UAE-based real estate developer and retail giant Majid Al Futtaim officially opened the doors of its EGP 9.35 bn City Centre Almaza shopping mall in Heliopolis, east Cairo, on September 30.
Egypt's property developer Inertia announced that its The Cribs Neighborhood project in Jefaira, located on the North Coast, has been a finalist at the Cityscape Awards for the Emerging Markets for future residential projects
The Ministry of Housing, Utlities, and Urban Communities revealed that six faculties are now fully operational in the 98-acre Aswan University in New Aswan
Egypt’s housing ministry has issued a frequently asked questions (FAQs) booklet for queries on “reconciliation in building violations” law, which aims to legalize the status of violators’ properties.
Cairo for Investment and Real Estate Development (CIRA) signed an agreement with the European Bank for Reconstruction and Development (EBRD) for an EGP-denominated facility worth EUR 25 mn ( EGP 442.78 mn) to set up a university in west Assiut’s Nasser City
Egypt's Ministry of Housing, Utilities, and Urban Communities has approved the establishment of two headquarters for the Real Estate Development Chamber in the New Urban Communities Authority (NUCA) and the 6th of October City Development Authority's buildings
Sixth of October Development and Investment Company (SODIC) has achieved EGP 1 bn in presales of its all-villa signature community, “The Estates,” on September 28 during the first day of the launch
Palm Hills Developments (PHD) has invested nearly EGP 300 mn in the Egyptian hospitality industry to implement two niche boutique hotels within Hacienda White and Hacienda Bay, its flagship projects on the North Coast.
Egypt's cabinet has ratified to amend provisions of a presidential decree to reallocate 7,211.35 acres of state-owned lands in Dakahlia Governorate to the New Urban Communities Authority (NUCA), instead of 5,913 acres, for building New Mansoura.
The Ministry of Housing handed over on September 28 the first batch of social housing units in New Aswan to beneficiaries, presenting 1,506 out of the total 3,951 properties allocated to low-income citizens.
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