News / Egypt

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

Darwish: Four EGP 4bn Reconciliations Completed, Ain El-Sokhna

Four out of five reconciliations have been completed in Ain El-Sokhna city with a total cost of EGP 4bn, Chairman of the General Authority for Suez Canal Economic Zone, Ahmed Darwish, announced at Cityscape’s Business Breakfast on January 17.

Public Transportation to be Increased, 6th of October City

With around 95 thousand social housing units due for delivery in the second half of the current year, the Public Transport Authority is to increase public transport lines in 6th October City, Invest-Gate reports.

Porto Dead Sea to launch in September

Amer Group heads east to launch its first project, Porto Dead Sea, in Jordan, Invest-Gate reports. Amer Group is to inaugurate the first phase of Porto Dead Sea in September, the Group’s Brand Manager Alaa ElBarbary told Invest-Gate.

Egypt to Expand in Urban Development to Meet 2052 Vision

Egypt is expected to increase urban development on 10,000 km of lands each three years in efforts to demolish slums and accommodate the rising Egyptian population that is expected to reach 160 million citizens by 2052, stated Fathallah Fawzy co-founder of MENA Group and former chairman of El Mostakbal Company for Urban Development at Cityscape’s Business Breakfast, Invest-Gate reports

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