SDA Develops Projects in Suez Worth EGP 220M

• Monday, 25th July 2016
• by Heba Eid

Sinai Development Authority (SDA) is developing projects in Suez governorate worth EGP 220 million, said Mohamed Al Saka, SDA President.

NUCA Announces Reduction in Fines on Delayed Payments

• Monday, 25th July 2016
• by Heba Eid

The New Urban Communities Authority is reducing fines for citizens who owe two months worth of fees for residential or administrative or commercial units.

Slum Development Fund: EGP 470 M Towards South Sinai, Port Said

• Sunday, 24th July 2016
• by Heba Eid

The slum development fund allocated EGP 470 million for the development of dangerous districts in Southern Sinai and Port Said.

NUCA Approves 4 Plots of Land for Japanese Model School System

• Sunday, 24th July 2016
• by Heba Eid

The Board of Directors of the New Urban Communities Authority (NUCA) approved the allocation of 4 plots for the establishment of schools on the Japanese Model, announced Mostafa Madbouly, Minister of Housing.

Strategic Plans for New Obour City Underway

• Sunday, 24th July 2016
• by Invest Gate

Strategic plans for New Obour City have officially begun and are expected to be finalized by 2018, Ragaa Fouad, Vice President of New Urban Communities Authority (NUCA).

CBE Pumps EGP 3.4B into Mortgage Finance Sector

• Thursday, 21st July 2016
• by Heba Eid

The Central Bank of Egypt has loaned EGP 3.4 billion, through banks, to customers to purchase property under its mortgage initiative.

Social Housing Fund Approves Series of Low-Income Housing Projects

• Thursday, 21st July 2016
• by Joana Saba

A number of resolutions for social housing projects have been made by the Social Housing Fund, to serve low-income citizens according to certain criteria

NUCA Extends Payment Period for Winners in Dar Misr Housing Project

• Thursday, 21st July 2016
• by Joana Saba

The payment period for the winners of the first phase of the Dar Misr middle-income housing project has been extended to October 2016.

Ongoing Discussions on Unified Construction Law in Parliament

• Wednesday, 20th July 2016
• by Heba Eid

Discussions are currently underway in the parliament's Housing Committee on the unified construction law with five entities.

Social Housing Fund Allocates EGP 377M for Utility Infrastructure Work

• Wednesday, 20th July 2016
• by Heba Eid

The Social Housing Fund is allocating EGP 377 million to complete the utility infrastructure work for 15,700 social housing units in various governorates in Egypt.