Egypt and the UAE hold the largest volume of under-development branded homes, accounting for around 21%, with the former country currently having two branded residence schemes and 14 projects in the pipeline.
Investors eager to get mixed-use land plots through the New Urban Communities Authority's (NUCA) new direct allocation system should initially set up a company (joint-stock, solidarity, or individual) that engages in the desired investment activity
Kafr El Dawar's social housing project, located in Beheira Governorate, has been officially inaugurated, with investments worth EGP 130 mn.
Egypt's ranking advanced six spots in the World Bank (WB) Group’s Doing Business 2020 report, thanks to the notable reforms being implemented for economic growth.
Egypt and Kuwait signed two financing deals worth over USD 1 bn to finance the second phase of the Sinai development program
Bahrain's Real Estate Regulatory Authority (RERA) launched on October 21 a new real estate valuation system to ensure greater protection to investors and other sectors including that of banking
Transport Minister Kamel El Wazir inaugurated on October 20 Cairo's Heliopolis metro station, the largest of its kind in the Middle East, as part of the country's plans to renovate and expand the capital's fastest means of transportation.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 1,016 factories are underway in 10th of Ramadan City, with investments estimated at EGP 3 bn.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar stated the construction progress at the 360-acre government district of the New Administrative Capital (NAC) has reached 20%
Egypt's housing ministry will extend lands of at least 75 acres each for potential real estate developers who are interested to take part in the development of social housing projects, exclusively to those with advanced expertise, financial solvency, and accumulation control.
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