News / Egypt

Public Lottery to Distribute 7,941 Social Housing Units in Port Said

A public lottery will be held to distribute 7,941 units as part of the first phase of a social housing program in Port Said, according to MP Ahmed Farghaly.

Final Phase of Al Madina Al Monawara Compound on Offer in 2017

Al Madina Al Monawara for Real Estate Investment will deliver the final phase of its 18-acre project in 6th of October City in 2017.

Leena Springs Phases 2 and 3 to be Delivered in December

Egypt-based Leena for Tourism and Real Estate Investment will deliver the second and third phases of its 38-acre New Cairo development Leena Springs in December.

Contractor Removed from Sharqiya Project over Delays, Poor Construction Work

The Housing Authority in Sharqiya has withdrawn 65 buildings in the second phase of a social housing program from Majd Contracting Company due to poor construction work, for failing to comply with agreed upon quality standards, and for completing only 20% of the total project.

Mountain View-iCity to Launch Second Phase in New Cairo

Private developer Dar Al Mimar Group, more commonly known as Mountain View, in alliance with Saudi-based Sisban Holding, will launch the second phase of the Mountain View-iCity development in New Cairo.

Several Contractors and Developers Involved in New Administrative Capital City

The New Urban Communities Authority announced that approximately 20 requests have been offered by various contractors and developers to work on the capital.

Infrastructure Projects on Track in New Cities

Five residential buildings have been completed as part of the social housing program in New Fayoum City, according to Mostafa Madbouly Minister of Housing, Utilities, and Urban Communities.

NUCA to Receive Its Last Share of Payment-in-kind Units in Madinaty

The New Urban Communities Authority (NUCA) will receive its last share of payment-in-kind buildings in Madinaty spread over 1.1 mn square meters.

Awqaf Investment Arm to Begin Construction on Faraskour Compound in Damietta

Ibrahim Mahlab, presidential adviser for national strategic projects, has demanded construction begin on a residential compound in Faraskour, Damietta under the supervision of Damietta’s governor and the Ministry of Religious Endowments’ investment arm, El Watania Group for Awqaf Investments.

Tabarak Begins Construction on Capital East Residential Compound

Tabarak Holding has broken ground on their EGP 450 mn Capital East compound located in Nasr City and opened reservation applications.

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