News / Egypt

Nahda Tunnel to be Finalized Soon

Giza Governorate allocates EGP 100 million to commence construction works on Nahda Tunnel, located near Cairo University in Giza, Invest-Gate reports

Several Developments to be tendered, New Cities

Around 10 tenders offered to developer mixed-use projects across several cities, Invest-Gate reports

IMF Predicts Egypt’s Inflation to Fall This Year

The International Monetary Fund IMF predicts Egypt's inflation to drop during the second quarter of 2017, state owned news portal, Ahram Online reported

GAFI to Tender Numerous Land Plots, Red Sea

General Authority for Investment and Free Zones (GAFI) is to offer 10 mn square meters of land in the governorate of the Red Sea for industrial and tourist projects on January 22, AlBorsa News reported

Alhafda Egypt-Kuwait to Invest EGP 1 bn in 2017, Administrative Capital

Alhafda Egypt-Kuwait for Construction and Décor is to invest a sum of EGP 1 bn on residential projects at the Administrative Capital and the new cities in 2017, Al Borsa reports

EWRA Drafts Law For Better Quality Services

A new law is currently being drafted and discussed at Parliament to protect and maintain water regulatory services for citizens across the country, denying rumors of it being privatized, the Egyptian Regulatory Agency announced

El-Sisi Inaugurates The Renovated Islamic Art Museum

President Abdel-Fattah El Sisi inaugurated the Islamic Art Museum on January 18, following the finalization of its renovations in Abdeen

Commercial Units to be Offered at Auction, New Damietta and Badr City

Six stores and a pharmacy, ranging from 15 to 33 square meters will be put up for auction in the average housing market "Dar Egypt,” announced Adel ElDesouqy, head of the Authority for Developing Badr, Ministry of Housing, Utilities, and Urban Development announced

Madbouly Receives Design Plan for Aboul Reesh Hospital in Upper Egypt

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

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

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