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Infrastructure 
Egypt wants everything top notch in new capital city
** #6 We aren’t the only developing country that’s building itself a new city: Overpopulation and poor infrastructure mean it’s…
Real estate
NUCA rescinds decision to seize land from 21 “distressed” factories
The New Urban Communities Authority (NUCA) has rescinded a decision to seize land from 21 investors from the New Cairo…
First phase of New Mansoura to attract EGP 45 bn in investments
The first phase of the New Mansoura project is expected to draw in EGP 45 bn of investments, New Mansoura…
Mariout Hills Development to invest EGP 8 bn in New Alamein developments
Real estate company Mariout Hills plans to invest EGP 8 bn in developing projects in a New Alamein, Chairman and…
Andalusia Group to establish new healthcare facility in New Alamein City
Healthcare provider Andalusia Group is planning to establish a new medical facility in New Alamein, and will purchase land from…
CIRA to build educational complex in New Alamein City
The New Urban Communities Authority (NUCA) has allocated a 14.3k sqm land plot for Cairo Investment and Real Estate Development…
Foreign embassies to be subject to reciprocal tax treatment on real estate tax
LEGISLATION WATCH- Foreign embassies to be subject to reciprocal tax treatment on real estate tax: When it comes to paying…
OUD eyeing 1H2019 IPO, plans to invest EGP 3 bn next year
** #5 IPO WATCH- Orientals for Urban Development eyeing 2019 IPO: Oriental Weavers sister company Orientals for Urban Development (OUD)…
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