Suez Canal Zone’s developments to be Finalized Soon, East Port Said

• Tuesday, 17th January 2017
• by Yasmin El-Beih

General Authority for Suez Canal Economic Zone confirms the finalization of the development of lands east Port Said in the upcoming period, Invest-Gate reports.

Reservation for Non-Financed Social Housing Units Extended

• Tuesday, 17th January 2017
• by Yasmin El-Beih

The Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly has extended the reservation period for non-financially-supported social housing units across 19 governorates for an additional of 15 days, according to a released statement.

Citizens to Finalize Payments for Dar Misr Units by February 5

• Tuesday, 17th January 2017
• by Yasmin El-Beih

The Commercial and Real Estate Sectors at the New Urban Communities Authority (NUCA) has set February 5 as a deadline for payment completion for Dar Misr reserved residential units, Invest-Gate reports.

Endowments Look Into Logistics of Retaining Properties in Greece

• Monday, 16th January 2017
• by Yasmin El-Beih

A Ministry of Endowments delegation recently visited Greece to discuss retaining Egyptian properties in the Mediterranean country.

Government Invests in the Development and Maintenance of Khedivial Cairo

• Monday, 16th January 2017
• by Yasmin El-Beih

State-owned Misr Real Estate Assets Management (MREAM) has completed maintenance and development works on 12 historical properties in Khedivial Cairo, the media office told Invest-Gate.

New Residential Project to Substitute Slum Areas, Alexandria

• Sunday, 15th January 2017
• by Yasmin El-Beih

A new residential project, Bashyer El Kheir 3, will be constructed in Alexandria to move residents living in slum areas to much safer homes, following a protocol signed by the Housing Ministry’s Deputy for Urban & Slums Development Ahmed Adel Darwish, Invest-Gate reports.

Citizens to Transfer to Social Housing in New Cities Until 15th of February

• Sunday, 15th January 2017
• by Yasmin El-Beih

The Ministry of Housing, Utilities, and Urban Development permits applicants of its eighth offering of social housing units located in Giza, Qaliubya, Alexandria, and Sharqiya, transfers to new cities within their governorates starting today and until February 15, according to Minister of Housing, Utilities, and Urban Development Mostafa Madbouly, Invest-Gate reports.

Cabinet to Facilitate Process of Providing Homes

• Thursday, 12th January 2017
• by Yasmin El-Beih

Cabinet has approved a new law that combines the Social Housing Fund with the Real Estate Fund, in an aim to facilitate the process of providing homes to citizens with limited income.

Parliament’s Housing Committee Discusses Sanctions for Construction Violations

• Wednesday, 11th January 2017
• by Invest Gate

The House of Representative’s Housing Committee discussed a draft for a new, temporary eight-month law aiming to organize control over building violations.

Fayoum Pays Eight Contractors for Infrastructure Projects

• Wednesday, 11th January 2017
• by Invest Gate

The Fayoum governorate paid EGP 72.5 million as late costs to eight contractors for executing infrastructure projects within the governorate expected to launch next March.