Real Estate Prices Increase by 25% in Obour City

• Wednesday, 21st September 2016
• by Fatma Khaled

Obour City is currently experiencing great demand on residential and commercial properties, according to real estate experts who projected an increase of property prices by over 25% compared to last year’s prices.

Madaar Promotes Units in Azha Ain Sokhna

• Wednesday, 21st September 2016
• by Fatma Khaled

Madaar, an Egyptian property developer, has marketed more than 400 high-end units in its Azha Ain Sokhna development, following the launch of the project at the beginning of this year.

Promotion Campaigns Set to Attract Foreigners to North Coast

• Wednesday, 21st September 2016
• by Fatma Khaled

The Tourism Promotion Authority is expected to begin promoting tourism in the North Coast for people living abroad within the next weeks.

NUCA Approves EGP 37 B Investment Plan for FY 2016/2017

• Tuesday, 20th September 2016
• by Fatma Khaled

The Ministry of Housing, Utilities, and Urban Communities is planning a number of projects, noting that an investment plan worth EGP 37 billion was ratified by the New Urban Communities Authority (NUCA).

11 Water Sanitation Projects to be Built in North Sinai

• Tuesday, 20th September 2016
• by Fatma Khaled

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with officials from the National Authority for Potable Water and Sewage and the Holding Company for Water and Wastewater to resolve water issues through 11 new projects that will be established in North Sinai.

20,000 SQM of Land Allocated for Public Services in Sharm El Sheikh

• Tuesday, 20th September 2016
• by Fatma Khaled

The General Authority for Tourism Development has ceded 20,000 square meters of its land in favour of establishing public services in the Nabaq area of Sharm El Sheikh.

Colliers: Housing Demand Expected to Grow

• Tuesday, 20th September 2016
• by Fatma Khaled

Demand on residential units is expected to increase to approximately 115,000 units per year, according to Ian Albert, the Regional Director at Colliers International Middle East and North Africa.

Company Fined EGP 5 M for Delayed Construction in New Assiut

• Monday, 19th September 2016
• by Fatma Khaled

The New Urban Communities Authority (NUCA) decided to settle the dispute over the land allocated for the Hotel School Project owned by the Educational Arabic Institution Company in New Assuit.

Real Estate Developers to Construct Social Housing Projects

• Monday, 19th September 2016
• by Fatma Khaled

The Cabinet approved on the draft of terms and conditions regarding collaboration with real estate developers in building units in the Social Housing Project aimed at low-income citizens.

Moukhtar Ibrahim Constructs 4 New Bridges in 2017

• Monday, 19th September 2016
• by Fatma Khaled

Egyptian construction company Societe Egyptienne D’enterprises (Moukhtar Ibrahim) is set to deliver four new bridges in 2017 at a cost of EGP 500 million, as part of the country’s national road scheme.