Madbouly notes that the government will consider projects finished when they're 85% complete, down from 90% previously, giving developers the chance to complete the remaining 15% of construction at their own pace ...
The Egyptian government increases the price of natural gas supplied to the cement industry by 109% to $12 per million British thermal units, Invest-Gate reports.
The Minister of Housing, Utilities, and Urban Communities Essam El-Gazzar states that the councils of new cities launched measures to prepare for the coming winter season, Invest-Gate reports.
Prime Minister Mostafa Madbouly, accompanied by Dr. Assem El-Gazzar, Minister of Housing, inaugurate the first phase of I-City project in New Cairo implemented by Mountain View.
For the first time in Egypt, Al Qubbah Presidential Palace will host the fourth edition of the real estate fair, “The National Expo 2021”, as a major real estate event during the period July 9- 11.
A record of 2,485 secondary and ready property transactions worth USD1.67 bn have taken place in December 2020, increasing the total value of the fourth quarter sales in Dubai to USD5.99 bn
The Central Bank of Egypt (CBE) has successfully secured more than EGP 21 bn in investments from the EGP treasury bills (T-Bills).
Planning and Economic Development Minister Hala El Saeed revealed the government is preparing a new stimulus package that will be similar to the EGP 30 bn approved during the 2008/2009 financial crisis
President Abdel-Fattah El-Sisi said on March 22 the Central Bank of Egypt (CBE) will allocate EGP 20 billion to support the stock Exchange during the economic slowdown caused by the coronavirus pandemic
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