News / Government

Egypt’s First Real Estate Development Chamber Elects Board

The real estate development chamber announced the results of its first board members elections.

Housing Ministry Establishes Authority for New Obour City

Mostafa Madbouly, the Minister of Housing, Utilities and Urban Development, issued a ministerial decree to establish the New Obour City Development Authority.

Ministry of Housing Reneges on 1M Social Housing Units’ 2018 Delivery Date

An official source at the Ministry of Housing, Utilities, and Urban Communities ruled out the ministry's ability to build one million units by 2018.

Government to Offer Land, Housing to Egyptian Expatriates

Minister of Housing Mostafa Madbouly discussed with Minister of Immigration and Egyptian Expatriate Affairs Nabila Abdel Shahid mechanisms to provide land for Egyptian expatriates.

World Bank Provide EGP 7.2 B in Loans to Housing Programs

The World Bank has provided EGP 7.2 billion ($ 800 million) to the Ministry of Housing programs, said Minister of International Cooperation Sahar Nasr.

Rolin to Develop 35 Buildings for Asmarat Project

The General Construction Company- Rolin will implement 35 residential building in the third district of Al Asmarat Housing Project.

Developers Compete for Zayed Crystal Spark Project Using PPP

Several leading real estate developers have submitted proposals to the New Urban Communities Authority for the Zayed Crystal Spark Project to be established using the public-private partnership system.

Housing Ministry to Develop 10,000 Units in New Alamien City

The Ministry of Housing plans to develop 10,000 units in the New Alamein City during next month.

NUCA to Complete Utility, Infrastructure Work for 30,000 Acres by 2017

The New Urban and Communities Authority (NUCA) is scheduled to complete infrastructure and utilities for 30,000 acres by the end of 2017.

World Bank Loans $550 M for Sewage Treatment Service in 155 Towns

The Ministry of Housing signed a consultancy contract with the World Bank to finance the sustainable sewage services program in rural areas.

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