Egypt Economic Summit Returns for 2nd Edition in December

The nation's biggest Economic Summit is back for a second run on December 2 at St. Regis Cairo, under the auspices of Prime Minister Mostafa Madbouly, starring more than 20 keynote speakers and influential leaders ...

GAFI Ratifies USD 1.1 bn New Projects in 9M

The General Authority for Investment and Free Zones (GAFI) signed off on the execution of 31 new investment projects across Egypt during the first nine months of 2020, at a total cost of USD 1.1 bn (EGP 17.2 bn). ...

Trial Operation of Egypt’s 1st Monorail Set in Mid-2021: Minister

Transport Minister Kamel El Wazir has announced that the trial operation of Egypt's first monorail, which connects El Salam City with the New Administrative Capital (NAC) and 10th of Ramadan City, will kick off ar ...

Reconciliation Period for Building Violations Extended Another Month

Egypt's Cabinet has issued a decree to extend the deadline to receive reconciliation requests for building violations for another month, to end next November.

NUCA Allocates 53 Mixed-Use Plots in 22 New Cities

The Board Directors of the New Urban Communities Authority has approved on its meeting with Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities via video conference the allocation of 53 plots in ...

Ras El Hekma to See New Alamein-Like Towers: Minister

Marsa Matrouh Governorate will see the new Ras El Hekma city be developed as a fully-fledged urban area to provide some prosperous investment grabs, with designs akin to the North Coast's New Alamein.

Egypt Receives 300,000 Tourists Since July: EJB President

The Egyptian Junior Business Association (EJB) has uncovered that Egypt has seen a substantial number of tourist arrivals in the recent period, despite the ongoing COVID-19 crisis, with almost 300,000 visitors che ...

Egypt Secures Almost USD 226 mn for Civil Aviation Projects

The Egyptian Ministry of International Cooperation's funding portfolio from development partners for local civil aviation sector projects currently stands at almost USD 225.7 mn (EGP 3.54 bn).

El Gazzar Reviews Updates on Ain El Sira Lake Project

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has inspected work underway on the comprehensive development project of the historic Ain El Sira Lake to keep abreast of the recent updates on- ...

New Assiut Preps for Long Winter Ahead

Preparations for the upcoming winter months in New Assuit is well underway, as part of the state's directives to protect citizens and preserve investments and real estate wealth amid the season's heavy rains and f ...

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