News / Government

Minister of Housing Holds a Series of Meetings with Real Estate Development and Marketing Companies to Follow Up on Unit Sales, Deliveries, and Partnership Projects

Eng. Randa El-Menshawy, Minister of Housing, Utilities, and Urban Communities, held a series of meetings with the heads of real estate development and marketing companies, including City Edge Developments, Founders, and Saudi Egyptian Developers, at the New Alamein City Authority headquarters. The meetings aimed to follow up on the rates of marketing, sales, and delivery of units in projects belonging to the New Urban Communities Authority, as well as the status of partnership projects. The meetings were attended by Dr. Walid Abbas, Deputy Minister of Housing for Urban Communities, ministry officials, and the head of the New Alamein City Authority. The goal was to maximize the benefit from investments made in development projects and increase occupancy rates in new cities, Invest-Gate reports.

​”FRA” Decides to Allow “Syndicated Financing” in the Real Estate Finance Sector

Egypt’s FRA approves syndicated financing for real estate loans, allowing multiple lenders to jointly finance high-value properties while ensuring regulatory compliance and market stability.

Minister of Housing Inspects Qatari Diar – Egypt’s USD 29.7bn Alam El Roum Project

Egypt’s Housing Minister inspected Qatari Diar’s $29.7 billion Alam El Roum project on the North Coast, reviewing construction progress and smart city development plans.

Housing Minister Discusses Strengthening Cooperation with Germany’s BAMAG in Drinking Water and Wastewater Treatment Projects

Egypt’s Housing Minister Randa El Menshawy discusses cooperation with Germany’s BAMAG to develop drinking water and wastewater treatment projects using advanced technologies.

Minister of Housing Meets with Misr Italia Properties Officials to Discuss Investment Opportunities in New Cities

Egypt's Housing Minister met with Misr Italia Properties to discuss new investment opportunities, tourism projects, and strategic partnerships in Egypt's new cities.

Minister of Housing Chairs NUCA Board Meeting, Reviews Strategy Aligned with Egypt Vision 2030

Eng. Randa El-Menshawy, Minister of Housing, Utilities, and Urban Communities, chaired the Board of Directors meeting of the New Urban Communities Authority (NUCA), attended by Dr. Walid Abbas, Deputy Minister for Urban Communities, Eng. Ahmed Omran, Deputy Minister for Utilities, and senior ministry officials. The meeting reviewed NUCA’s executive work plan, key performance indicators, and priorities for the coming phase, in line with President Abdel Fattah El-Sisi’s directives to advance comprehensive urban development and strengthen the role of new cities as drivers of economic and social growth, Invest-Gate reports.

Minister of Housing Explores Cooperation Opportunities with Kalila Exhibitions and Conferences

Eng. Randa El-Manshawy, Minister of Housing, Utilities and Urban Communities, received Dr. Bassem Kalila, Chairman of Kalila Exhibitions and Conferences, the organiser of the Nile Property Expo, to discuss opportunities for mutual cooperation, particularly regarding the export of Egyptian real estate, Invest-Gate reports. 

With Investments of Nearly ‘USD 29 Million East Port Said Development Signs Two Usufruct Agreements for “Avilon” and ” STEELCON” Projects to Support Industrial Growth in the Region

East Port Said Development Company signed two usufruct agreements for two new projects within its industrial zone in East Port Said (EP), with "Avilon " and "STEELCON", during a ceremony held at the General Authority for the Suez Canal Economic Zone. This step reflects the continuous investment flow witnessed by the region and confirms its success in attracting diverse productive projects that support the manufacturing sector and export growth in Egypt. The total investments of the two projects amount to approximately USD 29 million, and they are expected to provide 250 direct jobs and 70 indirect jobs, enhancing economic activity and supporting comprehensive development goals, Invest-Gate reports.

Minister of Housing: Egypt Has Strong Investment Advantages That Make It One of the Most Attractive Markets for Investment

The government has taken tangible steps during the past years to improve the investment climate. Any challenges or obstacles that may face investors are dealt with very seriously and quickly through direct communication and continuous coordination between the different concerned entities, Invest-Gate reports.

Minister of Housing Discusses Cooperation Opportunities in Urban Planning with UK-Based Malcolm Reading Consultants

Eng. Randa El Menshawy, Minister of Housing, Utilities and Urban Communities, met with Mr. David Hamilton, Project Director at Malcolm Reading Consultants, to discuss opportunities for joint cooperation in the field of urban planning. The meeting took place on the sidelines of her participation in the conference “Egypt Forward: Investment Opportunities and Sustainable Economic Reform,” organized by the British Egyptian Business Association (BEBA) from June 3 to 5, 2026, in London, Invest-Gate reports.

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