Government Opens Online Reservations for Beit Al Watan Project

• Sunday, 19th June 2016
• by Invest Gate

Ministry of Housing, Utilities, and Urban Development announced on the 19th of June, the launch of its website for reserving units and land lots in the new phase of Beit Al Watan project. The project is tailored for Egyptians living abroad, and reservation will only be available for a period of three weeks, Invest Gate reported.

Housing and Sports Ministers Discuss Implementation of Sports Complex in Administrative Capital

• Thursday, 9th June 2016
• by Invest Gate

Minister of Housing, Utilities and Urban Communities, Moustafa Madbouly and Minister of Youth and Sports, Khaled Abdel Aziz, held a meeting to discuss the implementation of the recreational sports complex in the new administrative capital.

Government Recovers 130 Acres in 10th of Ramadan

• Tuesday, 7th June 2016
• by Invest Gate

130 acres behind Al Ghaba Al Sadsa area in 10th of Ramadan have been reclaimed after the removal of all infringements and transgressions, Adel Saeed Al Naggar, Head of the 10th of Ramadan City Development Authority told Invest Gate.

Housing Ministry to Remove 30,000 Sqm of Encroachments in New Thebes

• Tuesday, 7th June 2016
• by Invest Gate

Ministry of Housing, Utilities and Urban Communities, Moustafa Madbouly issued an administrative decision to remove all infringements over an area of 30,000 square meters owned by the New Urban Communities Authority (NUCA), in region one in New Thebes City.

Housing Ministry to Develop 500 Units in Al Ruweisat Slum Area

• Monday, 6th June 2016
• by Invest Gate

The Minister of Housing, Utility, and Urban Communities, Moustafa Madbouly, agreed to the development of Al Ruweisat slum area, in South Sinai, through the execution of 500 residential units, for the area’s residents.

NUCA to Collaborate with Mountain View to Develop iCity Project

• Monday, 6th June 2016
• by Invest Gate

The New Urban Communities Authority (NUCA) Board will issue within days a ministerial order to develop the iCity project with investments worth EGP 31.97 billion ($ 3.6 billion), in collaboration with the Saudi-Egyptian Alliance Mountain View-Sisban.

Government, Developers Begin Pricing Negotiations over Administrative Capital Land

• Monday, 6th June 2016
• by Invest Gate

Administrative Capital City for Urban Development, the company managing the new administrative capital, has started negotiations with real estate developers over pricing dynamics of lands in the new capital.

Parliament Approves King Salman’s Sinai Development Program

• Sunday, 5th June 2016
• by Invest Gate

In a plenary session, the Egyptian parliament approved a report presented by the legislative and constitutional affairs committee on a Saudi-Egyptian loan for a development program of the Sinai Peninsula.

Over 200 Thousand Show Interest in Government Land Lottery

• Tuesday, 31st May 2016
• by Invest Gate

211,759 citizens have withdrawn conditions pamphlets for the recently announced land lottery by the Housing and Development Bank, 146,869 of which were for the social housing lots, 38,302 were for the premium lands, and 26,588 were for the most distinct, reported Invest Gate.

Housing Minister Extends Deadline for Dar Misr Payments to January 2017

• Sunday, 29th May 2016
• by Invest Gate

The New Urban Communities Authority (NUCA) board chaired by Minister of Housing, Utilities, and Urban Communities, Moustafa Madbouly, approved the extension of the payment deadline for Dar Misr social housing project to the 1st of January 1st, 2017, upon delivery of units.