The New Urban Communities Authority (NUCA) and the Future of Egypt Authority for Sustainable Development signed a cooperation protocol to develop land owned by both entities and pursue joint urban and investment projects.
Updated 9m3hModon Misr and Mwasalat Misr signed an investment and shareholders’ agreement to establish Mwasalat Modon Misr, a company that will operate smart and sustainable transportation systems across Egypt’s new urban cities.
Updated 18m3h
President Abdel Fattah El-Sisi issued a law reorganizing the Future of Egypt Authority for Sustainable Development after it was approved by the House of Representatives.
Updated 7/27/2026 3:27:00 PM
Egypt's House of Representatives approved a government-backed law on Tuesday, July 14th, granting the Future of Egypt Authority (FOE) for Sustainable Development administrative, financial, and technical independence while transferring its affiliation from the Ministry of Defence to direct presidential oversight.
Updated 7/15/2026 6:28:00 AM