News / Egypt

Egypt to Open Museum in Old Cairo’s Fustat

Egypt is planning to open a national museum in Old Cairo’s Fustat area to serve as a cultural center and scientific research hub protecting Egyptian heritage, Invest-Gate reports.

WB to Visit Egypt to Assess Investment Climate

A World Bank (WB) delegation will visit Egypt this month to assess the country’s investment climate as the government moves ahead with economic reform measures, Invest-Gate reports.

‘Ebny Beitak’ Returns, Under Conditions

The New Urban Communities Authority (NUCA) and Minister of Housing and Urban Utilities Mostafa Madbouly agreed to resume the trade of land plots in the “Ebny Beitak” project, but this time municipalities have set some conditions to regulate the process, Invest-Gate reports.

Nasr, Madbouly Visit Mall of Egypt Ahead of Launch

Minister of Investment and International Cooperation Sahar Nasr and Minister of Housing and Urban Utilities Mostafa Madbouly went on an inspection trip on February 28 to Majid Al Futtaim’s most recent USD 722 mn project, Mall of Egypt, Invest-Gate reports.

Emaar Misr to Launch Celesta Hills in Uptown Cairo

Emaar Misr is launching its new project Celesta Hills in Uptown Cairo at a downpayment of EGP 600,000 and six-year installments for the remaining costs, Invest-Gate reports.

Cityscape Egypt to Unveil New Real Estate Projects in 2017

Cityscape Egypt is to exhibit various new real estate projects from an array of developers including coastal residences, modern villas, and affordable apartments at its real estate industry event of the year on March 31

Electricity Generator Halfway Through, Administrative Capital

Approximately 61% of an electricity generator has been constructed, holding a capacity of 1600MW at the Administrative Capital

Arish’s Copts to be Relocated in Ismailia

Following the recent Arish, north Sinai, tragedy, the Ministry of Housing and Urban Communities is to relocate Copts in its El Mustakbel Project in Ismailia

Giza on Display at Mexico’s ‘Safe Cities’ Conference

The governorate of Giza showcases development updates commenced in Azbet El Hagan, Embaba, and Mansheet Nasr at the International Conference for Safe Cities held in Mexico on February 22

Cityscape: Economic Changes Facilitate Investment Opportunities

Developers attending Cityscape 2017 foresee that Egyptian economic reform has managed to present cheaper products to Egyptians abroad by 30% to 50% despite a decline in demand among local Egyptians, as Cityscape gears up for its upcoming exhibition

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