News / Government

Six Commercial Units & A Pharmacy Sold To Support Services in New Obour City

Six shops and a pharmacy in the Al-Majd area in the New Obour City are sold in the first session of the public auction, according to Ahmed Ali, head of the New Obour City Development Authority

Marsa Matrouh Witnesses 14 Development Projects for EGP 2.85 bn

Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities, states that 14 development projects are executed and underway in Matrouh Governorate at the cost of EGP 2.85 bn.

New Real Estate Financing of EGP 100 bn for Low and Middle Income Announced

A new real estate finance initiative of EGP 100bn- allocated for low and middle incomes- is announced, confirms Mai Abdel Hamid, head of Social Housing and Mortgage Finance Fund

Reservation for “Housing for All Egyptians 2” Initiative is Open

Assem El Gazzar, Minister of Housing, Utilities, and Urban Utilities announces that the Social Housing and Mortgage Finance Fund (SHMFF) has opened the reservation for fully finished housing units, as part of President Abdel Fattah El-Sisi’s initiative “Housing for All Egyptians 2” for low- and middle-income segments.

The Minister of Housing Follows Up on New Warraq City Development

Assem El-Gazzar, Minister of Housing, Utilities and Urban Communities, follows up on the implementation works in the New Warraq City development project, which aims to establish a new urban community on the lands of Warraq Island, affiliated to the New Urban Communities Authority NUCA, in the presence of Ministry and Authority officials.

The Prime Minister Inaugurates First Phase of I-City Project

Prime Minister Mostafa Madbouly, accompanied by Dr. Assem El-Gazzar, Minister of Housing, inaugurate the first phase of I-City project in New Cairo implemented by Mountain View.

Housing Officials Inspect New Alamein City’s Projects

The housing officials inspect progress in the New Alamein City, beginning with the heritage area and the grand mosque, to follow up on the final stages prior to its opening, in addition to the ongoing church and the Roman Theater.

El Gazzar Follows Up on The Projects’ of New Mansoura City

El-Gazzar confirms that the implementation of 4704 housing units (196 residential buildings) is underway in the "Sakan Misr" project for medium housing, and 11,232 housing units (468 buildings) are being completed in the "JANNA" luxury housing project, as well as, the implementation of 58 buildings in the distinctive coastal housing project, in addition to the implementation of 1149 villas, with 2103 units, including (499 detached villas - 152 connected villas - 498 semi-contiguous villas).

Egypt, Saudi Arabia Explore Potential Investment Opportunities

Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities has met with Majid Bin Abdullah Alkassabi, Minister of Commerce in Saudi Arabia, Bandar bin Mohammed Al-Amri, chairman of the Saudi-Egyptian Business Council, and several Saudi investors, as well as a number of officials from the housing ministry to discuss potential opportunities for joint cooperation, in addition to presenting available investment opportunities in various projects in Egypt

El Gazzar Lays Foundation Stone of Downtown Towers in New Alamein

Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar lays the foundation stone for the downtown towers project in the New Alamein City, which is being implemented by the Chinese company (CSCEC) and similar to the towers of the Central Business District (CBD) in the New Administrative Capital (NAC)

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