Gov’t Unveils Designs of New Administrative Capital’s R3 Residential Community

• Sunday, 2nd July 2017
• by Menna A. Farouk

The government unveils the designs of the high-end residential community known as “R3” in the New Administrative Capital, Invest-Gate reports.  

Egypt Sees 13 Road and Service Projects worth EGP 756 mn in FY16/17

• Thursday, 22nd June 2017
• by Farah Montasser

The Central Agency for Reconstruction has carried out new road and service projects in 12 governorates in the fiscal year 2016/2017, Invest-Gate reports.

UNDP to Establish New Investment Fund in Egypt

• Thursday, 22nd June 2017
• by Menna A. Farouk

Egypt and the United Nation Development Program (UNDP) sign an agreement to establish a new UNDP investment fund in the country, Invest-Gate reports.

Arab Development to Incur Losses Worth EGP 600,000 on Project Withdrawal

• Wednesday, 21st June 2017
• by Menna A. Farouk

Egyptian property developer Arab Development and Real Estate Investment (ADRI) is to suffer losses worth EGP 600,000 after the Armed Forces Engineering Authority withdrew a five-building project awarded earlier to the company, Invest-Gate reports.  

Gov’t Implements Water, Sewage Projects Worth EGP 6.1 bn

• Wednesday, 21st June 2017
• by Menna A. Farouk

Minister of Housing and Urban Development Mostafa Madbouly announces the operation and delivery of new water and sewage projects in 18 governorates, Invest-Gate reports.  

Al-Shams Housing Studies Partnership Worth EGP 1 bn with NUCA  

• Tuesday, 20th June 2017
• by Menna A. Farouk

Egypt-based construction company Al-Shams Housing and Urbanization announces that a possible partnership with the New Urban Communities Authority (NUCA) worth is still under study, Invest-Gate reports.  

Housing Ministry Delivers 700 Units in El-Noubariya El-Gadida

• Tuesday, 20th June 2017
• by Menna A. Farouk

The government is handing over new units in in El-Noubariya El-Gadida City in El Beheira governorate, Invest-Gate reports.

Gov’t Unveils Service Projects Worth EGP 182.8 mn

• Monday, 19th June 2017
• by Menna A. Farouk

The Central Agency for Reconstruction is currently implementing new service projects as part of its plan for the fiscal year 2016/2017, following the completion of 13 projects in 12 governorates, Invest-Gate reports.  

SECON Profits Grow 40% in 2016

• Monday, 19th June 2017
• by Menna A. Farouk

Cairo-based construction firm Saudi Egyptian Construction Company (SECON) posts a 40% year-on-year rise in its profits in the fiscal year ending on December 31, 2016, Invest-Gate reports.  

RTA Extends Real Estate Tax Payment Period to End-June

• Monday, 19th June 2017
• by Menna A. Farouk

The Real Estate Tax Authority (RTA) decides to extend the payment period of the real estate tax, Invest-Gate reports.