NUCA: 116,000 New Social Housing Units in 6th of October

• Monday, 22nd August 2016
• by Heba Eid

The New Urban Communities Authority (NUCA) is developing 116,000 residential units in 6th of October City as part of the social housing program.

CSCEC to Begin Work in New Administrative Capital

• Sunday, 21st August 2016
• by Heba Eid

The Ministry of Housing, Utilities, and Urban Communities, signed a letter of intent (LOI) with the Chinese company, CSCEC, to start the implementation of the governmental district in the New Administrative Capital.

SDF Inks Contracts for Slum Development in Gharbeya, Dakahlia

• Thursday, 18th August 2016
• by Heba Eid

The Slum Development Fund signed two agreements worth EGP 57 million to develop slums in Gharbeya and Dakahlia governorates.

Housing Ministry: EGP 7.93 B Allocated for Drinking Water Projects

• Wednesday, 17th August 2016
• by Heba Eid

The National Authority for Potable Water and Sewage, acting under the Ministry of Housing, Utilities and Urban Communities, is allocating EGP 7.393 billion for potable water projects for the current fiscal year, announced Minister of Housing Mostafa Madbouly.

NUCA Studies 70 Offers from Developers for PPP Projects

• Tuesday, 16th August 2016
• by Heba Eid

The New Urban Communities Authority (NUCA) is currently studying offers from 70 real estate developers for public-private partnership (PPP) projects.

HBD Sells 4,000 Terms of Condition Booklets for Land Draw

• Tuesday, 16th August 2016
• by Heba Eid

The Housing and Development Bank sold 4,000 terms of conditions booklet to book 23,900 pieces of land in a draw for distinctive and premium land plots.

Dashour Social Housing Owners in Protest

• Monday, 15th August 2016
• by Heba Eid

Owners of the social housing units in Dashour, 6th of October City are protesting against high interests on the required maintenance deposit.

14,000 Applied to Obour City Authority to Validate Land Ownership

• Sunday, 14th August 2016
• by Heba Eid

About 14,000 people have applied to the Obour City Authority to have their land ownership validated following the presidential decree for the establishment of New Obour City.

CBE Allocates EGP 500M to Mortgage Initiative

• Sunday, 14th August 2016
• by Heba Eid

The Central Bank of Egypt (CBE) allocated EGP 500 million to mortgage finance firms as the first of many tranches to be allocated.

Details of New Social Housing Program Revealed

• Sunday, 14th August 2016
• by Heba Eid

The details of the new social housing program approved by the Cabinet have been released by Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.