News / Egypt

Madbouly Follows Up on Projects Worth EGP 37 bn in New Cities

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly held a meeting with leaders of the ministry and the New Urban Communities Authority (NUCA) on January 25 to follow up on projects worth of EGP 37 bn in new cities, Invest-Gate reports.

Egypt’s New Compensation Law Protects Contractor

The government’s compensation law for contractors protects the construction sector rather than compensating contractors, according to Mohamed Badawy for Contracting Company Chairman Mohamed Desouky.

Arab Contractors to Construct Infrastructure projects, New Cairo

Arab Contractors will construct roads in social housing project located in New Cairo at a total investment cost of EGP 75 mn

Coldwell Banker to Market View Mall, 6th of October City

Coldwell Banker will start marketing View Mall, a project developed by Kasr El Nile for Real Estate located in 6th of October City, Invest-Gate reports.

Housing Ministry Finalizes 100 Water Projects across Egypt

The Ministry of Housing, Utilities, Urban Communities has finalized 100 rural sanitation and water projects to serve around 53,000 residential units across 18 governorates, Invest-Gate reports.

Cairo University to Renovate Three Slum Areas in Giza

Cairo University will renovate three slum areas in the Giza governorate in an effort to support residents in these areas and offer public services as per the approval of University Dean Gaber Nassar, Invest-Gate reports.

EFSA Issues First Egyptian Standards for Buildings’ Financial Evaluation

The ِEgyptian Financial Supervisory Authority (EFSA) issued the first Egyptian standards for the financial evaluation of buildings on January 24.

Plans for New Mansoura City as a Coastal City Ongoing

The Ministry of Housing, Utilities, and New Urban Communities plans to execute developments in New Mansoura City located in the Dakhlia governorate, Invest-Gate reports.

Sadat City to Develop EGP 210 mn Water Waste Management Projects

Sadat City will construct facilities and water projects to conserve water wastes in the upcoming period at a total investment cost of EGP 210 mn following NUCA’s approval, Al Mal reports.

Specification Drafts for Offered Lands Available as of January 31

New Urban Communities Authority is to make booklets conditions an specification booklets for offered lands across 10 cities available as of January 31

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