News / Egypt

Approximately 4,700 Homes to Replace Slums in Nahda City

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

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

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

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.

Giza to Develop 359 Projects

Giza launches a new project called “Mashrouk” or “Your Project”, which includes an overall of 1106 development projects, 359 of which have been approved by the Governor of Giza Mohamed Al Daly at a total cost of EGP 53.5 mn, Invest-Gate reports.

Madbouly Delivers Several Homes in Sadat City

Minister of Housing, Utilities, and Urban Communities Moustafa Madbouly delivers several social housing units in Sadat City and Menoufiya, Invest-Gate reports.

Nasr, New South Korean Ambassador Discuss Joint Projects

Minister of International Cooperation Sahar Nasr met with the new South Korean Ambassador Yoon Son Joe on February 14 to discuss potential joint projects, Invest-Gate reports.

Sharm El Sheikh Int’l Airport to be Developed for EGP 450 mn

The Egyptian cabinet has assigned Arab Contractors to develop Sharm El Sheikh International Airport’s terminal two at a cost of EGP 450 mn, AMAY reports.

Polish Investments to Prevail in SCZone

A Polish industrial zone will be implemented in the Suez Canal Economic Zone (SCZone) in an effort to establish a mixed society within the industrial zone and attract more Polish investments, Invest-Gate reports.

Special Housing Project to Develop, New Cairo

Around 48 tenders will be offered to construct a special housing project in New Cairo encompassing 5,700 residential units spread among 281 buildings, Invest-Gate reports.

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