News / Government

7,690 Social Housing Units to be Implemented in Beheira

A total of 7,690 social housing units will be constructed in the governorate of Beheira in the Nile Delta, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

Mortgage Finance Fund Loans Remain Steady Amid Interest Hikes

The loans provided by the Mortgage Finance Fund for real estate, targeting middle- and low-income citizens, will remain steady amid a 3% increase in key interest rates at banks, Mai Abdel Hamid, Chairman of Mortgage Finance Fund told Invest-Gate.

Housing Ministry Delivers 3,547 Units in Gharbeya

A total of 3,547 social housing units have been delivered to citizens in Gharbeya after the signing of contracts, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

Obour City Continues Campaign to Resolve Building Violations

A total of 64 cases of building violations have been resolved or removed amid a larger campaign to remove any types of violation across Obour City.

Housing Ministry to Promote Projects in New Alamein City

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with several tourism investors to discuss plans to promote new projects in New Alamein City.

Housing Ministry Offers 600 Social Housing Units for Victims of Ras Ghareb Floods

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly confirmed that the ministry will be offering 600 residential units to victims of the torrents that occurred earlier in Ras Ghareb.

11,800 Citizens Withdraw Terms & Conditions for Social Housing

The Ministry of Housing, Utilities, and Urban Communities received a report stating that approximately 11,800 citizens have withdrawn the terms and conditions for social housing, while 2,750 citizens have made a down-payment.

5,340 Social Housing Units Completed in New Beni Suef

A total of 5,340 social housing units were completed in New Beni Suef City, at a cost of EGP 570 mn, according to Nour El Din Ismail, Head of the New Beni Suef Authority.

Qatari Diar Pursuing International Arbitration over New Cairo Project -Source

Qatari Diar is taking steps to proceed with international arbitration against Egypt over its vacant land plot in New Cairo meant to house its long-stalled residential project, with the Investment Ministry reportedly trying to intervene before the company takes action.

NUCA Demands Verification of Land Ownership in New Sohag City

Citizens who own lands located at the “Basin 26” area of New Sohag City have been requested to submit their ownership documents to city’s authority to review their legal right to ownership within two weeks, according to Tarek El Sebaey, Supervisor of the Commercial and Real Estate Sectors at the New Urban Communities Authority (NUCA).

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