Administrative Capital to be Linked Railway Network

• Monday, 23rd May 2016
• by Invest Gate

The Minister of Housing, Utilities, and Urban Communities, Moustafa Madbouly, and the Minister of Transportation, Jalal Saeed have met to discuss a scheme to connect the new administrative capital with the railway network, as well as add an extension to the Asher-Bilbeis monorail to the capital’s transportation network.

2,568 Residential Units to be Offered in Madinaty and Rehab

• Monday, 23rd May 2016
• by Invest Gate

Moustafa Madbouly, Minister of Housing, Utilities, and Urban communities, announced the offering of 2,568 residential units in the suburbs of Madinaty and Rehab extension in new Cairo, reported Invest Gate.

UAE’s CGP Announced Tender for Construction of Alburouj Project

• Sunday, 22nd May 2016
• by Invest Gate

Capital Group Properties (CGP), a real estate development company owned by Abu Dhabi Capital Group (ADCG) and Al Ain properties, has announced a tender for the construction of the first phase of its latest project Alburouj.

Approval of Rent Scenario for Social Housing Project

• Saturday, 21st May 2016
• by Invest Gate

The Board of the Social Housing Fund has approved offering a portion of the social housing project for rent. The move is designed to aid citizens of provinces with extreme poverty, reported Invest Gate.

Palm Hills Plans to Establish a Base in Dubai

• Sunday, 15th May 2016
• by Nadine Abou el Atta

Palm Hills Development (PHD), an Egyptian real estate developer, is planning to open a company in Dubai, reported The National.

Extensive Campaign to Remove All Trespasses on Ismailia Road

• Sunday, 15th May 2016
• by Nadine Abou el Atta

The Ministry of Housing announced that all trespasses residing on the Ismailia Desert Road will be removed, reported Invest Gate.

NUCA Contracted 242 Companies to Implement First Phase of Social Housing Project

• Saturday, 14th May 2016
• by Nadine Abou el Atta

The New Urban Communities Authority (NUCA) hired 242 private companies to develop the first phase of the social housing project, according to Moustafa Ibrahim, a member of the housing and utilities sector’s central administration at the Ministry of Housing, reported Daily News Egypt.

Sisi Inaugurates Projects in Badr City

• Thursday, 12th May 2016
• by Nadine Abou el Atta

President Abdel Fattah El Sisi inaugurated 32 new projects in Badr City, located in north eastern Cairo. The projects will be carried out by Egypt’s Armed Forces Engineering Authority (AFEA), according to a government press release.

Egypt to offer 49 Million Square Meters of Land to Tourism Investors within Days

• Thursday, 12th May 2016
• by Nadine Abou el Atta

The Egyptian government will offer a total of 49 million square meters of land to investors in the upcoming days, said Serag El Din Saad, Head of Tourism Development Authority (TDA), in an interview with Daily News Egypt.

Egypt Signs EGP 3.2 B MoU with EBRD for Heliopolis Tram, Irrigation Upgrade

• Wednesday, 11th May 2016
• by Nadine Abou el Atta

The Ministry of International Cooperation of Egypt signed two Memoranda of Understandings (MoU) with the European Bank for Reconstruction and Development (EBRD), for the transport and water sector, reported Zawya.