Over 5700 Homes Delivered in 2016, Cairo

• Monday, 2nd January 2017
• by Farah Montasser

The governorate of Cairo has delivered 5,710 residential units across various projects to those in need of shelter, Cairo Governorate Spokesman Khaled Mostafa tells Invest-Gate

Special Land Plots Delivered in Sheikh Zayed

• Sunday, 1st January 2017
• by Invest Gate

A number of special land plots were delivered in Sheikh Zayed on Sunday, after they were previously offered in lottery last July, according to Gamal Talaat, head of the Sheikh Zayed Authority.

Housing Ministry Offers 6 Land Plots in New Damietta

• Sunday, 1st January 2017
• by Invest Gate

Six land plots dedicated for mixed-use projects have been offered in New Damietta City following by the Ministry of Housing, Utilities, and New Urban Communities in a public auction.

Egyptian Government to Adjust Building Contract Prices

• Sunday, 1st January 2017
• by Invest Gate

The Egyptian Cabinet has approved on adjusting prices of contracts for the implementation of 75,000 social housing units in 6th of October City, Badr City, and Obour City, to be revalued at EGP 145,000 per unit.

7,380 Houses in Al Asmarat Project to be Delivered in 2017

• Sunday, 1st January 2017
• by Invest Gate

A total of 7,380 houses will be delivered in Mokattam, as part of the third phase of the Al Asmarat project for the development of informal settlements, at the beginning of 2017, according to Cairo Governor Atef Abdel Hamid.

Ministry of Housing Records EGP 22.2 bn in Sales in 2016

• Thursday, 29th December 2016
• by Farah Montasser

The Ministry of Housing, Utilities, and Urban Communities has sold land plots and residential units worth of EGP 22.2 bn in 2016, according to a statement by the ministry.

More Land Plots Available at 10th of Ramadan City in January

• Thursday, 29th December 2016
• by Farah Montasser

The New Urban Communities Authority (NUCA) has scheduled a public lottery to allocate 17,700 land plots in 10th of Ramadan City for social housing projects in January, reported Al Borsa

New Investment Law Approved

• Thursday, 29th December 2016
• by Farah Montasser

Egyptian Cabinet has approved the new Investment Law, according to Investment Minister Dalia Khorshid, reported Egypt’s National TV EgyNEws

Developmental Projects Decelerated at the New Capital

• Thursday, 29th December 2016
• by Farah Montasser

Due to Egypt’s current economic condition following the floatation of the pound and price increase of materials and production cost, many contractors have decreased the development rate at the Administrative Capital, Invest-Gate reports

15th of May City Social Housing Project Adds 336 Units

• Wednesday, 28th December 2016
• by Farah Montasser

As part of the city’s social housing project, 15th of May City is to add around 336 units across 14 residential buildings, reported Al Mal