Egypt’s real estate developer Master Group has rolled out its second residential project in the New Administrative Capital (NAC), named "City Oval," with investments estimated at EGP 6 bn.
Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas stresses on adhering to an intensive timetable for the completion of the large educational edifice in New Alamein City
Cityscape Egypt is to take place on November 4 till November 7, says its official press release at the Egypt International Exhibition Centre (EIEC) in Cairo.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has reduced fines and penalties for reconciliation in building violations in new cities from 15% to 25%.
New Damietta City Authority launches an artistic initiative to beautify the city, turning all electricity units into descriptive paintings
Egypt’s five biggest listed real estate firms reported a combined profit fall of nearly 31% in the second quarter of 2020 as property sales slowed during the coronavirus crisis
The Holding Company for Tourism and Hotels (HOTAC) has opened the beach area of Steigenberger Hotel El Lessan Ras El Bar, following the completion of comprehensive development, with investments worth EGP 10 mn.
Egypt's Cabinet has approved some far-reaching legislative amendments to the Capital Markets Act, which governs real estate funds, in a bid to facilitate and reduce burdens halting property investment.
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar and The Sovereign Fund of Egypt (TSFE) Chairperson Hala El Saeed have discussed means of cooperation in several national developments, at a combined cost of EGP 30 bn.
Fitch Solutions said the introduction of 20 new cities across Egypt, along with the upgrading of 23 existing areas, is stirring up demand for Egyptian real estate, in the face of Coronavirus headwinds.
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