The New Urban Communities Authority (NUCA) announced on October 9 that over 7,000 residential units will be open for reservation at JANNA luxury housing project, starting October 14.
Held under the auspices of the Minister of Housing, Utilities & Urban Communities, Invest-Gate hosted its second roundtable "Real Estate Tourism Development" on October 23 and was successfully received
Egypt-based Grand Plaza for Real Estate and Tourism Investment has pumped investments worth EGP 5 bn in La Mirada El Mostakbal in east of Cairo, of which EGP 1.5 bn were allocated for the land's cost and EGP 3.5 bn for the implementation process
Orascom Development Holding (ODH) said that a new report by a US firm has valued its land banks and 17 hotels at the Red Sea resort of El Gouna at USD 2.1 bn, 42 times its current book value
Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly said the total investments in New Damietta reached EGP 7.2 bn, with about 984 distinguished housing units will soon be finalized and offered shortly afterwards
Egypt and the World Bank (WB) have signed a USD 300 mn agreement to bolster the infrastructure in rural areas and most needy governorates, proceeding with the "Sustainable Rural Sanitation Services Program"
Egypt and the European Investment Bank (EIB) signed on October 17 an EUR 214 mn deal to support the Kitchener Drain depollution project, out of total financing worth EUR 400 mn
The board of directors of the Social Housing and Mortgage Finance Fund has approved the fund's operating procedures manual, targeting to provide low-income citizens with real estate financing at a low interest rate
Heliopolis Company for Housing and Development said its board of directors approved on October 17 a long-term loan worth about EGP 1.2 bn from a national bank, to be reimbursed in seven years and a half
Egypt's property developer Master Group says that it has marketed 80% of its flagship "The City" in the New Administrative Capital, aiming to complete the project's marketing by the end of October
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