News / Egypt

Dispute over Endowments’ Lands to be Resolved Soon, Ismailia

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

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

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

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

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

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

Street Vendors to Receive Land Plots across Cairo

Governor of Cairo Atef Abdel Hamid has ordered Neighborhood's Heads across the city to offer a particular land plot dedicated to street vendors within each neighborhood in return for EGP 5 per day with the aim of promoting organization and security

Upper Egypt Housing Projects Updated

Approximately 66,000 social housing units have been completed in Upper Egypt to be followed by yet another 40,000 to be finalized across several governorates in the near futur

Egypt Spends Millions on Major Infrastructure Projects, Upper Egypt

Egypt has spent over EGP 600mn on infrastructure projects, including rural sanitation, electricity networks, and industrial waste management, across the country, eyeing Upper Egypt in efforts to attract further private investments

Fitch Rates New Egyptian Dollar Bonds ‘B’

Fitch Ratings has assigned Egypt's new senior unsecured bonds issued under the sovereign's Global Medium-Term Note programme 'B' ratings, Invest-Gate reports.

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