Draft Law for Real Estate Development Should be Finalized in 2M: PM

Prime Minister Mostafa Madbouly gave directives to quickly finish the draft law that will regulate the real estate development activity within two months.

Completion of 2 Major Road Projects by Next April

Chairman of Sinai Reconstruction Authority Mohsen Saeed has unveiled that the June 30 Axis is 94% completed and is expected to be finalized by next April, while the implementation rate at western Assiut Plateau ro ...

Madbouly Reviews Latest Updates on New Cities

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly held a meeting with officials from the New Urban Communities Authority (NUCA) and the housing ministry’s leaders to follow ...

Egypt to Participate in France’s MIPIM 2019 Exhibition

Deputy Minister of Housing for National Projects Khaled Abbas has signed an agreement for Egypt's participation in France's leading real estate exhibition MIPIM 2019 for the first time, which will take place in Ca ...

Madbouly Orders Establishing Transport Regulation Unit for New Cities

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has issued a ministerial decree for the establishment of a unit to organize the new cities' transport networks

China’s CSCEC Plans to Train 10,000 Egyptian Construction Workers

Chairman of China State Construction Engineering Corporation (CSCEC), the company responsible for establishing the business and financial district in the New Administrative Capital (NAC), said the firm plans to tr ...

Alshaya Group to Open New Mall in Egypt

Prime Minister Mostafa Madbouly held a meeting with Alshaya Group's Executive Chairman Mohammed Abdul Aziz Alshaya to discuss further investment opportunities in Egypt

Madbouly Says Developing Maspero Triangle on Priority Agenda

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has urged to start the implementation of the development plan for Maspero Triangle area

New Garden City to be Built in New Capital: Madbouly

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly revealed that the R5 district, to be named the New Garden City, will be built on an area of 1,000 acres in the New Administ ...

Cabinet Approves Amendments to Real Estate Tax Law

Egypt's Cabinet, headed by Prime Minister Mostafa Madbouly, has discussed several issues including the implementation of the real estate tax and its valuation

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