Real Estate Development Chamber Commends Government’s Response to Developers

Tarek Shoukry, Head of the Real Estate Development Chamber at the Federation of Egyptian Industries, and Undersecretary of the housing committee at the House of Representatives, thanks the Prime Minister and Minis ...

Egyptian Government Takes Measures to Support Real Estate Developers

Madbouly notes that the government will consider projects finished when they're 85% complete, down from 90% previously, giving developers the chance to complete the remaining 15% of construction at their own pace ...

Egyptian Cabinet Grants Golden Licenses to 8 Investment Projects

The licensed projects include a 100-MW green hydrogen plant in Ain Sokhna Industrial Zone at the Suez Canal Economic Zone (SCZone) with an investment cost of $135 million.

Madbouly Holds Meeting on Low-Interest Initiatives

Saad adds that the meeting explores a series of questions and inquiries related to the decree and the impact thereof on the initiatives of the private sectors of industries, agriculture, and contracting.

Egyptian Cabinet Ratifies Presidential Land Allocation Decree

The decree provides for the allocation of two pieces of land spanning 60.72 and 6.99 feddans in Manshiyat Naser and Rawdat Eilsaida 2, in Cairo.

PM Follows Up On NAC’s Projects

Prime Minister Mostafa Madbouly holds a meeting to follow up on the implementation status of the New Administrative Capital (NAC) projects

Reconciliation Period for Building Violations Extended Another Month

Egypt's Cabinet has issued a decree to extend the deadline to receive reconciliation requests for building violations for another month, to end next November.

Cabinet Ratifies Building Investment Zone in Uptown Cairo

The Egyptian Cabinet has approved Emaar Misr's request to implement a 64-acre investment zone in its flagship project on east Cairo's Mokattam Hills, or "Uptown Cairo."

Egypt Undertakes Almost 200 Paving Projects in 12 Cities

Transport Minister Kamel El Wazir has affirmed that phase I of Egypt's national pavement development program is currently being undertaken, involving 197 asphalt paving projects with a total length of 837.5 kilome ...

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