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Gov’t to Finalize Over 3,000 Units in West Assiut Next Month: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has revealed that a total of 3,024 units will be completed in Nasser City, west Assiut, by the end of August.

Club Villa Phase I Sold Out Within 5 Hrs: Mountain View

Egypt's property developer Mountain View has completed the sale of the first phase of its latest project at Mountain View iCity Club Park, Club Villa, in east Cairo, within five hours of its launch.

EIB Plans to Finance NAC’s Monorail Project

The European Investment Bank (EIB) eyes financing the monorail project that will link Greater Cairo to the New Administrative Capital (NAC).

RFCO Announces 30% Rise in IL Mondo Prices

Ramy Fares Company for Construction Development (RFCO) has announced a 30% increase in the unit prices of its New Administrative Capital (NAC) project, IL Mondo.

EBRD to Offer USD 200 mn to Finance Green Mall in East Cairo

The European Bank for Reconstruction and Development (EBRD) plans to provide USD 200 mn loan to finance building a green shopping and entertainment mall, City Center Almaza, in east Cairo.

Non-Residents’ Property Purchases Reach USD 725.7 mn: CBE

The Central Bank of Egypt (CBE) said transfers by non-residents for real estate purchases in the country has spiked to USD 725.7 mn during the first nine months of FY 2018/19.

SODIC’s Educate Me Inks Deal to Support Education Reform in Egypt

Sixth of October Development and Investment's (SODIC) key corporate citizenship program Educate Me has signed a cooperation protocol with the Ministry of Education to support education transformation in Egypt.

Gov’t Announces New Fuel Prices Under IMF Deal

Egypt’s petroleum ministry announced on July 5 raising fuel prices between 16% and 30%, marking the latest round of fuel subsidy cuts

Misr Italia Launches IL BOSCO City with EGP 22 bn Investments

Misr Italia Properties (MIP) has announced the launch of its newest residential project in Mostakbal City, IL BOSCO City, with investments worth EGP 22 bn.

Assiut Plateau is 96% Completed: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has noted that construction work is on the verge to finish at Assiut Plateau road project, situated in western Assiut governorate, with implementation rate reaching 96% up to date.

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