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

New Residential City to be Built in Beheira

• Wednesday, 28th December 2016
• by Farah Montasser

A new residential city to be built on an area of 330 acres and will include social housing units, special houses, and middle-income housing units in the governorate of Beheira at a total cost of EGP 8 bn, according to Medhat Fouad, general manager for the Investment Authority in Beheira, reported Al Borsa

Social Housing Units To Be Reserved This Saturday

• Wednesday, 28th December 2016
• by Farah Montasser

The Ministry of Housing Utilities, and Urban Communities makes this Saturday, December 30, the deadline for reserving social housing units in Dahshour, 6th of October City, Invest-Gate reports

El Sisi Inaugurates El Nasr Bridge, Port Said

• Wednesday, 28th December 2016
• by Farah Montasser

President Abdel Fattah El Sisi inaugurates major infrastructure developments in Port Said governorate, including Egypt’s first floating bridge, El Nasr Bridge, today, Invest-gate reports

Cityscape: Egypt to Boost Investment Climate in 2017

• Wednesday, 28th December 2016
• by Farah Montasser

As Cityscape gears up to launch in March 2017, the annual regional real estate conference emphasizes Egypt’s role in reforming its economy through its real estate market, Daily News Egypt

Alexandria 2032 Project to Initiate

• Tuesday, 27th December 2016
• by Farah Montasser

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly has signed a protocol with Minister of International Cooperation Sahar Nasr to formulate a strategic development plan titled Alexandria 2032 project, reported Invest-Gate