News / Government

Land Plots in New Qena to be Delivered Starting January

Land plots that are part of the seventh phase of a social housing project in New Qena City will be delivered to winners of the public lottery from January 1 go February 19, 2017, according to Head of the City’s Authority Radwan Abdel Rashid, reported Al Mal

Administrative Capital Units to Go on Sale in Q1 2017

Administrative Capital for Urban Development is currently pricing the units in preparation to market them for sale in the first quarter of 2017, sources at the Ministry of Housing, Utilities, and Urban Communities said.

2,500 Acres to be Developed in New Assiut City

The New Assiut City Authority has completed the planning for 2,500 acres of land, as part of the expansion plan which will see the development of 30,000 acres, reported Al Borsa.

Madbouly Approves New Social Housing Law

The Board of Directors of the Social Housing Fund, headed by Minister of Housing, Utilities, and Urban Communities Mostafa Mabdouly, approved a new law governing social housing and real estate funds, in preparation for presenting it to the Cabinet, Al Mal reported on Thursday.

World Bank Delegation Follows Up on Rural Sanitation Program

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with a World Bank delegation to discuss updates on the Rural Sanitation Program that was signed earlier this year.

800 Acres of Lands to be Developed in New Fayoum City

New Fayoum City will be offering a tender to engineering consulting companies for plans to develop 800 acres of land located within the city next month, reported Al Borsa.

2,500 Acres of Lands Offered to Investors in New Cities

The Ministry of Housing, Utilities, and Urban Communities will be offering 2,500 acres of land in new cities in January, according to Mostafa Madbouly, the Minister of Housing, Utilities, and Urban Communities, reported Daily News Egypt.

2,000 Social Housing Units to be Implemented in New Qena City

A total of 2,000 social housing units will be developed in New Qena City at a total cost of EGP 290 mn by Al Khalifa Housing for Real Estate Investment and the Assiut Businessmen's Association, according Ahmed Arafa, head of the New Qena Authority.

Madbouly Approves Extending Project Deadlines for Contractors

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly approved extending project deadlines for contractors working on state projects for three months, and six months for projects involving electromechanical equipment, according to Hassan Abdel Aziz Chairman of the Egyptian Federation for Construction and Building Contractors.

Contractors to be Compensated for Losses on State Projects

The Egyptian Federation for Construction and Building Contractors has reached agreements with official bodies to compensate contractors for losses incurred due to the increase in prices of building materials following the flotation of the local currency, according to Hassan Abdel Aziz head of the Federation.

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