News / Egypt

NUCA to Offer 500 Acres of Lands, New Cairo

The New Urban Communities Authority (NUCA) is to offer 500 acres of lands dedicated for partnership projects with the private sector in New Cairo, Al Borsa reports

Demand on Real Estate Increases 3% in December

A 3% increase in real estate demand has been noted in December 2016 compared to the 1.5% recorded in November of the same year, according to a released statement by Aqar Map, Invest-Gate reports

Slum Areas Enhanced in Several Governorates for EGP 1.5 Bn

Several slum areas have been enhanced across the country including Cairo, Qaliubya, Alexandria, Port Said, and Kafr El Sheikh at a total cost of EGP 1.5 bn, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly, Al Borsa reports

Special Social Housing Units to be Implemented in Several Cities

The Ministry of Housing, Utilities, and Urban Communities is offering 35,000 social housing units for middle-income citizens in New Cairo, 6th of October City, Obour City, Badr City, New Minya, and New Damietta, reported Al Borsa

NUCA to Offer 5,000 Land Plots in Bait Al Watan

The New Urban Communities Authority (NUCA) will be offering 5,000 land plots in new cities as part of Bait Al Watan project offered on Egyptians abroad for an expected $ 1.8 bn, Al Borsa reports

Madbouly Follows up on Construction Updates Across the Country

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly is following on current projects constructed in the new cities and on updates in Sheikh Zayed, according to a released statement, Invest-Gate reports

Over 5700 Homes Delivered in 2016, Cairo

The governorate of Cairo has delivered 5,710 residential units across various projects to those in need of shelter, Cairo Governorate Spokesman Khaled Mostafa tells Invest-Gate

Special Land Plots Delivered in Sheikh Zayed

A number of special land plots were delivered in Sheikh Zayed on Sunday, after they were previously offered in lottery last July, according to Gamal Talaat, head of the Sheikh Zayed Authority.

Housing Ministry Offers 6 Land Plots in New Damietta

Six land plots dedicated for mixed-use projects have been offered in New Damietta City following by the Ministry of Housing, Utilities, and New Urban Communities in a public auction.

Egyptian Government to Adjust Building Contract Prices

The Egyptian Cabinet has approved on adjusting prices of contracts for the implementation of 75,000 social housing units in 6th of October City, Badr City, and Obour City, to be revalued at EGP 145,000 per unit.

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