News / Government

Egyptian Developers Postpone Sale of Residential Units Amid EGP Currency Issues

Egyptian real estate companies are postponing the sale of residential units amid the uncertainty surrounding the exchange rate of the Egyptian Pound, Invest-Gate reports.

Housing Ministry Officials, EBRD Join Forces to Implement Green City Action Plan for 6th of October City

Abdel Khaleq Ibrahim, Assistant Minister of Housing for Technical Affairs, along with officials from the New Urban Communities Authority (NUCA), launched the green transformation action plan for 6th of October City in collaboration with the European Bank for Reconstruction and Development (EBRD), Invest-Gate reports.

Real Estate Development Chamber, Housing Ministry Officials Discuss Allowing Sale of Property Exports in US Dollars

The Real Estate Development Chamber convened a crucial meeting to discuss the government's initiative permitting real estate companies to sell their projects abroad in dollars, Invest-Gate reports.

Dubai Property Values Expected to Surge by Up to 12% Amid Housing Affordability Concerns

Dubai's real estate market is anticipated to witness a potential 12% increase in property values this year, raising concerns about the affordability for some expatriate residents in the city, Invest-Gate reports.

Housing Ministry Officials Conduct Inspection of Road, Utility Projects in New Sphinx City

Ahmed Omran, Assistant Vice President of the New Urban Communities Authority for the Development and City Development Sector, conducted a visit to inspect the projects of the new Sphinx City, Invest-Gate reports.

Saudi Arabia Launches “Ajwad” App for 74 Housing Projects

The Agency for Housing Supply and Real Estate Development at the Ministry of Municipal and Rural Affairs and Housing has unveiled the initiation of the "Ajwad" initiative for 74 housing projects, Invest-Gate reports.

Egyptian Housing Officials Engage with Real Estate Developers to Boost Property Exports

In a pivotal meeting, Waleed Abbas, Assistant Minister of Housing for the Affairs of the New Urban Communities Authority (NUCA), and Abdel Khalek Ibrahim, Deputy Housing Minister for Technical Affairs, gathered with real estate developers to discuss the proposed initiative for exporting Egyptian real estate, Invest-Gate reports.

El-Gazzar Unveils Fully Finished Housing Units in Valley Towers Project in Hadayek October

Assem El Gazar, the Minister of Housing, Utilities, and Urban Communities, has announced the ministry's initiative, facilitated by the New Urban Communities Authority, to introduce fully finished housing units in the "Valley Towers" project in Hadayek October, Invest-Gate reports.

Deputy Housing Minister, The Arab Contractors, International Technology Firm Hold Talks on Water, Wastewater Treatment

Sayed Ismail, the Deputy Minister of Housing for Infrastructure Affairs, recently held a meeting with representatives from the Arab Contractors Company and an international company specializing in modern control systems for improving the operation of drinking water purification and sewage treatment plants, Invest-Gate reports.

South Sinai Governate, Schneider Electric Explore Collaboration in Green Energy

Khaled Fouda, Governor of South Sinai, recently met with Schneider Electric officials, a leading digital energy management and automation company, Invest-Gate reports.

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