Giza Transforms Misused Land Plot to Public Park

• Monday, 30th January 2017
• by Farah Montasser

The Giza governorate turned a land plot located in Agouza district, previously utilized for waste storage, into a public garden and park for local citizens

Cairo to Impose Penalties on Non-law Abiding Commercial Units

• Monday, 30th January 2017
• by Farah Montasser

Governor of Cairo Atef Abdel Hamid has prohibited owners of commercial units in neighborhoods from conducting any street violation and misuse of facilities else they face a EGP 10,000 penalty or a prison sentence

Madbouly Urges New Cities’ Heads to Follow Up on Developments

• Monday, 30th January 2017
• by Farah Montasser

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly urged heads of the New Cities to review this year’s financial plan and provide suggestions for required future investments in the upcoming fiscal year

FEI Proposes Several Initiatives to Revive Real Estate Sector

• Sunday, 29th January 2017
• by Farah Montasser

The Egyptian Industries Federation’s Chamber of Real Estate Development proposes three initiatives to boost the real estate market in means to protect Egyptian and foreign investors, Invest-Gate reports

Dispute over Endowments’ Lands to be Resolved Soon, Ismailia

• Sunday, 29th January 2017
• by Farah Montasser

Minister of Endowment Mohamed Mokhtar Gomaa suggested forming a committee to resolve a dispute over ministry lands, following an early meeting held with parliamentary representatives from Ismailia and residents living in the Tal El Kebeer and El Kasaseen areas

Khorshid Unveils Integrated Development Plan for Upper Egypt

• Sunday, 29th January 2017
• by Farah Montasser

The Ministry of Investment has set up an integrated development plan for attracting investments in Upper Egypt

Nasr: The State Supports Small and Medium Enterprises in Upper Egypt

• Sunday, 29th January 2017
• by Farah Montasser

Following China and India’s footsteps, Egypt will link small and medium enterprises (SME) with larger ones as to encourage investors

Dar Misr Price EGP 33,000 Per Square Meter For Commercial Units

• Sunday, 29th January 2017
• by Farah Montasser

Following a public auction for commercial units at Dar Misr project in Sadat City, including six shops and a pharmacy, the City’s Development Authority reported that the cost per square meter has reached EGP 33,600 at its highest

Infrastructure Works Begin, Administrative Capital

• Sunday, 29th January 2017
• by Farah Montasser

Infrastructure works are to commence in the new Administrative Capital within inner roads in neighborhoods on site

NUCA to invest EGP 13 bn, Upper Egypt

• Sunday, 29th January 2017
• by Farah Montasser

The New Urban Communities Authority (NUCA) plans to invest EGP 13 bn in the new cities of Upper Egypt in both the current and upcoming fiscal years together