34,800 Land Plots to be Allocated Across 8 New Cities

• Monday, 12th December 2016
• by Farah Montasser

A public lottery will be held next week to allocate a total of 34,800 land plots within the social housing program located across eight new cities, according to a statement from the Ministry of Housing, Utilities, and Urban Communities

Housing Ministry Offers Unsubsidized Social Housing Units

• Monday, 12th December 2016
• by Farah Montasser

The Ministry of Housing, Utilities and Urban Communities is offering new unsubsidized social housing units targeting citizens with monthly incomes ranging from EGP 4,000 to EGP 5,000, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly, reported Al Borsa

Development Tenders to be Offered within Several Cities

• Monday, 12th December 2016
• by Farah Montasser

Tenders will be offered to the Egyptian Federation for Construction & Building Contractors (FCBC) members, to develop different infrastructure projects within the social housing project at New Borg El Arab City, according to Head of the City’s Authority Ahmed El Desouky, reported Al Mal

Social Housing Land Plots to be Allocated December 19

• Monday, 12th December 2016
• by Farah Montasser

Egypt’s social housing project continues with more land plots to be offered through a public lottery held from December 19 until December 27, according to a statement from Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly

Government to Raise Tariff on Water Bills Next Month

• Sunday, 11th December 2016
• by Invest Gate

The Egyptian government is expected to raise water bills fee in houses and commercial areas as of January 2017 “in an effort to decrease subsidy on drinking water,” Mohy El Seir, spokesman for the Holding Company for Water and Wastewater, told Invest-Gate.

Over 2,000 Land Plots to be Offered in 10th of Ramadan City

• Sunday, 11th December 2016
• by Farah Montasser

The New Urban Communities Authority (NUCA) will be launching 2,224 land plots in the 10th of Ramadan City for applicants who previously applied in May 2016 lottery but did not win, according to a statement from Minister of Housing, Utilities and Urban Communities Mostafa Madbouly

NUCA Prices New Cairo Land Plot for EGP 5,500 Per Meter

• Tuesday, 6th December 2016
• by Farah Montasser

The New Urban Communities Authorities (NUCA) has priced a-155-acre-land plot in New Cairo for EGP 5,500 per meter square, according to unnamed sources in NUCA, Al Borsa reported

Mortgage Companies Provide EGP 783 mn by October 2016

• Tuesday, 6th December 2016
• by Farah Montasser

Total real estate funding activity amounted to EGP 783 mn in the first 10 months of 2016, compared to last year’s EGP 732 mn, marking a 7% increase, according to Sherif Samy, head of the Egyptian Financial Supervisory Authority (EFSA), reported Arab Finance

Sheikh Zayed City Demands EGP 100 mn for Projects Development

• Tuesday, 6th December 2016
• by Farah Montasser

Sheikh Zayed City Authority has requested of Planning, Monitoring and Administrative Reform an additional budget worth of EGP 100 mn as part of the city’s current budget that is allocated for Dar Misr project , an electricity station, and a central park, reported Al Borsa

2,500 Acres to be Developed in New Assiut City

• Sunday, 4th December 2016
• by Farah Montasser

The New Assiut City Authority has completed the planning for 2,500 acres of land, as part of the expansion plan which will see the development of 30,000 acres, reported Al Borsa.