Mohamed Ragab, head of the New Damietta Development Authority and supervisor of New Mansoura City, has inspected the implementation work to enhance the efficiency of the western entrance of the new city of Damietta and the extension road (A2), Invest-Gate reports.

Sherif Heliw, Chairman of Marseilia Group, says that 2020 was an exceptional year for the group and all Egyptian real estate development companies, Invest-Gate reports.

Tahya Misr Fund and Emaar Misr Company have signed a cooperation protocol to implement the sustainable development plan for Sidi Abdel Rahman village in Matrouh Governorate, Invest-Gate reports.

Head of New Damietta Development Authority Mohamed Ragab, accompanied by officials of the agency, inspects the work process of the new road network in New Damietta, Invest-Gate reports.

El Mostakbal for Urban Development has donated EGP 7 mn to Tahya Misr Fund to facilitate the provision of the newly-introduced Coronavirus vaccine to eligible groups.

Mohamed Ragab, head of the New Damietta Development Authority and the supervisor of the New Mansoura, has inspected the New Mansoura City, accompanied by Yasser Kahla, Deputy Head of the Agency, among other officials as part of the daily periodic follow-up of the projects at new cities, Invest-Gate reports. 

Master Group Vice-Chairman Mohamed Mounir has unveiled the addition of the company's third real estate development in the New Administrative Capital (NAC) to its project portfolio in Q1 2021, while also affirming expansion into Upper Egypt.

Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities, has stated that there is a tremendous demand on reserving the 125,000 fully finished housing units, Invest-gate reports.

Egypt's foreign reserves have increased to USD 38.425 bn at the end of September 2020 from USD 38.366 bn at the end of August, the Central Bank of Egypt (CBE) announced on October 7.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced the extension of working hours to 5 pm in the technological centers across new cities.