Shahawi Properties Takes Serious Precautions Against COVID-19

Shahawi Properties has been working to swiftly adapt during the COVID-19 outbreak by putting the safety of its clients first, as well as its employees, Invest-Gate reports.

Al Ahly Sabbour Contributes to Tahya Masr Fund to Combat COVID-19

Al Ahly Sabbour, the leading real estate developer, joined forces with the Tahya Masr Fund to supply COVID-19 patients with ventilators and a total of 75,000 test kits to help identify cases, Invest-Gate reports.

Utilities to be Installed in New Obour City: El Gazzar

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said that the most distinguished, social housing, and Bayt El Watan projects in New Obour City will see utilities installed

Sisi Issues Incentives to Minimize Impact of COVID-19

Egypt’s President Abdel-Fattah El-Sisi announced several measures to cushion the negative implications of the pandemic outbreak on the economy

Sadat City Sees 1,470 Units Completed by 80%: Official

The New Urban Communities Authority’s (NUCA) Vice President Kamal Bahgat said that Fardous Compound has seen 80% of its 1,470 social housing units finalized in Sadat City

Tourism Businesses Get New Tax Incentives

Hotels and other businesses in the tourism industry will be getting a three-month extension of their tax deadline, also without any penalties or late fees

EU Applies Tariffs on Glass Fiber from China, Egypt  

The European Union (EU) will apply tariffs of up to 99.7% on glass fiber producers in China and Egypt for selling at unfairly low prices

WB Provides USD 7.9 mn Emergency Fund to Egypt

The World Bank (WB) will release USD 7.9 mn in emergency funds to Egypt to help it fight the coronavirus (COVID-19) pandemic

SODIC Launches 1st Virtual Sales Platform in Egypt

Sixth of October for Development and Investment Company (SODIC) has launched the first virtual sales platform in Egypt

1,296 Units to be Delivered in New Cairo on April 14: El-Gazzar

Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar announced the delivery of 1,296 units of the “Sakan Misr” project, starting from April 14, Invest-Gate reports.

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