Development Tenders to be Offered within Several Cities

• Monday, 12th December 2016
• by Farah Montasser

Tenders will be offered to the Egyptian Federation for Construction & Building Contractors (FCBC) members, to develop different infrastructure projects within the social housing project at New Borg El Arab City, according to Head of the City’s Authority Ahmed El Desouky, reported Al Mal

ARCO Pursues Development in New Administrative Capital

• Monday, 12th December 2016
• by Farah Montasser

With more lands up for grabs next year, ARCO for real estate development is pursuing investment in the new Administrative Capital City, reported Al Borsa

Social Housing Land Plots to be Allocated December 19

• Monday, 12th December 2016
• by Farah Montasser

Egypt’s social housing project continues with more land plots to be offered through a public lottery held from December 19 until December 27, according to a statement from Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly

Housing Projects for Youth to be Developed in New Valley

• Sunday, 11th December 2016
• by Invest Gate

A total of 421,700 square meters of housing projects across three villages in New Valley governorate have been dedicated for youth at affordable prices, announced to Governor of New Valley Mahmoud Ashmawy, according to Al Borsa.

Cabinet Approves Deadline Extension for Real Estate Projects

• Sunday, 11th December 2016
• by Invest Gate

Following numerous requests from contractors to postpone projects delivery dates, the Egyptian Cabinet has agreed to extend deadlines on real estate projects, according to Head of the Egyptian Federation for Construction & Building Contractors Hassan Abdel Aziz, Al Mal reported.

Social Housing Projects Progress in Several Governorates

• Wednesday, 7th December 2016
• by Farah Montasser

The Ministry of Housing, Utilities, and Urban Communities has reopened the window for applications for applicants who previously applied for social housing units but were unable to obtain them in 6th of October and New Cairo, in efforts to sell the remaining 125,000 units in the social housing program, reported Al Borsa

Ardic Sells 600 Units in Zizinia New Cairo

• Wednesday, 7th December 2016
• by Farah Montasser

Ardic for Real Estate Development has sold a total of 600 out of 1,800 units in its Zizinia project in New Cairo, and is studying increasing the EGP 8,000 price per meter square as a result of the recent economic decisions, reported Al Borsa

Coldwell Banker to Promote Projects Worth EGP 7 bn in 2017

• Wednesday, 7th December 2016
• by Farah Montasser

Coldwell Banker expects to promote projects worth EGP 7 bn during 2017, compared to EGP 5.5 bn during 2016, reported Al Borsa

Integrated Group To Develop Villa 55 Resort in Sharm El Sheikh

• Wednesday, 7th December 2016
• by Farah Montasser

The Integrated Group for Real Estate Development (IGRED) has launched its latest 100,000- square-meter resort, named Villa 55, in Nabq Bay, Sharm El Sheikh at a total cost of EGP 420 mn, reported Al Mal

NUCA Prices New Cairo Land Plot for EGP 5,500 Per Meter

• Tuesday, 6th December 2016
• by Farah Montasser

The New Urban Communities Authorities (NUCA) has priced a-155-acre-land plot in New Cairo for EGP 5,500 per meter square, according to unnamed sources in NUCA, Al Borsa reported