News / Government

100 Social Housing Buildings Completed in New Aswan

The Ministry of Housing, Utilities, and Urban Communities announced the completion of 100 social housing buildings in New Aswan, while 101 others are set to be completed.

3 Suez Canal Tunnels to be Finalized by 2018

Orascom Construction and the Arab Contractors Company are partnering up to dig three tunnels under the Suez Canal that will be finalized by the end of 2018, according to Mohsen Salah, Chairman of the Arab Contractors Company.

NUCA Drafts Conditions for Purchase of Dar Misr Units

The New Urban Communities Authority (NUCA) has completed the drafting of the conditions for the purchase of over 10,000 units offered next month in the second phase Dar Misr project, targeting for middle-income citizens.

7,000 Units Under Construction to Replace Slums in Cairo

The Slum Development Fund will launch 7,000 residential units in the Manshiyet Nasr district in Cairo, over an area of 140 acres, in efforts to replace unsafe slums

World Bank Commends Egyptian Social Housing Projects

Officials at the World Bank has praised the efforts made by the Egyptian Ministry of Housing, Utilities, and Urban Communities in the implementation of social housing schemes.

Real Estate Prices Increase by 25% in Obour City

Obour City is currently experiencing great demand on residential and commercial properties, according to real estate experts who projected an increase of property prices by over 25% compared to last year’s prices.

11 Water Sanitation Projects to be Built in North Sinai

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with officials from the National Authority for Potable Water and Sewage and the Holding Company for Water and Wastewater to resolve water issues through 11 new projects that will be established in North Sinai.

20,000 SQM of Land Allocated for Public Services in Sharm El Sheikh

The General Authority for Tourism Development has ceded 20,000 square meters of its land in favour of establishing public services in the Nabaq area of Sharm El Sheikh.

Real Estate Developers to Construct Social Housing Projects

The Cabinet approved on the draft of terms and conditions regarding collaboration with real estate developers in building units in the Social Housing Project aimed at low-income citizens.

Egypt to Develop Slums in Red Sea Cities

Slums located in Red Sea cities are expected to be developed by the Egyptian government at a cost of EGP 330 million, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

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