News / Egypt

Engaz Seeks 1,000 Acres in Fayoum

Engaz for Real Estate Investment and Development is seeking 1,000 acres of land from the 1.5 million acres offered in Southern Fayoum.

PACT to Promote Second Phase of White Bay Project

PACT Real Estate Group, an Egypt-based property developer, plans to promote 125 new units by the end of 2016, said Moaaz Wessam, PACT Managing Director.

5 MOU Signed for Capital Group’s Al Burouj Project

Capital Group Properties (CGP), a subsidiary of Abu Dhabi Capital Group, signed five memoranda of understanding (MOU) with local and international organizations to implement the Al Burouj project.

Ministry of Housing to Offer 3,000 Acres in New Administrative Capital in October

The Ministry of Housing, Utilities, and Urban Communities will offer at least 3,000 acres of land in the New Administrative Capital to investors next October.

Ministry of Housing to Sell Residential Units to Egyptian Expats in Dollars

The Ministry of Housing, Utilities. and Urban Communities plans to offer residential units and land plots for Egyptians abroad with the fees to be paid in US dollars, said Minister of Housing Mostafa Madbouly.

NUCA Offers 345 Plots in Public Land Tender

The New Urban Communities Authority (NUCA) will offer 345 plots of land in new cities in a public land tender, through the one-stop shop system.

Ministry of Housing: Expansion of Drinking Water Plants to be Completed in Weeks

The next few weeks will see a large number of sanitation and drinking water projects delivered in several governorates, said Mostafa Madbouly, Minister of Housing, Utilities and Urban Communities.

Al Ahly to Open Saudi Arabia Branch Within 4 Months

Al Ahly For Real Estate Development Company, an Egypt-based real estate developer, will open a new office branch in Saudi Arabia within four months.

EMAC to Complete 77 km of Road in 2017

EMAC Contractors, an affiliate of Kuwait-based Al Kuwait’s Al Kharafi & Sons Group, is expected to complete 77-kilometer roadwork in one year, said EMAC Executive Manager Samir Fathy.

Tenders for 18,100 Units in 1 M Units Project to Be Offered Next Month

The Central Development Authority (CDA) finalized the terms of reference booklet for the bidding procedures ahead of the implementation of 18,100 residential units, as part of the One Million Unit project.

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