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.

New Fayoum City to Offer 5 Service Projects for the Public

• Thursday, 11th August 2016
• by Heba Eid

The New Fayoum City Authority is preparing to offer five service projects in the social housing district in the city, said Ashraf Fathy Abdel Rahman, Head of the Authority.

Construction of Phase II of 6th October Water Plant Underway

• Thursday, 11th August 2016
• by Heba Eid

The implementation of the second phase of the water purification plant in 6th of October City has started, announced the Minister of Housing, Utilities, and Urban Communities, Mostafa Madbouly.

Egypt’s First Real Estate Development Chamber Elects Board

• Wednesday, 10th August 2016
• by Heba Eid

The real estate development chamber announced the results of its first board members elections.

Housing Ministry Establishes Authority for New Obour City

• Tuesday, 9th August 2016
• by Heba Eid

Mostafa Madbouly, the Minister of Housing, Utilities and Urban Development, issued a ministerial decree to establish the New Obour City Development Authority.

Ministry of Housing Reneges on 1M Social Housing Units’ 2018 Delivery Date

• Tuesday, 9th August 2016
• by Heba Eid

An official source at the Ministry of Housing, Utilities, and Urban Communities ruled out the ministry's ability to build one million units by 2018.