News / Egypt

W Capital Reveals Top 10 Land Deals of 2023 Valued at AED 8.6 Bn

Dubai-based real estate brokerage firm, W Capital, has compiled a list of Dubai's ten largest land deals since the beginning of this year, with a combined value of AED 8.6 bn, Invest-Gate reports.

NCB Developments Surpasses EGP 10 bn in Investment Volume

Atef Manay, a member of the Board of Directors of NCB Developments, has affirmed that the company has successfully established a strong presence in the real estate development sector, with investments exceeding EGP 10 bn, Invest-Gate reports.

Housing Minister Inspects Sanitation Project in Mokattam

Minister of Housing Assem El-Gazzar on Thursday inspected the progress of work on the sanitation development project in the El-Hadaba El-Wosta and El-Hadaba El-Olia districts and the expansions of the main lift station in the Mokattam plateau, Invest-Gate reports.

El-Gazzar Announces Closure of Reservations Transfer for Low-Income Citizens in Housing for All Egyptians Project

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, has announced the closure of reservation transfers for projects that have available units reserved for low-income citizens under the presidential initiative "Sakan Kol El Masryeen" on Tuesday, October 24, 2023, Invest-Gate reports.

El-Gazzar: Commencement of Land Distribution for Overseas Workers in Beit Al-Watan in Obour City

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, confirmed that the Al Obour City Development Authority will begin the process of distributing land parcels in Beit Al-Watan in Area A of the Eighth District and Area 5 of the Fifth District, allocated for overseas workers in Phase Eight of the Beit Al-Watan project in the city, according to specified schedules, Invest-Gate reports.

Egyptian Housing Minister Meets with Japanese Real Estate Legend

Minister of Housing Assem El-Gazzar met with Kanazawa Yukio, the real estate legend in Japan and owner of Titan Capital, and Niwa Kashiroa, the CEO of the company and head of the Goldman Sachs branch in Japan, to discuss cooperation and investment opportunities in the Egyptian real estate sector, Invest-Gate reports.

El-Gazzar Takes Action to Rectify Building Violations in Ebny Beitak Area, New Beni Suef City

Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, has issued six decisions aimed at addressing building violations in the sixth district of the Ebni Beitak One area in the city of New Beni Suef, Invest-Gate reports.

Head of New Cairo City Authority Monitors Housing for All Egyptians, Sakan Misr Projects

Abdel Raouf El-Gheity, the head of the New Cairo City Development Authority, has inspected the progress of the "Sakan Kol El Masryeen" presidential initiative in the Third Settlement to monitor the project's implementation, Invest-Gate reports.

New Suez, Industrial Development Chiefs Review Ataqa Land Plots

Asmaa Makhlouf, head of the New Suez City Development Authority, met with Nahed Youssef, acting chair of the Industrial Development Authority, to discuss industrial land plots in Ataqa, Invest-Gate reports.

El-Gazzar Chairs Meeting at Obour City Authority Headquarters to Monitor Progress of Projects

At the onset of his visit to the city on Wednesday, Assem El-Gazzar, the Minister of Housing, Utilities, and Urban Communities, convened a meeting at the headquarters of the Obour City Authority, Invest-Gate reports.

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