News / Egypt

Madbouly to Announce Benefits for Egyptian Contractors

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly is offering new benefits for contractors contributing to the construction of national projects, Invest-Gate reports.

Palm Hills to Step Forward in Alexandria’s Real Estate Market

Palm Hills Developments (PHD) will create an integrated residential community in Alexandria encompassing 135 acres near the Al Nozha International Airport to be finalized by the end of 2017, Invest-Gate reports.

Emaar to Launch Crescent Parkside Residences in New Cairo

Emaar Misr is launching the Crescent Parkside Residences in New Cairo’s Mivida project, offering potential buyers the opportunity to provide a 5% downpayment and pay the remaining unit costs over six-year installments, Invest-Gate reports.

Major Water Treatment Plant Reopens in Maadi

A major water treatment plant in Maadi is reopening for operation following recent renovation at a total cost of EGP 165 mn, Invest-Gate reports.

Transportation Ministry Announces Plans in Upcoming Period

Prime Minister Sherif Ismail and Transportation Minister Hesham Arafat are mulling upcoming transportation sector development plans, Invest-Gate reports.

Metro Lines to Get 850 Smart Ticketing Machines

A total of 850 smart ticketing machines will be installed in the metro lines 1 and 2 by March,

Sadat City Sees EGP 4.4bn Investments

Sadat City has seen a total investment of EGP 4.4bn divided into EGP 1.234bn in the housing sector, EGP 333.3mn in the services sector, and EGP 2.838bn in the utilities sector

Several Projects in Pipeline, New Minya City

New Minya City is currently enhancing several existing schools in terms of safety and facilities, as well as developing institutions for high-honor roll students, Invest-Gate reports.

Housing Compensates Endowments for 11 Acres, Giza

The Ministry of Housing, Utilities and Urban Communities will allocate land in 6 October City as compensation to the Ministry of Endowments after it took over 11 acres in Ard El-Lewaa belonging to the Endowments Ministry, Invest-Gate reports.

Giza Opens 16 Schools within Upcoming Days

Giza is finalizing construction of 16 new schools across the governorate, including three schools in 6th of October City in cooperation with the General Authority for Educational Buildings, Invest-Gate reports.

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