News / Investment

Approximately 200,000 Social Housing Units Completed Across Egypt

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly confirmed the completion of approximately 200,000 social housing units with plans to reach 500,000 homes by the end of 2017 during the 33rd Council of Arab Ministers of Housing and Construction held in Riyadh earlier this week, reported Invest-Gate

Egypt Showcases Housing developments at an Arab Council, Riyadh

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly accompanied by a delegation from ministry headed to Riyadh, Saudi Arabia, to discuss the housing development in Egypt at the 33rd Council of Arab Ministers of Housing and Construction, Invest-Gate reports

Public Service Projects to be Implemented in New Assiut in 2017

Approximately ten new land plots will be offered for public services to investors next year in efforts to meet the demand on commercial areas, public services, offices, and entertainment areas in New Assiut City, reported Al Mal

Special Lands in Beit Al Watan Made Available for Egyptians Abroad

The New Urban Communities Authority (NUCA) will be offering special new land plots for Beit Al Watan project for Egyptians abroad, reported Al Borsa

NUCA Facilitates Regulations for Investors

The New Urban Communities Authority (NUCA) has approved a number of facilitations for investors, including reducing administrative fees for land plots.

Marseilia Group Expects EGP 1 bn in Sales for 2016

Marseilia Group aims to close 2016 with sales worth EGP 1 bn from all its projects.

Several Social Housing Units Completed in New Cities

Approximately 20,000 social housing units are being delivered in New Aswan City and 320 social housing units are to be completed in 2017, according to Mostafa Saeed head of the City’s Authority.

Land Plots Offered for Residence, New Damietta

In line with the Egyptian government’s plan to expand governorates across the country and create better living conditions to all citizens, 195 land plots in New Damietta are offered for residential development

Commercial Units Sold for EGP 6,000 Per Square Meter in Sadat City

A total of 30 commercial units were sold in a public auction in Sadat City on Thursday, with prices ranging between EGP 2,600 and EGP 6,000 per meter square.

NUCA Approves Several Amendments Over Land & Housing Fees

The board of the New Urban Communities Authority (NUCA) has approved the reduction of administrative fees that are applied on the purchase of land plots for an entire year, in efforts to facilitate procedures for investors in new cities, reported Invest-Gate

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