Madbouly: EGP 30B Investment in Water and Sanitation Projects

• Sunday, 10th July 2016
• by Heba Eid

Around 424 water network and sanitation projects have been implemented in Egypt with investment costs of EGP 30 billion, since President Abdel Fattah Al Sisi has been in office, said Mostafa Madbouly, Ministry of Housing, Utilities and Urban Development.

Minister of Housing Urges Social Housing Rentals

• Monday, 4th July 2016
• by Heba Eid

Mostafa Madbouly, Minister of Housing, Utilities and Urban Communities, commissioned officials of the social housing project to quickly setup rental system for residential units especially for governorates that need it the most.

Tahrir’s Mogamma Evacuation Begins

• Sunday, 3rd July 2016
• by Heba Eid

The evacuation of Tahrir Mogamma (Tahrir Complex), the infamous administrative building in Tahrir Square, has commenced, announced Galal Said, Cairo Governor.

Administrative Capital Sets Land Prices

• Sunday, 3rd July 2016
• by Heba Eid

Administrative Capital Company for Urban Development, in collaboration with New Urban Communities Authority (NUCA), identified investment land prices for the New Administrative Capital.

Madbouly Announces New Stage of PPP Propjects

• Sunday, 3rd July 2016
• by Heba Eid

A new phase of private-public partnership (PPP) projects will commence after Eid Al-FItr, announced Mostafa Madbouly, Minister of Housing, Utilities, and Urban Development.

Housing Ministry and World Bank Agrees on Indexing Property Prices in New Cities

• Sunday, 3rd July 2016
• by Invest Gate

Ministry of Housing, Utilities, and Urban Communities and the World Bank are currently working on a joint project to index prices of properties in news cities. The purpose of the project is to monitor the local real estate market trends.

Ministry Extends Reservation Swap in Social Housing Unit to End of July

• Sunday, 3rd July 2016
• by Invest Gate

The Ministry of Housing, Utilities and Urban Communities approved the extension period to swap reservation of social housing units to the end of July, Head of the Mortgage Finance Fund, May Abdel Hamid.

Housing Ministry to Consider Establishing New Alamein Development Company

• Saturday, 2nd July 2016
• by Invest Gate

The Ministry of Housing, Utilities, and Urban Communities is currently is currently considering the establishment of a real estate investment company to manage the development of New Alamein City, in a partnership with the Ministry of Tourism and the Ministry of Defense, an official in the ministry of housing told Invest Gate.

New Convention Center in New Capital to Cost EGP 5.2 B

• Tuesday, 28th June 2016
• by Nadine Abou el Atta

The infrastructure work of the new convention center in the new administrative capital is currently underway, at a cost of EGP 5.3 billion ($600 million), said Minister of Industry and Foreign Trade, Tarek Kabil.

GAFI Discussions Ongoing to Develop Taba-Nuweiba Region

• Saturday, 25th June 2016
• by Nadine Abou el Atta

There are ongoing discussions by the General Authority for Investment (GAFI) to put Taba and Nuweiba on the global investment map for tourism and investment, said member of the Nuweiba-Taba Tourism Investors Association, Hany Gawish, according to Daily News Egypt.