News / Government

Property Deals in France Fall 52% YoY in 2022

Paris sees the harshest decline, amounting to 62% YoY, with property deals in the metropolitan area recording €2.5 bn.

Higher Housing Costs Push Away Tens of Thousands from Toronto

Around 78% of these people relocate to other regions inside Ontario.

Dubai’s Residential Transactions Jump 63% YoY in December 2022

As of December 2022, Dubai’s average apartment prices registers AED 1,168 per sq ft, and average villa prices hits AED 1,385 per sq ft.

Housing Ministry Completes 72% of Medium-Income Project in 6th of October

The project overlooks the Middle Ring Road and has a total area of 70 feddans, Abdel Khalek says.

Al-Gazzar Follows Up on Projects in New Alamein

The Downtown area incorporates 40 buildings, including 1,320 units, the minister unveils.

Housing Ministry Lays 4 Electricity Lines in Sadat City with EGP 410 Mn

The new lines serve the 8th industrial zone in the city which includes 1,076 plots dedicated to different activities.

Property Deals Hit 8-Month High in Hong Kong

Authorities start opening land borders between China and Hong Kong as of January 8th after the cancelation of China’s zero-Covid policy.

Housing Ministry Launches Power Unit for 6-Mn Sqm Area in 10th of Ramadan

The minister reveals that the unit is set to supply electricity to other distribution units soon.

Egyptian Government Implements EGP 2.1Bn Water, Wastewater Projects in Fayoum in 2022

For his part, the Chairman of FDWSC, Mohammed Al-Naggar, notes that projects are underway in the governorate under the Decent Life initiative with a value of EGP 1.615 bn.

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