News / Government

1st Phase of Rowaysat To Be Delivered by September 2018

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, has revealed that the first phase of developing Rowaysat in Sharm El Sheikh is being completed

Gov’t to Offer Majority Stake in Heliopolis Housing for Investors

Prime Minister Mostafa Madbouly has discussed a plan for the initial public offering (IPO) of some of the national firms

1st Phase of New Al-Alamein Will Be Ready by 2020: Madbouly

Prime Minister Mostafa Madbouly,  who is also the Minister of Housing, Utilities, and Urban Development,  has stressed on the necessity of finishing the first phase of New Al-Alamein city before 2020

IMF Praises Egypt’s Economic Reforms

The International Monetary Fund (IMF) has praised Egypt’s economic reforms during its third review of the country’s loan program

Egypt Mulls Building Small Cities for Youth

President Abdel Fattah Al Sisi has met Prime Minister Mostafa Madbouly along with other ministers and officials to discuss building small cities for youth

Online Reservation For New Capital Units Starts July 17

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, has announced that the first stage of online reservation for the New Administrative Capital's units started from Wednesday, July 17, on http://www.hdb-reservation.com/

NUCA Warns Against Oasis Parks in October Gardens

Egypt's New Urban Communities Authority (NUCA) has not allocated any lands in October Gardens called Oasis Park

Egypt, World Bank Discuss USD 500 mn Social Housing Loan

Minister of Investment and International Cooperation Sahar Nasr discussed with the World Bank a possible second loan worth USD 500 mn to fund the country's social housing project

Madbouly Reviews Updates in New Al-Alamein City

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly has been inspecting various educational, recreational, and services projects being implemented at the New Al-Alamein City for days, accompanied by Khalid Abdel-Ghaffar, Minister of Higher Education along with government officials from the ministry and New Urban Communities Authority (NUCA)

Egypt’s Urban Inflation Rises to 14.4% in June

Egypt’s annual urban consumer inflation increased to 14.4% in June after recording 11.4% in May

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