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State employees to move to Egypt’s new capital starting 1Q2020
Civil servants will gradually be transferred to the new administrative capital starting from 1Q2020, Deputy Housing Minister Khaled Abbas said,…
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AOI, Greater Cairo Water Company ink agreement to manufacture water pumps
The Arab Organization for Industrialization (AOI) and the Greater Cairo Water Company have signed an agreement to manufacture water pumps…
Africa Forum 2018 kicks off, Egypt inks agreements
The Africa Forum 2018 in Sharm kicked off yesterday. Among the takeaways from the many announcements of the past 24…
Housing Ministry in talks to push forward Real Estate Investment Law
The Housing Ministry is currently in talks with real estate representatives about a proposed law to regulate investments in the…
Decision to grant Egyptian residency to foreign homebuyers will not be applied retroactively
The Housing Ministry’s recent decision to grant residency to non-Egyptian homebuyers will not be applied retroactively, deputy minister Khaled Abbas…
Elsewedy Electric looks to build tech-focused university in Upper Egypt
Elsewedy Electric CEO Ahmed El Sewedy is looking to obtain land in Upper Egypt to establish a tech-focused university in…
Housing Ministry, CBE look to expand Mortgage Finance Fund by EGP 10 bn
The Housing Ministry is in talks with the CBE to extend the EGP 20 bn Mortgage Finance Fund with an…
Egyptian House of Representatives to debate tinkering with Investment Act, proposal to regulate ad industry loses steam, real estate developers could get state-sanctioned federation
** #7 LEGISLATION WATCH- Is the House looking to amend the Investment Act amid falling FDI? Worried about declining foreign…
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