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Gov’t to Deliver Over 500 Units in New Damietta

Prime Minister and Minister of Housing, Utilities, and Urban Development, Mostafa Madbouly, has revealed that New Damietta Development Authority is going to deliver 504 units as part of Dar Misr project in the city starting from Sunday, September 16

NUCA, Al Futtaim Sign Protocol to Establish Commercial Hubs in Egypt

The New Urban Communities Authority (NUCA) and Majid Al Futtaim have signed a protocol of cooperation for the establishment and management of commercial hubs in the new cities of NUCA

Egypt’s TMG Holding Logs 11% Net Profit Rise in H1

Egyptian real estate developer Talaat Moustafa Group (TMG) Holding announced a rise of 11% in its net profits in the first half (H1) of 2018

Final Stage of Reserving New Capital Units Has Began: Madbouly

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, announced that the final step for the electronic booking of the Capital Residence compound, in the New Administrative Capital, began on Sunday, August 12 and will continue until Saturday, August 18 - or until all units are booked

Cabinet Approves Amendments to Real Estate Tax Law

Egypt's Cabinet, headed by Prime Minister Mostafa Madbouly, has discussed several issues including the implementation of the real estate tax and its valuation

Egypt Sees Construction Boom With USD 348 bn Active Projects

Egypt is going through a phase of economic prosperity across the board, particularly in the construction sector, with over 1,400 construction projects being implemented with investments valued at USD 348.2 bn

Egypt Property & Investment Show to Be Held on September 5

UAE-based Al Nayrouz Exhibitions is partnering with Everest Real Estate Investment to hold “Egypt Property and Investment Show” to boost Egypt’s real estate market

Investment Opportunities in 4 Mega Projects in 10th of Ramadan: PM

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, has announced the availability of promising investment opportunities in four mega projects in the 10th of Ramadan City

Exemptions Booklet Released for Real Estate Taxpayers

The Egyptian Real Estate Tax Authority has published a booklet including the conditions for exempting privately owned houses from real estate taxes

Sisi Opens Sohag National Museum

President Abdel-Fattah El-Sisi inaugurated Sohag National Museum on Sunday, August 12, in the presence of Prime Minister Mostafa Madbouly, Minister of Antiquities Khaled al-Anani, and other senior state officials

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