NUCA Halts All Public Auctions and Land Offerings Amid COVID-19

NUCA Halts All Public Auctions and Land Offerings Amid COVID-19

New Urban Communities Authority (NUCA) halts all public auctions and land offerings across in all new cities to counter COVID-19 until further notice, Invest-Gate reports.

As part of Egypt’s precautionary measures during this pandemic virus and its spread across Egypt, NUCA, too, halts all public all upcoming auctions and land offerings until further notice, as per its official statement on March 19. According to NUCA Deputy Mohamed Anwar Helal, the decision comes as part of the government’s precautionary procedure to fight COVID-19. Anwar confirms, “We will be announcing soon the new schedule for activities.” 

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