Deputy Minister of Housing Meets Swedish Ambassador in Cairo

The Deputy Minister of Housing meets the Swedish Ambassador in Cairo to discuss the joint cooperation in establishing smart cities, smart sustainable transport and seawater desalination.

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). ...

Emaar Misr Gets Nod on EGP 40 bn Investment Zone

The General Authority for Investment and Free Zones (GAFI) has ratified the establishment of a new investment zone for Emaar Misr for Development, with EGP 40 bn worth of investments.

Real Mark Joins Aqari Exhibition With Big Property Portfolio

Egypt-based Real Mark Company, an affiliate of Holding Company for Construction and Development (HCCD), is participating in Aqari Exhibition, which is taking place from October 1 to 4, to market a portfolio of pro ...

Egyptian Real Estate Sees Buoyant Demand: Fitch Solutions

Fitch Solutions said the introduction of 20 new cities across Egypt, along with the upgrading of 23 existing areas, is stirring up demand for Egyptian real estate, in the face of Coronavirus headwinds.

Gov’t Inks EUR 1.14 bn Operation Contract for Cairo Metro Line III

The National Authority for Tunnels (NAT) has inked a EUR 1.14 bn (EGP 21.4 bn) contract with French transportation firm RATP Dev to run and operate Cairo Metro Line III.

Cabinet Ratifies Building Investment Zone in Uptown Cairo

The Egyptian Cabinet has approved Emaar Misr's request to implement a 64-acre investment zone in its flagship project on east Cairo's Mokattam Hills, or "Uptown Cairo."

Dawi Clinics Sets Foot in Nile Delta

Outpatient healthcare services provider Dawi Clinics expands outside the capital city and set foot into the Nile Delta, opening a new branch in Tanta.

Egypt Earmarks EGP 93.5 bn for Healthcare in FY 2020/21

Minister of Planning and Economic Development Hala El Saeed has uncovered the allocation of EGP 93.5 bn to the Egyptian healthcare sector in the FY 2020/21 budget, reflecting a 28% hike from allotments of the year ...

Gov’t Imposes 6-Month Ban on Building Permits

Local Development Minister Mahmoud Shaarawy has announced a six-month ban on construction permits in various urban cities, including Greater Cairo and Alexandria, pending verification of complying with building co ...

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