News / Egypt

8592 Social Housing Units Completed in New Assiut City

A number of housing, water, sewage, agriculture, electricity and communications projects have been completed in New Assiut City at a total cost of EGP 3.2 billion, according to Mostafa Madbouly, Minister of Housing, Utilities, and Urban Communities.

High Turnout on Units in Madinaty and Rehab

The Housing and Development Bank has witnessed a large number of applicants in its Mohandiseen and Abas El Akkad branches looking to reserve units located in Rehab and Madinaty.

EGP 2.3 bn in Housing, Infrastructure Projects Underway in Kafr El Sheikh  

Over EGP 2.3 bn in infrastructure and housing projects are set to be built in Kafr El Sheikh, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

NUCA Extends Deadline for Payments for Permit-Holders in New Cities

The New Urban Communities Authority has extended the deadline to receive the full payment on concessions for residential, commercial and administrative units in new cities until December 31 in efforts to facilitate the avoidance of penalties, according to a statement from the Ministry of Housing, Utilities, and Urban Communities.

7 Project Tenders to be Offered in New Cities

A number of new projects are set to be tendered in the Greater Cairo area as well as a number of other governorates, including the development of a road lighting network, the development of Street 90 in New Cairo and other roads and developments in several other Cairo districts.

EFG Hermes Foundation Announces Milestone in its Al Makhzan Poverty Alleviation Program

EFG Hermes Foundation announced the completion of a milestone in its Project Al Makhzan poverty alleviation program in Qena made possible by an EGP 9 million contribution by the Kuwaiti Initiative Group for the Support of the Egyptian People, according to Minister of Social Solidarity Ghada Waly.

Global Design to Supervise Construction of 2 New Hotels

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

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

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

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.

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