NUCA Approves EGP 145.5 Bn Budget for FY 2023/2024
Minister of Housing and Chairperson of the NUCA, Assem El-Gazzar, notes that the new budget is 139% higher than the budget approved for FY 2019/2020.
Egypt Targets Budget Deficit Decline to 6.3%: Minister
The Egyptian Finance Ministry expected budget deficit to shrink to 6.3% of the country's gross domestic product (GDP) in FY 2020/21, compared to the 7.2% target in the current budget
DLD Rolls Out Online Property Buying Calculator
Dubai Land Department (DLD) rolled out on July 22 Manzili (My Home) Calculator, an online tool that matches prospective buyers to new and off-plan properties that fit their solvency, based on their income and proj ...
Egypt Approves Largest-Ever State Budget
Egypt’s parliament approved on June 24 the FY 2019/20 budget starting in July, with spending set at EGP 1.6 trn, up EGP 150 bn from the current fiscal year, marking the biggest state budget in the country's histor ...
Moody’s Reveals Economic Forecasts for Egypt
US-based credit rating agency Moody's has announced its forecasts for the Egyptian economy, following the government's approval of the budget for the fiscal year 2020.
Egypt Aims to Reduce Budget Deficit to 7% in FY 2019/20
The Finance Ministry's FY 2019/20 draft state budget targets reducing Egypt's total budget deficit to 7% of the country's GDP, down from 8.4% in the current fiscal year, anticipating to see the deficit shrinking t ...
Minister of Housing Announces EGP 85 bn Budget for 2018/19, Largest in NUCA History
Minister of Housing Mostafa Madbouly announced the largest budget for the New Urban Communities Authority (NUCA) in its history, amounting to EGP 85 bn for the fiscal year 2018/2019, during his meeting with NUCA’s ...
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