3 Suez Canal Tunnels to be Finalized by 2018

• Thursday, 22nd September 2016
• by Fatma Khaled

Orascom Construction and the Arab Contractors Company are partnering up to dig three tunnels under the Suez Canal that will be finalized by the end of 2018, according to Mohsen Salah, Chairman of the Arab Contractors Company.

NUCA Drafts Conditions for Purchase of Dar Misr Units

• Thursday, 22nd September 2016
• by Fatma Khaled

The New Urban Communities Authority (NUCA) has completed the drafting of the conditions for the purchase of over 10,000 units offered next month in the second phase Dar Misr project, targeting for middle-income citizens.

7,000 Units Under Construction to Replace Slums in Cairo

• Thursday, 22nd September 2016
• by Fatma Khaled

The Slum Development Fund will launch 7,000 residential units in the Manshiyet Nasr district in Cairo, over an area of 140 acres, in efforts to replace unsafe slums

Abraj Misr’s Total Investments Record EGP 7 B

• Thursday, 22nd September 2016
• by Fatma Khaled

Abraj Misr has announced that total investments in Egypt are currently worth EGP 7 billion ($788.2 million), with plans to take over the development of government-owned projects.

World Bank Commends Egyptian Social Housing Projects

• Thursday, 22nd September 2016
• by Fatma Khaled

Officials at the World Bank has praised the efforts made by the Egyptian Ministry of Housing, Utilities, and Urban Communities in the implementation of social housing schemes.

Real Estate Prices Increase by 25% in Obour City

• Wednesday, 21st September 2016
• by Fatma Khaled

Obour City is currently experiencing great demand on residential and commercial properties, according to real estate experts who projected an increase of property prices by over 25% compared to last year’s prices.

Madaar Promotes Units in Azha Ain Sokhna

• Wednesday, 21st September 2016
• by Fatma Khaled

Madaar, an Egyptian property developer, has marketed more than 400 high-end units in its Azha Ain Sokhna development, following the launch of the project at the beginning of this year.

Promotion Campaigns Set to Attract Foreigners to North Coast

• Wednesday, 21st September 2016
• by Fatma Khaled

The Tourism Promotion Authority is expected to begin promoting tourism in the North Coast for people living abroad within the next weeks.

NUCA Approves EGP 37 B Investment Plan for FY 2016/2017

• Tuesday, 20th September 2016
• by Fatma Khaled

The Ministry of Housing, Utilities, and Urban Communities is planning a number of projects, noting that an investment plan worth EGP 37 billion was ratified by the New Urban Communities Authority (NUCA).

11 Water Sanitation Projects to be Built in North Sinai

• Tuesday, 20th September 2016
• by Fatma Khaled

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with officials from the National Authority for Potable Water and Sewage and the Holding Company for Water and Wastewater to resolve water issues through 11 new projects that will be established in North Sinai.