Municipalities Inaugurate Hypermarket in New Minya

• Friday, 17th February 2017
• by Yasmin El-Beih

Governor of Minya Essam Badawy and President of the Authority for Developing New Minya Mohamed Wahba inaugurated Spinneys hypermarket located at Cityscape Mall in February 16, Invest-Gate reports.

Madbouly Appoints Deputies to President of New Cairo Authority

• Friday, 17th February 2017
• by Yasmin El-Beih

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly appointed two deputies to the president of the Authority for Developing New Cairo on February 17, Invest-Gate reports.

Cairo to Partner with Helwan University for Slums Development

• Thursday, 16th February 2017
• by Yasmin El-Beih

Cairo will launch an initiative to develop slums in Al Ma’asra area in cooperation with the National Bank of Egypt, Helwan University, and the Development of Slums Fund, Invest-Gate reports.

Obour City Housing Projects in Progress

• Thursday, 16th February 2017
• by Yasmin El-Beih

Constructions works are currently taking place on approximately 27,000 social housing units in Obour City in addition to 5,160 units in Dar Misr projects, Invest-Gate reports.

Banks Collect USD 12.3 bn Since EGP Float

• Wednesday, 15th February 2017
• by Yasmin El-Beih

Egyptian Banks have to collect FX inflows amounting to a USD 12.3 bn since the float of the local currency, according to an unnamed Central Bank of Egypt source, Invest-Gate reports.

Madbouly Combats Violations, New Obour

• Wednesday, 15th February 2017
• by Yasmin El-Beih

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly is leading a campaign against unlicensed buildings in New Obour City and applying removal decrees as necessary, Invest-Gate reports.

Approximately 4,700 Homes to Replace Slums in Nahda City

• Wednesday, 15th February 2017
• by Yasmin El-Beih

Around 4,700 residential units will be finalized in Nahda City’s Al Mahrosa Project in June 2017 expected to serve 24,000 citizens living in unsafe slums, Invest-Gate reports.

Alexandria Retrieves Misused State Lands

• Wednesday, 15th February 2017
• by Yasmin El-Beih

Alexandria launched a campaign to remove building violations and retrieve state lands encompassing 7,000 square meters located in the governorate Mex Street, Invest-Gate reports.

Special Land Plot Buyers to Finalize Payment in Two Days

• Tuesday, 14th February 2017
• by Yasmin El-Beih

The New Urban Communities Authority offer Thursday as the last day for winners of special land plots located in social housing projects to pay the remaining cost of lands, Invest-Gate reports.

Cairo to Relocate Famous Commercial Market

• Tuesday, 14th February 2017
• by Yasmin El-Beih

Around 10,000 meters of lands have been allocated to build a commercial market relocating the famoed El Tonsy market from the unsafe slum areas in Cairo, Invest-Gate reports.