News / Government

Several Contractors and Developers Involved in New Administrative Capital City

The New Urban Communities Authority announced that approximately 20 requests have been offered by various contractors and developers to work on the capital.

Infrastructure Projects on Track in New Cities

Five residential buildings have been completed as part of the social housing program in New Fayoum City, according to Mostafa Madbouly Minister of Housing, Utilities, and Urban Communities.

NUCA to Receive Its Last Share of Payment-in-kind Units in Madinaty

The New Urban Communities Authority (NUCA) will receive its last share of payment-in-kind buildings in Madinaty spread over 1.1 mn square meters.

Awqaf Investment Arm to Begin Construction on Faraskour Compound in Damietta

Ibrahim Mahlab, presidential adviser for national strategic projects, has demanded construction begin on a residential compound in Faraskour, Damietta under the supervision of Damietta’s governor and the Ministry of Religious Endowments’ investment arm, El Watania Group for Awqaf Investments.

New Obour City Authority Launches Property Code Enforcement Campaign

New Obour City Authority launched a campaign to enforce property codes in the city, removing and demolishing structures and encroachments found in violation of the codes, according to the authority’s head Amin Ghoneim.

Homebuyers Protest Increase in Down-Payment for Social Housing Units in Port Said

Protests broke out in Port Said, demanding that the down-payment for units in the Social Housing Programme be paid to the governorate not the Housing & Development Bank, after they were asked to pay EGP 48,000 as a down-payment, in violation of the reservation contract.

Saudi Al Hokair to Execute Service Projects for EGP 500 mn in New Administrative Capital

The Administrative Capital Development Company estimated the cost of the service projects being executed by the Saudi Arabian Al Hokair Group to be EGP 500 mn, on 50 acres of land in the New Administrative Capital.

5706 Units for Rent Reserved in 10 Governorates

Around 5,706 units that are part of the government’s social housing program have been reserved for rent to residents whose monthly income is less than EGP 1,500.

8592 Social Housing Units Completed in New Assiut City

A number of housing, water, sewage, agriculture, electricity and communications projects have been completed in New Assiut City at a total cost of EGP 3.2 billion, according to Mostafa Madbouly, Minister of Housing, Utilities, and Urban Communities.

High Turnout on Units in Madinaty and Rehab

The Housing and Development Bank has witnessed a large number of applicants in its Mohandiseen and Abas El Akkad branches looking to reserve units located in Rehab and Madinaty.

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