News / Government

Ministry of Housing Completes Construction of Facilities for 8,734 Units

The Ministry of Housing, Utilities, and Urban Communities has announced the completion of construction of units and facilities in 12 governorates across the country.

Ministry of Housing Studies Establishing Middle-Income Compounds

The Ministry of Housing, Utilities, and Urban Communities is studying a plan to establish compounds geared towards middle-income earners, an informed source said, Invest Gate reported.

5,706 Units for Rent in Social Housing Project

A total of 5706 units will be posted for rent as part of a social housing project that will be distributed among 10 governorates to citizens who have less than EGP 1500 worth of income next October.

Red Sea to Deliver 850 Units, Eradicate Slums

About a total of 250 houses and 600 units will be delivered in area of Zarzara at Red sea next January as part of a plan to diminish slum areas and built further new residential developments for citizens residing in the area.

HCCD to Generate EGP 1B in 2016

Egypt’s state-owned Holding Company for Construction and Development (HCCD) is expecting to gain major profits worth of EGP 1 billion from several large national projects.

Dar Misr to Finalize Units in 8 Cities

The first phase of Dar Misr social housing project is about to be finalized in eight new cities.

Mostakbal City Seeking Development of 1000 Acres

Mostakbal City for Development has received several partnership offers from real estate developers to develop projects in two land plots ranging in size between 700 - 1000 acres.

Al Wadi Al Gedid Invests EGP 71 in Slum Development

The governor of Al Wadi Al Gedid seeks to develop not only slum areas but also commercial places and land plots in efforts to meet citizens' demands and improve agriculture and commercial production

Housing Ministry to Launch Several Building for Multi Purposes

Mostafa Madbouly, Minister of Housing, Utilities and Urban Communities has approved several projects, including launching two Orthodox churches in Aswan, assigning a land in Fayoum for two schools, building 19 new retail shops in five cities, expanding youth center in Obour city, launching a social community club in 6th of October City, and launching a cultural venue in Badr City.

5400 Residential Units to be Launched Next Month in Rehab and Madinaty

The units are fully finalized and are ready to be delivered in October; where they're located in Madinaty and Rehab that can be reserved through "The housing and construction” Bank till December.

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