News / Egypt

Chinese Company to Start Work on New Administrative Capital After Eid

Representatives from the Chinese construction company, CSCEC, will arrive this week to oversee the implementation of the New Administrative Capital government buildings.

NBE to Finance EGP 300M in a Syndicated Loan of EGP700M to Real Estate Project

The National Bank of Egypt agreed to co-finance a real estate company with EGP 700 million towards an EGP 2 billion project.

Ministry of Housing’s Request to Build in Forest Protectorate Approved

The Cabinet approved the Ministry of Housing's request to utilize land in the Petrified Forest Protectorate in Cairo to establish residential units.

Real Estate Prices Projected to Increase due to VAT, Pound Devaluation

The parliament's General Committee is currently discussing the approval or rejection of the value-added tax (VAT) law submitted by the government on August 28.

Hyde Park Offers 9 Construction Tenders to Accelerate Development

Hyde Park Real Estate Investment company is offering a total of nine construction tenders to hasten the construction and finishing of residential units in its projects.

Cairo Governorate to Launch Land Tenders for 250 Acres

The Cairo governorate is preparing to offer tenders for infrastructure and utility work on 250 acres for construction companies next month.

Arab Contractors Carries Out Infrastructure Project in North Africa for EGP 500 M

The Arab Contractors Co., an Egypt-based construction firm, is implementing infrastructure projects in North Africa for EGP 500 million, said Mohsen Salah, Arab Contractors Chairperson.

Ministry of Housing Extends Deadline for Supplementary Land Draw

Mostafa Madbouly, Minister of Housing, Utilities and Urban Communities, agreed to extend the deadline for booking land plots in the supplementary land draw tender to September 8.

EGP 125M Dahab-Nuweiba Road Maintenance Project Inaugurated

Minister of Transportation, Galal Said, and his Jordanian counterpart laid the foundation stone for a maintenance project designed to raise the efficiency of the 65 kilometer Dahab-Nuweiba road.

Engaz Seeks 1,000 Acres in Fayoum

Engaz for Real Estate Investment and Development is seeking 1,000 acres of land from the 1.5 million acres offered in Southern Fayoum.

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