Administrative Court Rejects Qatari Diar’s Lawsuit to Cancel Sinai Project
The Administrative Court has rejected an appeal lodged by Qatari Diar to cancel its 30 mn square meter project in Sinai.
Egypt Receives First Segment of Saudi Loan for Developing Sinai
Egypt received EGP 2.664 billion ($300 million) from Saudi Arabia to develop the Sinai peninsula, announced Minister of International Cooperation Sahar Nasr.
SDA Develops Projects in Suez Worth EGP 220M
Sinai Development Authority (SDA) is developing projects in Suez governorate worth EGP 220 million, said Mohamed Al Saka, SDA President.
Housing Ministry to Develop 500 Units in Al Ruweisat Slum Area
The Minister of Housing, Utility, and Urban Communities, Moustafa Madbouly, agreed to the development of Al Ruweisat slum area, in South Sinai, through the execution of 500 residential units, for the area’s residents.
Parliament Approves King Salman’s Sinai Development Program
In a plenary session, the Egyptian parliament approved a report presented by the legislative and constitutional affairs committee on a Saudi-Egyptian loan for a development program of the Sinai Peninsula.
Sinai Witnesses EGP 3.8 B in Investments in FY 2016/2017
The Sinai Peninsula recently received a government investment worth EGP 3.8 billion, with 32 percent of the projects already implemented, the Sinai Development Agency stated, according to Daily News Egypt.
