Egypt's Minister of Planning and Economic Development Hala El Saeed has confirmed that the total value of potable water and sewerage treatment projects in Port Said, Damietta, and Ismailia has so far amounted to EGP 2.164 bn.

The General Authority for Investment and Free Zones (GAFI) has ratified the establishment of a new investment zone for Emaar Misr for Development, with EGP 40 bn worth of investments.

Abdul Muttalib Mamdouh, Vice President of the New Urban Communities Authority (NUCA), has inspected the ongoing projects in the new cities of Damietta and Mansoura, accompanied by Kamal Bhagat, assistant Vice President of the authority, authority officials, and Mohamed Ragab, head of the New Damietta City Development Authority, Invest-Gate reports.

The European Investment Bank (EIB) considers extending an EUR 90 mn loan to refine the Tanta-Mansoura-Damietta rail line, which is currently undertaken by the Egyptian government at costs amounted to EUR 193 mn.

The board of directors of Social Housing and Mortgage Finance Fund has approved offering more than 9,834 residential units in Port Said and Damietta provinces, with areas varying between 105 and 120 square meters, as part of the state's efforts to provide a plethora of both social housing and investment units.

Deutsche Hospitality has revealed plans to open two hotels in Egypt in 2019, bringing the total of its hotel openings in Egypt this year to three properties.

Damietta Furniture City Company and Abdulmohsen Al Hokair Group sign a memorandum of understanding to establish a number of projects in Damietta, Al Arabiya news website reports.

The government plans to develop unsafe areas in Damietta, Invest-Gate reports.

Minister of Housing and Urban Development Mostafa Madbouly is announcing the completion of sewage lifting stations and expulsion lines in eight villages in Damietta, Invest-Gate reports.

A new investment zone spanning an area of 331 feddans is to be established in the New Damietta City for furniture, Invest-Gate reports.