News / Egypt

Tatweer Misr Sets a New Record for 6-Months Sales Worth EGP 3.7Bn During the First Half of 2021

Tatweer Misr, one of the leading real estate developers, announces its achievements for the first six months of 2021. The company’s greatest successes include contractual sales surpassing EGP 3.7bn, which is considered the highest sales Tatweer Misr has achieved in a 6 month- time period since its establishment. The figures reflect a promising growth for Tatweer Misr, which aims to achieve a sales target of EGP 8bn by the end of 2021.

Allocation of EGP 7 bn for Potable Water and Sanitation Projects in Qalyubia

Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities states that the total investments allocated for potable water and sanitation projects in Qalyubia in the previous seven years, since President Abdel Fattah El-Sisi took over, estimated at EGP 7 bn.

New October Authority Officials Follow up on “Housing for All Egyptians” Initiative

Mohamed Abdel Maqsoud, head of the New 6th October City Development Authority follows up on the execution works of 10,500 housing units for low-income, as part of the "Housing for All Egyptians" initiative.

Housing Officials Inspect Shorouk Youth Project Among Others in Shorouk City

Gamal Talaat, assistant vice president of the New Urban Communities Authority (NUCA), has inspected the progress of various projects in ​Shorouk City, accompanied by Abdel Latif Bishara, head of the Shorouk City Development Authority and other officials

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.

Abu Dhabi Capital Group Delivers 817 Units in Alburouj Project

Abu Dhabi Capital Group (ADCG) confirms the delivery of 817 units out of 2,728 units sold in the "Alburouj" project, covering an area of ​​5 mn sqm; and plans to deliver 670 units by the end of this year

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

Misr Italia Properties Records Contractual Sales of EGP 2.5 bn in 2021 H1

Misr Italia Properties succeeds in achieving sales of EGP 2.5 bn during the first six months of this year. Moreover, it aims to record contractual sales of EGP 4 bn during the whole of the year, through it's projects in ew Cairo and NAC.

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.

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