Madbouly Receives Design Plan for Aboul Reesh Hospital in Upper Egypt

• Wednesday, 18th January 2017
• by Yasmin El-Beih

Cairo University Professor Tamer Fouad joined Minister of Housing, Utilities, and Urban Development Mostafa Madbouly in a meeting to showcase his design plan for Aboul Reesh Children’s Hospital in New Beni Soueif, according to the ministry's statement

Six deals Signed Between Egyptian-Belarusian Companies

• Wednesday, 18th January 2017
• by Yasmin El-Beih

Ministry of International Cooperation confirms Egypt and Belarus signing six deals in the areas of tractors, heavy and agricultural equipment on January 16

Darwish: Four EGP 4bn Reconciliations Completed, Ain El-Sokhna

• Wednesday, 18th January 2017
• by Yasmin El-Beih

Four out of five reconciliations have been completed in Ain El-Sokhna city with a total cost of EGP 4bn, Chairman of the General Authority for Suez Canal Economic Zone, Ahmed Darwish, announced at Cityscape’s Business Breakfast on January 17.

Public Transportation to be Increased, 6th of October City

• Tuesday, 17th January 2017
• by Yasmin El-Beih

With around 95 thousand social housing units due for delivery in the second half of the current year, the Public Transport Authority is to increase public transport lines in 6th October City, Invest-Gate reports.

Porto Dead Sea to launch in September

• Tuesday, 17th January 2017
• by Yasmin El-Beih

Amer Group heads east to launch its first project, Porto Dead Sea, in Jordan, Invest-Gate reports. Amer Group is to inaugurate the first phase of Porto Dead Sea in September, the Group’s Brand Manager Alaa ElBarbary told Invest-Gate.

Egypt to Expand in Urban Development to Meet 2052 Vision

• Tuesday, 17th January 2017
• by Yasmin El-Beih

Egypt is expected to increase urban development on 10,000 km of lands each three years in efforts to demolish slums and accommodate the rising Egyptian population that is expected to reach 160 million citizens by 2052, stated Fathallah Fawzy co-founder of MENA Group and former chairman of El Mostakbal Company for Urban Development at Cityscape’s Business Breakfast, Invest-Gate reports

Tourism Sector to Flourish more than Residential, Office Sectors in 2017

• Tuesday, 17th January 2017
• by Yasmin El-Beih

The recent EGP float has resulted in a 23% inflation, which is expected to increase to 25%, affecting the prices of residential units which have increased by 30%, according to JLL’s Head of MENA Research Craig Plumb who spoke at Cityscape’s Business Breakfast today about Egypt’s accomplishments in the real estate sector in Q4 of 2016 and the upcoming economic challenges that will meet the residential, tourism, retail, and office sectors.

Construction Works in New Administrative Capital City in Progress

• Tuesday, 17th January 2017
• by Yasmin El-Beih

The development of the first phase of the 10,500 acre New Administrative Capital City is commencing as onsite infrastructure is complete, allowing the New Urban Communities Authority (NUCA) to build several residential units alongside other potential developers, stated Ayman Ismail chairman of Administrative Capital for Urban Development Co. at Cityscape’s Business Breakfast today, Invest-Gate reports.

Suez Canal Zone’s developments to be Finalized Soon, East Port Said

• Tuesday, 17th January 2017
• by Yasmin El-Beih

General Authority for Suez Canal Economic Zone confirms the finalization of the development of lands east Port Said in the upcoming period, Invest-Gate reports.

Housing Ministry to Launch Offerings & Project Tenders for Developers Soon

• Tuesday, 17th January 2017
• by Yasmin El-Beih

The Ministry of Housing, Utilities and Urban communities will offer several land and partnership tenders in the upcoming period across the country with a return on investment worth of EGP 1,400 bn, Assistant Housing Minister for Technical Affairs Khaled Abbas said at the Cityscape Business Breakfast today, Invest-Gate reports.