COVID-19 Affected 5 Sectors in Egypt: Al-Mashat

Minister of International Cooperation Rania Al-Mashat commented that the recent pandemic outbreak negatively affected five main sectors in Egypt, Invest-Gate reports.

NAC’s R3 Reaches 84% Implementation Rate: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar stated that the implementation rate of R3 in New Administrative Capital (NAC) reached 84%, Invest-Gate reports.

Gov’t Eases Payment of Health Sector Dues

Egypt’s Ministry of Finance issued new decisions regarding the payment of financial dues by the health sector amid the coronavirus (COVID-19) crisis

Egypt to Obtain USD 400 mn World Bank Facility

Egypt has started the procedures of obtaining a USD 400 mn World Bank facility to support the country’s health insurance system, Invest-Gate reports.

First Group to Launch New Project in May

Real Estate Developer “First Group” launches its newest development projects in Sheikh Zayed City, by the end of May 2020, Invest-Gate reports.

Badya Project is Underway in West Cairo: Official

Head of the New 6th of October City Development Authority Adel El Naggar highlighted the necessity to meet deadlines for implementing Badya residential project yet with high quality and efficiency

IMF Supports Egypt to Keep Economic Reform Program’s Gains

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva announced the fund's support for Egypt’s efforts to safeguard the achievements made by the economic reform program under the complete ...

Tourism Minister Revokes Hotel License Over Coronavirus Layoffs

Tourism and Antiquities Minister Khaled El Anany issued a decision on April 26 to revoke the license of a leading hotel in Sharm El-Sheikh after it laid off all workers due to the coronavirus pandemic

CED, Tazkarti Sign Protocol for Entertainment Services in New Alamein

City Edge Developments has signed a protocol with Egyptians for Marketing Services “Tazkarti”, one of the subsidiaries of United Media Services company, for the aim of beaches development and management, managing ...

Akam Asserts Employees Safety, Projects’ Completion

Egypt-based real estate developer Akam Developments has asserted the safety of its employees and workers as well as the completion of its planned development projects as scheduled

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