Ministry of Investment and Intenational Cooparation has announced the launch of a new website to establish an integrative database for direct and indirect foreign investments, Invest-Gate reports.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said works on nine new cities in upper Egypt are currently underway, with total investments valued at EGP 11 bn
The Ministry of Housing, Utlities, and Urban Communities revealed that six faculties are now fully operational in the 98-acre Aswan University in New Aswan
Egypt’s housing ministry has issued a frequently asked questions (FAQs) booklet for queries on “reconciliation in building violations” law, which aims to legalize the status of violators’ properties.
Egypt's Ministry of Housing, Utilities, and Urban Communities has approved the establishment of two headquarters for the Real Estate Development Chamber in the New Urban Communities Authority (NUCA) and the 6th of October City Development Authority's buildings
Egypt's cabinet has ratified to amend provisions of a presidential decree to reallocate 7,211.35 acres of state-owned lands in Dakahlia Governorate to the New Urban Communities Authority (NUCA), instead of 5,913 acres, for building New Mansoura.
The Ministry of Housing handed over on September 28 the first batch of social housing units in New Aswan to beneficiaries, presenting 1,506 out of the total 3,951 properties allocated to low-income citizens.
The Central Bank of Egypt (CBE) made the second consecutive cut to key rates by 1% (100 bps), driven by the declining inflation rates, which hit a six-year low in August, alongside the falling unemployment and soaring economic growth.
The New Urban Communities Authority (NUCA) will start issuing the terms and conditions booklets for 46 semi-finished villas in Marina Alamein, North Coast, starting September 29.
Rashid City's El Kassara, one of Beheira's unsafe slums, is having five buildings, comprising 117 housing and nine commercial units, 95% completed, with investments worth EGP 25 mn
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