Minister Says EGP 4 trn Projects to be Implemented in 7 Yrs

Egypt’s Minister of Planning and Economic Development Hala El Saeed said 25,000, projects worth over EGP 4 trn will have been implemented during the period from July 2014 to December 2021

Over 6,000 Housing Units Put Forth in 13 New Cities

The online reservation of 6,101 residential units, located in 13 new cities within Sakan Misr and Dar Misr middle-income housing projects, has commenced as part of the state's plans to accommodate families of all ...

Company Registration 1st Step for Direct Land Allocation: Minister

Investors eager to get mixed-use land plots through the New Urban Communities Authority's (NUCA) new direct allocation system should initially set up a company (joint-stock, solidarity, or individual) that engages ...

Amer Group Intends on A New Minya Tourism Venture

One of the highly anticipated cities to form the new map of Egypt, New Minya, to see major real estate and tourism developments soon

Upper Egypt Sees 9 New Cities Underway

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said works on nine new cities in upper Egypt are currently underway, with total investments valued at EGP 11 bn

Porto Group to Implement EGP 3 bn Project in Assiut

Porto Group's subsidiary, Porto Assiut Tourism Development, has signed an agreement with New Urban Community Authority (NUCA) to purchase a land plot in Assiut, Upper Egypt, for the implementation of an EGP 3 bn p ...

New Aswan Sees EGP 1.2 bn Investments Since 2014

Egypt has pumped investments worth EGP 1.2 bn in New Aswan since 2014 up to date, compared to a total of EGP 750 mn beforetime

Gov’t Allocates 15,000 Acres for New City in Minya

Egypt's Supreme Council for Planning and Urban Development has approved allocating 15,000 acres for setting up a new city in the Upper Egypt governorate of Minya, dubbed "New Bani Mazar," aiming to develop an urba ...

Egypt Invests EGP 1.3 bn in Neediest Villages in FY 2018/19

Deputy Minister of Planning and Administrative Reform Ahmed Kamaly said Egypt has carried out investments worth EGP 1.3 bn in 158 most needy villages during FY 2018/19, benefitting merely 2.5 mn citizens residing ...

President Sisi Approves FY 2019/20 Budget: Official Gazette

The Egyptian official gazette has officially released that President Abdel-Fattah El-Sisi ratified the FY 2019/20 state budget, effective as of July.

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