The government is to inject more investments in startup incubators and risk management funds in order to lend more support to small- and medium-sized enterprises, Invest-Gate reports.
The government pledges to protect land plots in governorates across the country from encroachments, holding violators accountable, Invest-Gate reports.
Minister of Housing Mostafa Madbouly has taken off to Washington DC to participate in the annual meetings of the World Bank (WB) to discuss housing, utilities and urban development projects, Invest-Gate reports.
The government is planning to allocate a land plot spanning an area of 15 mn square metres for industrial purposes in 13 governorates this year with the aim of boosting the industrial sector, Invest-Gate reports.
There are 300,000 buildings in Egypt prone to collapse, Dr Hussein Gom’aa, head of the Egyptian Association for the Real Estate Heritage, told Invest-Gate.
The Real Estate Appraisal Association has requested that banks increase real estate assessment fees by 100% following the flotation of the Egyptian pound, reported Al Mal