Egypt Completes 612 Units, New Toshka City

• Monday, 6th February 2017
• by Farah Montasser

Minister of Housing, Utilities, Urban Communities Moustafa Madbouly announced the completion of 612 three-bedroom apartments of 143 square meters each in New Toshka City

Parliament Approves KWD 50 mn loan for Sinai Development Projects

• Thursday, 2nd February 2017
• by Farah Montasser

The House of Representatives approved a KWD 50 mn (approx. EGP 3.07 bn) loan on February 1, signed between Minister of International Cooperation Sahar Nasr and the Arab Fund for Economic and Social Development (AFESD) to develop agriculture in Sinai through land reclamation and well drilling

Foreign Purchases of T-bills Hike Post EGP Float

• Thursday, 2nd February 2017
• by Farah Montasser

Purchases of Egyptian T-bills hiked to EGP 10.2 bn by end of December 2016, compared to about EGP 226 mn at the beginning of 2016

2017 Population Census to Cost Less Than EGP 800 mn

• Thursday, 2nd February 2017
• by Farah Montasser

Head of the Central Authority for Mobility and Statistics (CAPMAS) Abou Bakr ElGendy expects the procedures of conducting Egypt’s population census in 2017 to be below EGP 800 mn

Several Developments to Take Place across Three New Cities

• Thursday, 2nd February 2017
• by Farah Montasser

Several construction tenders are to be allocated among contractors within the Egyptian Federation for Construction & Building Contractors across the cities of El Shorouk, New Cairo, and New Beni Suef

Giza Removes 21 Violations on Agricultural Lands

• Thursday, 2nd February 2017
• by Farah Montasser

The Giza governorate has managed to remove 21 violations conducted against agricultural lands located in Al Saf City through intensive campaigns held by local officials and city authorities

Social Housing Applicants to Transfer to New Cities Until February 15

• Thursday, 2nd February 2017
• by Farah Montasser

Approximately 924 applicants have transferred their applications to new cities within their registered governorates during the social housing project’s eighth offering; units are made available for reservation from now until February 15

ODH Delisting Not Subject to Swiss Takeover Law

• Wednesday, 1st February 2017
• by Farah Montasser

Orascom Development Holding (ODH) is not subject to the recently enacted Swiss Takeover Law

Egypt to Develop ‘One Million & A Half Acres Of Land’ Project

• Wednesday, 1st February 2017
• by Farah Montasser

Members of cabinet met with Prime Minister Sherif Ismail to discuss the “One Million & A Half Acres of Land” project, the ability to increase local production, and to followup on strategies to enhance production of companies in the public sector

Egypt to Add 50 Ferries along the Nile River across Many Governorates

• Wednesday, 1st February 2017
• by Farah Montasser

The Ministry of Transportation plans to supply 50 ferry boats along the Nile River and across 18 governorates