Commercial Units in Badr City Sold

• Monday, 9th January 2017
• by Farah Montasser

Badr City sold 18 commercial units and two pharmacies in a public lottery last week, with commercial units sold at a price EGP 33,000 per square meter and the pharmacies sold for EGP 50,100 per square meter, Al Mal notes

Transferring to Social Housing Project located in New Cities to begin Sunday

• Monday, 9th January 2017
• by Farah Montasser

Social Housing applicants for the eighth social housing offering located in Giza, Qaliubya, Alexandria, and Sharqiya are given a period starting next Sunday to transfer their applications to four new cities, Al Borsa reports

Religious Developments to be Established in the Administrative Capital

• Sunday, 8th January 2017
• by Farah Montasser

The Armed Forces Engineering Authority have started implementing a mosque and a church, Saint Mark’s Cathedral, in the new Administrative Capital City at a total investment cost of EGP 400 mn, Al Borsa reported

Over 2,000 Housing Units to be Constructed in New Akhmeem

• Sunday, 8th January 2017
• by Invest Gate

New Akhmeem City will be witnessing the implementation of 2,600 housing unit in as part of the first phase of Dar Misr project for middle income housing in the city, at a cost of EGP 300 mn, according to Hossam Fathy, Head of the City’s Authority.

Housing Ministry Finalizes 8 Water Projects in Minya and Giza

• Sunday, 8th January 2017
• by Invest Gate

Eight rural sanitation projects has been completed in Giza and Minya at a total cost of EGP 782 mn.

Nasr Contracting Wins Tender for 180 Acres in New Nubaria

• Wednesday, 4th January 2017
• by Invest Gate

The New Urban Communities Authority (NUCA) assigned tender for a facilities project that is set to be built on 180 acres in New Nubaria City to Nasr General Contracting Company (NGGC) at a cost of EGP 45 mn.

NUCA Prices 36 Acres of Lands in Beni Suef for German-Egyptian Consortium

• Wednesday, 4th January 2017
• by Invest Gate

The New Urban Communities Authority (NUCA) is close to finalizing the pricing for 36 acres of land in New Beni Suef City that were sold to Al Arabia for Investment Industry and Abu Shedid for Trade- Frankfurt Germany in foreign currency.

2,224 Land Plots to be Allocated in 10th of Ramadan City

• Wednesday, 4th January 2017
• by Invest Gate

A public lottery will be held on January 26 to allocate 2,224 land plots for special housing in 10th of Ramadan City.

Government Should Involve Private Sector in Housing Projects: Samih Sawiris

• Tuesday, 3rd January 2017
• by Farah Montasser

Business tycoon and Head of Orascom Development Sameh Sawiris urged the government to provide private companies with lands to help with the affordable housing project for low-income citizens.

Alexandria Successfully Ends Heavy Rain Crisis

• Tuesday, 3rd January 2017
• by Farah Montasser

Minister of Housing, Utilities, and New Urban Communities Mostafa Madbouly has honored Head of the Rural Sanitation Company in Alexandria Mahmoud Nafea for managing the rain crisis in Alexandria that occurred due to the bad weather conditions of the past few weeks through rural sanitation channels, Invest-Gate reports