Tahya Misr Fund Spends EGP 1 bn on Al Asmarat Project

Egypt’s Tahya Misr Fund has contributed EGP 1 bn to the development of the social housing project on Mokattam Hills, or "Al Asmarat," which comes to provide decent homes for more than 80,000 slum dwellers.

Gov’t Almost Finishes 1,128 Homes at Badr City’s Dar Misr Project

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has revealed that 1,128 residential units (47 buildings) within phase II of Badr City's Dar Misr middle-income housing project are 95% complete ...

El-Sisi Inaugurates Al Asmarat 3 for Slum Residents

President Abdel-Fattah El-Sisi has inaugurated phase III of Mokattam's Al Asmarat housing project, which comes on the back of the state's efforts to combat informal settlements and build new homes for slum residen ...

Egypt to Invest EGP 512 bn in Metro Projects Until 2024: Minister

Egypt's transport ministry intends to pump EGP 512 bn into 22 subway projects over the next four years, as the country's rapid transit system marks a vital plank of the state's infrastructure development program. ...

Gov’t Executes 489 Potable Water, Sewerage Projects in 6 Yrs

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has indicated that 489 water and wastewater projects have been implemented across the country, with costs totaled at EGP 58.5 bn, in the last s ...

ISDF Concludes Work on Ismailia Fish Market: El Gazzar

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that Egypt’s Informal Settlements Development Fund (ISDF) has concluded the modern fish market project in Ismailia province.

Egypt Kicks Off FY 2020/21 with Largest-Ever State Budget

Egypt's Ministry of Finance kicked off the FY 2020/21 state budget on July 1, estimated at EGP 2.2 trn, marking the largest in the country's history.

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 to Revitalize 15 Informal Areas in Suez

Suez Governor Abdel Mageed Saqar and Executive Director of the Informal Settlements Development Fund (ISDF) Khaled Siddiq have inked cooperation agreement to revitalize 15 slums in Suez.

Phase I of Badr City’s Sakan Misr Almost Complete: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that phase I of Badr City's Sakan Misr middle-income project, which comprises 1,272 apartments, reached a completion rate of 96%. ...

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