The ECB Expertise House announces collaboration with the Ministry of Transport, represented by the General Authority for Planning Transport Projects, to provide services of preparation of solutions and designs for the East Tafria – Port Said Railway Project, Invest-Gate reports.

Hisham Ibrahim, general manager of IMS (Investment and Management Solutions), signs an investment consultancy contract with T.H.A Development for the City Park project in Port Said, with EGP 220 mn investments, Invest-Gate reports.

With investments of EGP 300 mn, New Plan Developments finishes the first phase of Éclat in Port Said and launches its second phase

Coinciding with the 48th anniversary of the October victories, Assem El Gazzar, Minister of Housing, Utilities and Urban Communities, states that the Central Agency for Reconstruction has worked on 426 projects in Sinai and canal cities during the last seven years

New Plan Developments inaugurates Sahet Misr (Egypt Square) project, and hands over the first phase of the ÉCLAT project.

New Plan Developments has won the management of the Al Jazeera Casino project in Port Said governorate under the usufruct system for 20 years.

With a value of EGP 250 m, Equity Real Estate Development (ERED) subsidiary of Waterway Developments, launches Port Said's Palma project, mainly marked for renovation, to keep pace with the state development plan in the cities of the Suez Canal, Invest-Gate reports

New Plan Developments is currently in negotiations to take up its second real estate project in Port Said, as part of a cooperation protocol previously signed with the governorate.

Egypt's Minister of Planning and Economic Development Hala El Saeed has confirmed that the total value of potable water and sewerage treatment projects in Port Said, Damietta, and Ismailia has so far amounted to EGP 2.164 bn.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has met with Port Said Governor Adel Al-Ghadban to follow up on the various ongoing development projects driving economic growth and real estate investment to the Mediterranean city.