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NUCA Allocates 5 Lands for Development Projects in West Cairo

New Urban Communities Authority’s (NUCA) board of directors has allocated five land plots for the development of various projects in 6th of October City, west Cairo, with payments to be made in dollars via bank transfers overseas.

Concrete Structures of New Alamein Int’l University 80% Done: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said four engineering faculties are set to start running in the next academic year at New Alamein International University for Sciences and Technology in the North Coast, with concrete structures 80% done.

Better Home Opens New Cairo’s MidTown Mall

Egypt's Better Home Group inaugurated on June 21 MidTown Mall in New Cairo, coming simultaneously with the kickstart of the 2019 Africa Cup of Nations (AFCON).

Porto Cairo Presents EGP 50,000 Prizes for AFCON Contest Winners

Porto Cairo Mall will be live broadcasting the 2019 African Cup of Nations (AFCON) games on gigantic screens, providing its visitors a stadium-like experience, while holding prediction competitions with valuable prizes.

Jadeer to Launch 2nd Phase of New Cairo’s Swara

Jadeer Real Estate Group aims to launch the second phase of its New Cairo mini-compound Swara next summer, after the complete sale of the project's first phase.

Egypt to Net USD 9.1 bn Under US Mideast Peace Plan

Egypt is expected to net as much as USD 9.1 bn worth of investments as part of the White House's USD 50 bn Middle East economic plan, which calls for the development of a global investment fund to uplift the Palestinian and neighboring Arab state economies.

PPP Act Amendments Passed to State Council for Review

Egypt's finance ministry has finalized proposed amendments to few provisions of the public-private partnership (PPP) act, which were already ratified by the cabinet and passed to the State Council for legal review, attempting to streamline procedures in this regard

Misr Italia to Pump EGP 50 bn into Projects by Year-End

Chairman of Misr Italia Properties Hany Al Assal has revealed that the company plans to pump a total of EGP 50 bn into the real estate market in 2019, aiming to achieve a sales target of EGP 6 bn from its various projects in Egypt by year-end.

Emaar Misr Completes Delivery of Beyout El Kheir Phase I

Emaar Misr and Misr El Kheir Foundation have announced the delivery of the first phase of Beyout El Kheir project (Homes of Generosity) on June 18, covering Matrouh, Beheria, Aswan, and Qena provinces.

Lessors Can Now Register Leased Properties: Interior Ministry

Egypt's interior ministry now offers an online service that allows lessors to register properties they rent out across all governorates, in an aim to lead the country toward a digital transformation and a cashless economy.

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