Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Egypt Approves Selling Land Plots in Dollars from Abroad

Wed 27 Mar 2024 | 09:59 PM
Taarek Refaat

The Egyptian Cabinet announced the approval of requests to allocate some plots of land to a number of companies, using the system of selling in US dollars from abroad, in various areas, with a number of (62) requests.

The decision came for thoes wishing to invest in residential, hotels, commercial, and administrative activities, as well as medical, urban, entertainment, textile, and food industries, in addition to car catering service station, playgrounds, and other activities.

The plots of land are mostly in new cities, including New Damietta, Hadaeq October, New Obour, New Assiut, New Sohag, New Cairo, New October, Badr, Shorouk, 10th of Ramadan, and New Burg Al Arab,