Global Design to Supervise Construction of 2 New Hotels

• Sunday, 16th October 2016
• by Joana Saba

Global Design for Engineering Consultancy is partnering with several investors in the touristic sector to build two hotels at a cost of EGP 300 million.

Lands to be Offered in New Administrative Capital

• Thursday, 13th October 2016
• by Fatma Khaled

The government has approved offering lands for various activities to investors in the New Administrative Capital, according to Kamel Al Wazir, head of the Armed Forces Engineering Authority.

Several Developments to be Constructed in New Tiba City

• Thursday, 13th October 2016
• by Fatma Khaled

Construction has commenced on several developments in New Tiba City, including three roads that will cost of EGP 22 million.

Applicants Given 1 Month Extension for Dar Misr Units’ Down-Payment

• Thursday, 13th October 2016
• by Fatma Khaled

The New Urban Communities Authority (NUCA) has granted a one month for applicants to complete the 20% down-payment for the second phase of units in the Dar Misr project.

Samcrete Finalizes Pyramids Heights Residences’ Designs

• Thursday, 13th October 2016
• by Fatma Khaled

Samcrete Engineers & Contractors (SMCS) has finalized designs for Pyramids Heights Residences project at a total cost of EGP 1.2 billion, aiming at bringing revenues worth of EGP 2 billion.

Commercial Mall to be Launched in 15th of May City

• Thursday, 13th October 2016
• by Fatma Khaled

The 15th of May City Authority is offering construction tenders for a commercial mall on an area of 120 acres, as part of the fourth phase of the social housing project next month.

Ministry Clarifies Status of Social Housing Applications in Port Said

• Wednesday, 12th October 2016
• by Fatma Khaled

Following the confusion that arose regarding the status of applicants in the social housing programme in Port Said, Head of the Mortgage Finance Fund Mai Abdel Hamid clarified that only 26,875 of the previous applicants were accepted, after the applications were sorted for eligibility.

Capital Group Appoints Hassan Allam to Execute Al Burouj Townhouses

• Wednesday, 12th October 2016
• by Fatma Khaled

Capital Group Properties has assigned the construction of 250 townhouses in Al Burouj project in Shorouk City to Hassan Allam Contracting Company, which will commence construction work this month.

MFF Head: VAT, Dollar Value to Increase Real Estate Prices

• Wednesday, 12th October 2016
• by Fatma Khaled

The increasing value of the dollar and the new value-added tax (VAT) are expected to result in an increase in the prices of social housing units, according to Mai Abdel Hamid, Head of the Mortgage Finance Fund.

Housing Ministry to Remove Violations in New Cities

• Wednesday, 12th October 2016
• by Fatma Khaled

Five administrative orders have been issued by the Ministry of Housing, Utilities, and Urban Communities to remove violations in new cities, in efforts to preserve the image of new projects.