Orascom Development Inks Agreement with Egyptian Gov’t for El Gouna Projects

The agreement also grants the company the right to connect its lake network to the sea through two new water channels to naturally improve the water quality in its current and future projects, which positively imp ...

Gov’t Grants 3M Extension for Payment of Real Estate Arrears

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has approved the extension of full payment of residential and non-residential arrears to March 15, with fines exemption.

Talaat Moustafa to Provide 2 mn Egyptians with COVID-19 Vaccine

Talaat Moustafa Group (TMG) Holding CEO Hisham Talaat Moustafa has inked a cooperation protocol with the Egyptian health ministry to cover the costs of COVID-19 vaccines for about 2 mn unprivileged citizens, as pa ...

El Mostakbal Donates EGP 7 mn to Tahya Misr

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.

Ldp+Partners to Launch New Projects in the Egyptian Market

Ldp+Partners Architectural and Engineering Consultant supervises multiple real estate projects with an implementation value of USD 2 bn in Saudi Arabia with further expansion plans in the Egyptian market in 2021

Gov’t Extends Deadline for Property Tax Payment Until March-End

Egypt's Finance Minister Mohamed Maait has approved the extension of the deadline for filing real estate tax returns until the end of March 2021.

El Gazzar Calls for Regular Follow-Up on ‘Residence for all Egyptians’ Project

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has emphasized the need for adherence to deadlines and continuous follow-up on the construction of housing units in the “Residence for all Egyp ...

Deliveries at NAC’s Capital Residence to Start January 3: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has unveiled plans to deliver several housing units in Capital Residence, located in the New Administrative Capital's (NAC) R3 District, from J ...

New Aswan Sees 66 Villas Done, 84 Others in Store for Mid-2021

Merely 66 fully-finished villas overlooking the Nile River, nestled within New Aswan's in-progress 6,000-meter-long tourist strip, have been delivered, with 84 others in the pipeline for handover before July 2021. ...

New Cairo Awaits Completion of 1,625 Dar Misr Units Next January

Vice President of New Urban Communities Authority (NUCA) Abdulmutallab Mamdouh has inspected work on phase II of New Cairo's Dar Misr middle-income housing project, affirming that 1,625 apartments (69 residential ...

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