News / Egypt

Collection of Property Taxes Goes Digital Soon

The government will launch an electronic payment system for the collection of real estate taxes soon, MENA reports.

Gov’t Launches Privileged Social Housing Project in New Cairo

The Egyptian government launches 1,320 residential units as part of its privileged social housing project located in New Cairo, Invest-Gate reports.

High Investor Turnout on Offered Residential Land Plots in Qena, Assiut

Foreign investors are scrambling to buy land plots offered by the government in Nasser City in Assiut and in western Qena City, Invest-Gate reports.

Exhibitors Display over 43 Projects at Cityscape 2017

The sixth edition of Cityscape Egypt this year features over 43 projects ranging from residential, commercial, offices, and hospitality projects, Invest-Gate reports.

Misr Italia Makes Exclusive Payment Offers for Cityscape Visitors

Egyptian real estate developer Misr Italia is offering visitors of this year’s Cityscape Egypt the opportunity to instantly own residential units in Mousa Coast project in the Red Sea by paying only EGP 15,000, Invest-Gate reports.

Steel Prices to Decline by EGP 300 on Average in April

Egypt’s steel factories are reducing their prices this month by an average of EGP 300 per ton, given the recession dominating the local market, Invest-Gate reports.

Cityscape Egypt Features High Turnout in 2017

The four-day Cityscape exhibition highlighted a recovery in the real estate market with a record-high turnout of visitors, Invest-Gate reports.

EBRD willing to Invest in SCZone

The European Bank for Reconstruction and Development (EBRD) is to invest in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.

Austrian, Spanish Loans Help Inaugurate Water Plants, June 30

The Ministry of Housing, Utilities and Urban Communities will hand over four water plants powered by an Austrian loan in Giza, Assiut, Sohag, and Aswan by June 20. It is also set to hand over two water plants powered by a Spanish loan in North Sinai and Matrouh, Invest-Gate reports.

Egypt Gets Second Tranche of AfDB Loan

Egypt received on March 31 the second tranche of USD 500 mn from the USD 1.5 bn loan financed by the African Development Bank (AfDB) over a three-year period as part of a comprehensive program to economically develop and support the government's socio-economic program, Invest-Gate reports.

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