Asian stocks slip on Thursday    Oil prices drop slightly on Thursday    Gold price rise on Thursday    US cuts China tariffs to 47%    Egypt urges ceasefire in Sudan as EU denounces RSF brutality after El-Fasher's capture    Al-Ahram Chemicals invests $10m to establish formaldehyde, derivatives complex in Sokhna    Finance Ministry introduces new VAT facilitations to support taxpayers    Egypt to launch national health tourism platform in push to become Global Medical Hub by 2030    Kuwaiti PM arrives in Cairo for talks to bolster economic ties    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    CBE governor attends graduation ceremony of Future Leaders programme at EBI    Counting Down to Grandeur: Grand Egyptian Museum Opens Its Doors This 1st November    Egypt, Medipha sign MoU to expand pharmaceutical compounding, therapeutic nutrition    Egypt establishes high-level committee, insurance fund to address medical errors    In pictures: New gold, silver coins celebrate the Grand Egyptian Museum    Pakistan-Afghanistan talks fail over militant safe havens    Sisi expands national support fund to include diplomats who died on duty    Egypt's Foreign Ministry voices appreciation for Sisi's gesture for diplomats who died on duty    Al-Sisi reaffirms Egypt's commitment to religious freedom in meeting with World Council of Churches    Egypt joins high-level talks in Riyadh to advance two-state solution for Palestine    Health Ministry outlines medical readiness for Grand Egyptian Museum opening 1 Nov.    Madinaty Golf Club to host 104th Egyptian Open    Egypt becomes regional hub for health investment, innovation: Abdel Ghaffar    LG Electronics Egypt expands local manufacturing, deepens integration of local components    Egypt medics pull off complex rescue of Spanish tourist in Sneferu's Bent Pyramid    Egypt Open Junior and Ladies Golf Championship concludes    Treasures of the Pharaohs Exhibition in Rome draws 50,000 visitors in two days    Al-Sisi reviews final preparations for Grand Egyptian Museum opening    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Syria releases preliminary results of first post-Assad parliament vote    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Cooperation agreement signed between Housing Ministry, Cairo governorate regarding compensations for Maspero Triangle
EGP 443.360m provided on three portions to the beneficiaries: Khaled Sedek
Daily News Egypt Published in Daily News Egypt on 15 - 08 - 2017

Minister of Housing, Utilities, and Urban Development Moustafa Madbouly, Cairo Governor Atef Abdel Hameed, and Deputy Minister of Housing Ahmed Darwish have signed an extension of the agreement of cooperation to be carried out between the Slums Development Fund (SDF) and Cairo governorate regarding material compensations for occupants of the residential units in the Maspero Triangle area of the Bulaq neighborhood in Cairo.
The signing took place between Khaled Sedek, the executive director of the SDF, and Mohamed El Sheikh, the Secretary General of Cairo governorate on behalf of the governor.
"The agreement's extension aims to provide cash compensations to occupants of the Maspero Triangle area. The compensation would be provided based on the number of rooms in each home, according to what the steering committee came to," Sedek said.
He added that there was an agreement that the articles of this contract would provide cash compensations to occupants of Maspero Triangle after reviewing the records of the beneficiaries by the concerned departments in Cairo governorate, based on what the occupants sign for, according to law No. 119 for year 2008 and the executive regulations.
Khaled Sedek explained that the responsibility of the SDF is represented in providing the funding needed for the total cash compensations to be provided to occupants based on the available amounts in the fund, with a total value of EGP 443.36m provided in three portions. The first portion would be worth EGP 200m, the second worth EGP 150m, and the third worth EGP 93.36m.
Cairo governorate is committed to paying the available amount of funding from the fund to fulfill the purpose it was allocated for, while also committing to all financial laws and regulations.
The governorate is also committed to settling all available funding installments from the fund based on the records of beneficiaries that are approved by concerned committees.

Clic here to read the story from its source.