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Settlement includes five-year extension for project execution and unconditional letters of guarantee for required amounts
Dispute also settled with New Urban Communities Authority (NUCA) over land for the project by paying EGP192m
IDA will accept the applications from 24 August to 25 September, organisation head says
Interim president sets aside 885,000 acres for a new urban community in El-Alamein and 145,820 acres for water projects in Upper Egypt
Citizens have illegally seized 70,000 acres from the government, Ministry says
The agreement applies to mortgage companies that fund individuals who are willing to purchase or construct properties in new cities affiliated with the New Urban Communities Authority.
‘World Finance’ awards Egypt ‘Best Water Project, Middle East & Africa’ award