News / Government

IDA Intends for 13 New Industrial Zones Across Egypt

Chairman of Industrial Development Authority (IDA) Mohamed Zalat has unveiled plans for the establishment of 13 high-quality industrial zones across Egypt for entrepreneurs and small investors.

FRA Raises Mortgage Funding Limit to 15%

The Financial Regulatory Authority (FRA) has signed off on allowing Egypt-based mortgage finance companies to lend up to 15% of their capital base to an individual household, instead of 10% earlier.

Official Tours Ongoing Social Housing Projects in October Gardens

New Urban Communities Authority Communities’ (NUCA) Vice President Kamal Bahgat has followed up on the progress of ongoing projects in October Gardens, west Cairo.

Housing Ministry to Deliver Residential Plots in West Cairo

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has stated that the 6th of October City Development Authority will start handing over the most distinguished residential plots in the ninth district of the urban area.

El Gazzar Extends Working Hours in New Cities for Reconciliation

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced the extension of working hours to 5 pm in the technological centers across new cities.

Shorouk City Authority Receives 1,800 Reconciliation Requests

Abdul Raouf El Gheity, head of the Shorouk City Authority, confirms receiving 1,800 reconciliation requests.

NUCA VP Abdulmutallab Mamdouh Inspects NAC Utility Projects

Vice President of New Urban Communities Authority (NUCA) Abdulmutallab Mamdouh has inspected utility projects in the New Administrative Capital (NAC).

El Anany Inspects NAC Museum

Minister of Tourism and Antiquities Khaled El Anany had inspected the Museum of the New Administrative Capital (NAC) to follow up on new developments in preparation for the grand opening.

SHMFF Agrees to Offer 125,000 Housing Units Across Egypt

The Board of Directors of the Social Housing and Mortgage Finance Fund (SHMFF) has approved the offering of 125,000 residential units (100,000 social housing and 25,000 middle-income housing units), as part of phase I of President Abdel-Fattah El-Sisi's initiative to provide homes for all citizens.

Deputy Minister of Housing Inspects El Alamein International University

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas stresses on adhering to an intensive timetable for the completion of the large educational edifice in New Alamein City

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