Real Estate Expo to Launch on November 3 in Maadi Club

• Thursday, 27th October 2016
• by Karim Mohy

Real Estate Expo is set to take place on November 3 at the Maadi Club to serve as an exhibition for the country’s most prominent real estate developments. The exhibition also aims to spotlight various payment methods to reportedly cater to all segments of buyers.

Madbouly: Affordable Housing Shortage to be Resolved in 4 Years

• Thursday, 27th October 2016
• by Karim Mohy

The shortfall of affordable housing in Egypt will be resolved within four years based on the current rate of construction implemented under the social housing program, according to Mostafa Madbouly, Minister of Housing, Utilities, and Urban Communities.

Inertia Egypt to Deliver West Hills and G Cribs Units

• Thursday, 27th October 2016
• by Karim Mohy

Egyptian real estate developer Inertia Egypt has started handing over units in its West Hills development in Giza and the second phase of its G Cribs development in Gouna.

2,876 Social Housing Units Completed in Sohag

• Thursday, 27th October 2016
• by Karim Mohy

Around 2,876 social housing units have been completed in Sohag as part of the social housing program’s first phase, with 1,568 of those units equipped with utilities, according to Sohag Governor Ayman Abdel Moneim Governor.

Madbouly Vows to Resolve Contractors’ Issues

• Wednesday, 26th October 2016
• by Karim Mohy

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with Hassan Abdelaziz, head of the Egyptian Federation for Construction and Building Contractors to resolve contractors’ issues, especially with regard to the increase of building material prices and the decrease of the Egyptian pound against the dollar.

Housing Ministry to Extend Sewage to 818 Villages by FY 2016/2017

• Wednesday, 26th October 2016
• by Karim Mohy

The Housing Ministry seeks to extend sewage networks to 818 villages by the end of next fiscal year at a cost of EGP 13.5 bn.

Secon to Offer Tenders on New Residential Project in 4 Months

• Wednesday, 26th October 2016
• by Karim Mohy

The Saudi Egyptian Construction Co. (Secon) will offer tenders for the second and third phase of its Riyadh residential project in New Cairo within the next four months.

NUCA Appoints 4 Contractors for Projects in New Cairo

• Wednesday, 26th October 2016
• by Karim Mohy

New Urban Communities Authority (NUCA) has assigned four contractors to implement projects for the Bait Al Watan project at a cost of EGP 160 mn and which will include electricity, sewage, and other facilities in New Cairo.

NUCA Partnership Projects with Palm Hills, Arabia Group Set to Kick Off

• Wednesday, 26th October 2016
• by Karim Mohy

The New Urban Communities Authority (NUCA) will partner with Palm Hills Developments and Arabia Group to develop two real estate projects next month.

Housing Minister, MPs Discuss Oversight Mechanisms for New Cities

• Tuesday, 25th October 2016
• by Karim Mohy

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with parliament members to discuss possible oversight mechanisms for the public on new cities.