state-owned land

Committee: TMG should be charged almost LE14 billion in housing units
Business

Committee: TMG should be charged almost LE14 billion in housing units

The legal committee tasked with re-evaluating land associated with the Madinaty urban development project this week recommended that the Housing…
Trade Minister: Govt to devise new system for allocation of state land
Business

Trade Minister: Govt to devise new system for allocation of state land

Trade and Industry Minister Rachid Mohamed Rachid on Tuesday announced that the government was in the process of devising a…
Committee to present legal findings on state land violations by year-end
Business

Committee to present legal findings on state land violations by year-end

The government has set a December deadline for a technical committee formed by the Agriculture
Government resells Madinaty land to TMG for nearly LE10 billion
Egypt

Government resells Madinaty land to TMG for nearly LE10 billion

Egypt's Council of Ministers has agreed to invalidate the original land contract for the Madinaty urban development project and resell…
TMG resists proposal to purchase land at marked-up prices
Business

TMG resists proposal to purchase land at marked-up prices

The Talaat Mustafa Group (TMG), owner of land earmarked for the Madinaty urban development project, welcomed recommendations made by a…
Madinaty project should be restored to TMG, govt committee recommends
Egypt

Madinaty project should be restored to TMG, govt committee recommends

A special legal committee formed by the government to resolve the crisis surrounding the Madinaty urban development project submitted its…
Foreign investors give govt 15 days to resolve Madinaty land case
Egypt

Foreign investors give govt 15 days to resolve Madinaty land case

Foreigners that have invested in the high-profile Madinaty urban development project officially notified the Egyptian government on Sunday that it…
Alleged building breaches on state land to be investigated
Egypt

Alleged building breaches on state land to be investigated

President Hosni Mubarak has ordered an investigation into alleged construction violations pertaining to luxury compounds currently being built on state-owned…
State land to be offered only on leasehold basis
Business

State land to be offered only on leasehold basis

Less than 24 hours after President Hosni Mubarak instructed the government to devise easy and transparent rules for the sale…
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