Communities Authority (NUCA)

Ministry of Transportation is to More Construct Railway Barriers

The Egyptian government is to proceed with construction of 1,102 barriers in cooperation with the National Authority for Tunnels & Railways (NATR) and the Ministry of Transportation

Egypt Gathers USD 4 bn from USD Bonds

Minister of Finance Amr El Garhy announces that Egypt has managed to gather USD 4 bn from USD bonds in international markets

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