Road Tunnels in Suez Canal to Cost Roughly EGP 18 to 19 bn

• Thursday, 22nd December 2016
• by Farah Montasser

At roughly an estimate of EGP EGP 18 to 19 bn, Arab Contractors, in partnership with Orascom Construction, are to implement two road tunnels as part of the Suez Canal project in Port Said, reports Al Mal

Moukhtar Ibrahim Co. Hits The New Capital With Six Residential Projects

• Thursday, 22nd December 2016
• by Farah Montasser

Egyptian Real Estate Developer Moukhtar Ibrahim is to set foot into the new Administrative Capital with six residential buildings at a total cost of EGP 75mn, reported Amwal El Ghad

Approximately 200,000 Social Housing Units Completed Across Egypt

• Wednesday, 21st December 2016
• by Farah Montasser

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly confirmed the completion of approximately 200,000 social housing units with plans to reach 500,000 homes by the end of 2017 during the 33rd Council of Arab Ministers of Housing and Construction held in Riyadh earlier this week, reported Invest-Gate

Egypt Showcases Housing developments at an Arab Council, Riyadh

• Tuesday, 20th December 2016
• by Farah Montasser

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly accompanied by a delegation from ministry headed to Riyadh, Saudi Arabia, to discuss the housing development in Egypt at the 33rd Council of Arab Ministers of Housing and Construction, Invest-Gate reports

Tunnel Projects Progress in Suez Canal

• Tuesday, 20th December 2016
• by Farah Montasser

Projects underneath the Suez Canal as part of the canal’s development, including its expansion of last year, are being implemented, Invest-Gate reports

New Fayoum Completes 307 Social Housing Units

• Tuesday, 20th December 2016
• by Farah Montasser

New Fayoum City has completed approximately 307 social housing units at a cost of EGP 40 mn, according to Ashraf Abdel Rahman head of the City’s Authority, reported Al Mal

Commercial Complex to be Developed in New Minya

• Tuesday, 20th December 2016
• by Farah Montasser

Land plots measuring a total of 13 acres have been prepared to develop a commercial/service project in New Minya City with the meter square priced at EGP 1,315, according to Mohamed Al Kosary head of the City’s Authority.

Public Service Projects to be Implemented in New Assiut in 2017

• Tuesday, 20th December 2016
• by Farah Montasser

Approximately ten new land plots will be offered for public services to investors next year in efforts to meet the demand on commercial areas, public services, offices, and entertainment areas in New Assiut City, reported Al Mal

Special Lands in Beit Al Watan Made Available for Egyptians Abroad

• Tuesday, 20th December 2016
• by Farah Montasser

The New Urban Communities Authority (NUCA) will be offering special new land plots for Beit Al Watan project for Egyptians abroad, reported Al Borsa

Dar Misr Homes Allocates 6,520 units Through Lottery

• Tuesday, 20th December 2016
• by Farah Montasser

A public lottery was held to allocate 6,520 houses in Dar Misr project , a social housing project for middle income citizens implemented in several cities, on December 18, reported Al Borsa