News / Egypt

Master Group Sells Out Over 70% of NAC’s The City

Master Group Vice-Chairman Mohamed Mounir has confirmed that more than 70% of the Egyptian real estate developer's flagship project in the New Administrative Capital (NAC), or "The City," has been sold out.

SODIC Awards EGP 1.7 bn Deals to Construct EDNC

Sixth of October for Development and Investment Company (SODIC) has unveiled plans to deliver its newest commercial project in New Cairo, dubbed "EDNC," in the coming year, after awarding over EGP 1.7 bn contracts for construction.

El Gazzar Follows Up on Delivery of Beit El Watan Plots

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has met with several ministerial officials to follow up on the handing over of land plots in the "Beit El Watan" project, which is being developed to cater to Egyptian expats.

PM Discusses Training of NAC Employees

Prime Minister Mostafa Madbouly had held a meeting to follow up on the training of employees nominated to move to the New Administrative Capital (NAC).

El Gazzar Reviews Implementation of Social Housing Units

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has followed up on the implementation of social housing units across several governorates and new cities.

IDA Intends for 13 New Industrial Zones Across Egypt

Chairman of Industrial Development Authority (IDA) Mohamed Zalat has unveiled plans for the establishment of 13 high-quality industrial zones across Egypt for entrepreneurs and small investors.

FRA Raises Mortgage Funding Limit to 15%

The Financial Regulatory Authority (FRA) has signed off on allowing Egypt-based mortgage finance companies to lend up to 15% of their capital base to an individual household, instead of 10% earlier.

Egypt’s Green Projects Stand at USD 1.9 bn: Minister

Finance Minister Mohamed Maait has confirmed that the country's eligible green projects amount to USD 1.9 bn (EGP 29.91 bn), which reflects the state's efforts to achieve the goals of its sustainable development strategy, or Egypt Vision 2030.

Official Tours Ongoing Social Housing Projects in October Gardens

New Urban Communities Authority Communities’ (NUCA) Vice President Kamal Bahgat has followed up on the progress of ongoing projects in October Gardens, west Cairo.

El Attal Holding Partakes in Aqari Exhibition as Platinum Sponsor

Egypt's real estate developer El Attal Holding is participating in Al Ahram's property show, Aqari Exhibition, as the platinum sponsor, which is being organized from October 1 to 4, providing prospective buyers with various exclusive offers during the event.

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