News / Egypt

34,000 Acres in Wadi Al Natroun to be Tendered on August 21

TThe Government Services Authority is scheduled to offer 34,000 acres in a public land auction in Natroun Valley, on behalf of the Land Recovery Committee.

Dashour Social Housing Owners in Protest

Owners of the social housing units in Dashour, 6th of October City are protesting against high interests on the required maintenance deposit.

Abraj Misr Launches New Phase of North Coast’s The Shore Project

Abraj Misr, an Egypt-based real estate developer, launched a new phase of The Shore project in Ras El Hekma in the North Coast.

New Avenue, Premiere Financial Consultants Sign Cooperation Protocol Agreement

New Avenue Real Estate, a real estate marketing and brokerage firm, signed a cooperation protocol with Premiere Financial Consultants Inc. to jointly implement projects and develop strategic alliances with investors and developers.

14,000 Applied to Obour City Authority to Validate Land Ownership

About 14,000 people have applied to the Obour City Authority to have their land ownership validated following the presidential decree for the establishment of New Obour City.

CBE Allocates EGP 500M to Mortgage Initiative

The Central Bank of Egypt (CBE) allocated EGP 500 million to mortgage finance firms as the first of many tranches to be allocated.

ARCO Egypt Launches EGP 2 B City Stars Al Sahel Project

Al Arabia Real Estate and Development (ARCO Egypt), an Egypt-based real estate developer, launched the first phase of City Stars Al Sahel Project.

Details of New Social Housing Program Revealed

The details of the new social housing program approved by the Cabinet have been released by Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

EGP 400M for Utilities, Infrastructure in New Suhaj City

The New Suhaj City Authority is investing EGP 400 million to add utilities and infrastructure in New Suhaj's fourth and fifth districts.

City East Awarded Tender for 17 Acre Development in Ismailia

City East Company for tourism projects and urban developments won the bidding for a 17-acre tender in the Abu Khalifa district in Ismailia.

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