News / Egypt

AMG to Oversee Green Area Project in 10th of Ramadan City

Amar Consulting Group will supervise the execution of Green Area residential project in the 10th of Ramadan City, at a total investment cost of EGP 120 mn.

Social Housing Fund Allocates Homes to Interior Ministry

The Social Housing Fund approved the allocation of 864 social housing units in New Sohag to Ministry of Interior employees.

Eight Tenders Offered for 97 Housing Units in Upper Egypt

Eight tenders were offered for 97 houses in villages in Assiut, Minya, Sohag and Qena, according to Mohamed Nasser, Head of the Central Agency for Development in the Ministry of Housing, Utilities, and Urban Communities.

2,400 Land Plots Delivered for Social Housing in New Tiba City

Approximately 2,400 land plots have been delivered in New Tiba City as part of a social housing program, according to Ashraf Fathy Abdelrahman, head of the New Tiba Authority.

Hill International Seeks to Manage New Administrative Capital

US-based Hill International, a real estate management firm, is in negotiations with the Egyptian Armed Forces Engineering Authority over managing the development of the New Administrative Capital, according to Waleed Abdel Fattah, Senior Vice President and North Africa Regional Manager of the firm.

Capital Group to Begin Construction for Alburouj First Phase

Capital Group Properties will launch construction in the first phase of their project Alburouj, under the name Acamar, at an investment cost of EGP 40 bn, according to Walid El-Hindi the company’s CEO.

Contractors Federation Suggest Resolutions to Economic Challenges in Construction

The Egyptian Federation for Construction and Building Contractors offered a number of suggestions to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly in efforts to tackle challenges faced in the construction sector due to the pound flotation.

NUCA Extends Deadlines for Cooperative, Syndicate Housing Projects

The Ministry of Housing, Utilities, and Urban Communities agreed to extend the deadline for year for cooperative housing associations and professional syndicates who received lands from New Urban Communities Authority (NUCA) to finalize projects that have not yet been completed.

Housing Ministry Offers Land to Build Hospital in Upper Egypt

The Ministry of Housing, Utilities, and Urban Communities plans to offer land tenders in one of the new cities located in Upper Egypt to build a branch of Abo El Reesh Children’s Hospital in efforts to meet demand of residents in the area, according to Minister of Housing Mostafa Madbouly.

Dar Misr Unit Prices Increase Following Pound Flotation

The Ministry of Housing, Utilities, and Urban Communities has increased the price per square meter in the cities included in the third phase of the Dar Misr project as a result of the flotation of the Egyptian Pound and the increasing prices of building material.

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