El Sisi Inaugurates El Nasr Bridge, Port Said

• Wednesday, 28th December 2016
• by Farah Montasser

President Abdel Fattah El Sisi inaugurates major infrastructure developments in Port Said governorate, including Egypt’s first floating bridge, El Nasr Bridge, today, Invest-gate reports

Cityscape: Egypt to Boost Investment Climate in 2017

• Wednesday, 28th December 2016
• by Farah Montasser

As Cityscape gears up to launch in March 2017, the annual regional real estate conference emphasizes Egypt’s role in reforming its economy through its real estate market, Daily News Egypt

Alexandria 2032 Project to Initiate

• Tuesday, 27th December 2016
• by Farah Montasser

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly has signed a protocol with Minister of International Cooperation Sahar Nasr to formulate a strategic development plan titled Alexandria 2032 project, reported Invest-Gate

Illegal Buildings in Alexandria Cost EGP 200 bn

• Monday, 26th December 2016
• by Farah Montasser

Alexandria records around 65,000 unlicensed buildings have been developed and completed over the past five years at a cost of EGP 200 bn, Egyptian MP Tarek El Sayed announced on a televised interview.

Prices of Commercial Units at New Minya Increased

• Monday, 26th December 2016
• by Farah Montasser

Prices of commercial units at New Minya have increased during a public auction held last week, in which six units were auctioned between EGP 10,000 to EGP 13,000 per square meter, reported Al Mal

New Nubaria City to be Expanded

• Monday, 26th December 2016
• by Farah Montasser

As construction works commenced at New Nubaria City, the New Urban Communities Authority (NUCA) plans to expand the project and is currently studying means to include groundwater cabinets, reported Al Mal

New Land Plots to be Allocated in Four Cities in Upper Egypt

• Sunday, 25th December 2016
• by Farah Montasser

New Urban Communities Authority (NUCA) is to allocate approximately 5,347 land plots in social housing projects for middle-income citizens in four cities across Upper Egypt, reported Al Borsa

NUCA Pumps Over EGP 50 bn Investments in 2017

• Sunday, 25th December 2016
• by Farah Montasser

The New Urban Communities Authorities (NUCA) is to pump EGP 50 bn worth of investments in 2017 compared to this year’s EGP 37 bn, according to an unnamed source at the Ministry of Housing, Utilities, and Urban Communities, reported Al Borsa

Road Tunnels in Suez Canal to Cost Roughly EGP 18 to 19 bn

• Thursday, 22nd December 2016
• by Farah Montasser

At roughly an estimate of EGP EGP 18 to 19 bn, Arab Contractors, in partnership with Orascom Construction, are to implement two road tunnels as part of the Suez Canal project in Port Said, reports Al Mal

Moukhtar Ibrahim Co. Hits The New Capital With Six Residential Projects

• Thursday, 22nd December 2016
• by Farah Montasser

Egyptian Real Estate Developer Moukhtar Ibrahim is to set foot into the new Administrative Capital with six residential buildings at a total cost of EGP 75mn, reported Amwal El Ghad