News / Government

New Aswan Sees 66 Villas Done, 84 Others in Store for Mid-2021

Merely 66 fully-finished villas overlooking the Nile River, nestled within New Aswan's in-progress 6,000-meter-long tourist strip, have been delivered, with 84 others in the pipeline for handover before July 2021.

New Cairo Awaits Completion of 1,625 Dar Misr Units Next January

Vice President of New Urban Communities Authority (NUCA) Abdulmutallab Mamdouh has inspected work on phase II of New Cairo's Dar Misr middle-income housing project, affirming that 1,625 apartments (69 residential buildings) are set for delivery starting from January 2021.

PM Reviews Development of Egypt’s Provincial Capitals, Major Cities

Prime Minister Mostafa Madbouly has held a meeting to review the development project of Egypt’s provincial capitals and major cities, in line with the presidential directives for the optimal utilization of state assets and provision of new services and projects.

El-Sisi Mandates Addition of 3,300 Housing Units Nationwide

President Abdel-Fattah El-Sisi has mandated the implementation of additional 3,300 housing units nationwide, as part of the “Residence for All Egyptians” national project, and as an extension to the state's "Ahalena" social housing project in the vicinity of Ibrahim El Orabi Axis.

Gov’t Reclaims 15-Acre State Land Near Madinaty

Head of New Cairo Development Authority Amin Ghoneim has embarked on a massive campaign to forcibly remove encroachments on state-owned lands, mainly recovering a 15-acre plot opposite to Madinaty, northeast Cairo.

Over 9,000 Homes for NAC Employees Almost 92% Done

Merely 9,024 apartments (376 residential buildings) are almost 91.5% complete in Badr City, which are designated for the first batch of government employees to move to the New Administrative Capital (NAC) upon operation of the new city's ministerial district.

Gov’t Reviews Ways to Create New Construction Permit System

An expanded ministerial meeting to discuss ways to develop a new construction permit system that tightens control procedures, particularly using modern technology, bidding to move ahead of the six-month conceptual planning phase to fast-track urbanization.

El Gazzar Explores Ways to Rush Execution of New Alamein’s UNIL Campus

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has held an expanded meeting to discuss ways to begin implementing the international branch campus (IBC) of Egypt's first hospitality management school in New Alamein, or Swiss-based "University of Lausanne (UNIL)."

SHMFF Attempts to Automate its Real Estate Financing Services

The Social Housing and Mortgage Finance Fund (SHMFF) has signed a cooperation protocol with the Ministry of Communications and Information Technology to automate its services, in a move aimed at developing a digital real estate financing system.

Gov’t Pledges EGP 10 bn for Housing Sector: Cabinet Spokesman

Cabinet Spokesman Nader Saad has confirmed the allocation of EGP 10 bn for phase I of the development project of Egypt's provincial capitals and major cities, in line with the presidential directives for the optimal utilization of state assets and execution of new services and projects.

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