News / Egypt

New Residential Projects Planned in Upper Egypt

Ardic for Real Estate Development (Zizinia) has requested land plots in the cities of Upper Egypt that are operated by the New Urban Communities Authority (NUCA) to develop a new residential project with facilities.

7,690 Social Housing Units to be Implemented in Beheira

A total of 7,690 social housing units will be constructed in the governorate of Beheira in the Nile Delta, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

Mortgage Finance Fund Loans Remain Steady Amid Interest Hikes

The loans provided by the Mortgage Finance Fund for real estate, targeting middle- and low-income citizens, will remain steady amid a 3% increase in key interest rates at banks, Mai Abdel Hamid, Chairman of Mortgage Finance Fund told Invest-Gate.

Housing Ministry Delivers 3,547 Units in Gharbeya

A total of 3,547 social housing units have been delivered to citizens in Gharbeya after the signing of contracts, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

Obour City Continues Campaign to Resolve Building Violations

A total of 64 cases of building violations have been resolved or removed amid a larger campaign to remove any types of violation across Obour City.

AqarMap: 4% Increase in Demand on Real Estate

A high demand on buying properties was recorded in the Egyptian real estate market in October, marking a 4% monthly increase, according to statistics from AqarMap.

DMA, CallisonRTKL Launch Strategic Partnership to Manage New Cities

Dar Al-Mimar Architects (DMA) has signed a strategic partnership agreement with with CallisonRTKL, a global management company, to manage smart cities and undertake smart urban development.

Housing Ministry to Promote Projects in New Alamein City

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with several tourism investors to discuss plans to promote new projects in New Alamein City.

Housing Ministry Offers 600 Social Housing Units for Victims of Ras Ghareb Floods

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly confirmed that the ministry will be offering 600 residential units to victims of the torrents that occurred earlier in Ras Ghareb.

11,800 Citizens Withdraw Terms & Conditions for Social Housing

The Ministry of Housing, Utilities, and Urban Communities received a report stating that approximately 11,800 citizens have withdrawn the terms and conditions for social housing, while 2,750 citizens have made a down-payment.

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