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.

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 Egyptians” initiative.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced the pilot operation of the first phase of an EGP 500 mn sewerage treatment plant to serve a total of 450,000 people in Saqlata, east of Sohag, some villages in Akhmim and other neighboring areas.

The World Bank (WB) Group announced on April 30 a two-year extension to its 2015-2019 Country Partnership Framework (CPF) with Egypt, ending in 2021, aiming to maintain the momentum on the government’s reform efforts, which are supported under the strategy

Egyptians are taking up the lion’s share of the country’s second home market with foreign investors only accounting for 2%, Invest-Gate reports.