NUCA to Complete Utility, Infrastructure Work for 30,000 Acres by 2017

• Thursday, 4th August 2016
• by Heba Eid

The New Urban and Communities Authority (NUCA) is scheduled to complete infrastructure and utilities for 30,000 acres by the end of 2017.

Redcon to Complete Construction on the EGP 800 M Building in August

• Thursday, 4th August 2016
• by Heba Eid

Redcon Construction company is set to complete construction on its new EGP 800 million administrative building by the end of August.

World Bank Loans $550 M for Sewage Treatment Service in 155 Towns

• Thursday, 4th August 2016
• by Heba Eid

The Ministry of Housing signed a consultancy contract with the World Bank to finance the sustainable sewage services program in rural areas.

Ministry of Housing to Offer 58,800 Plots in Land Tender for Individuals

• Wednesday, 3rd August 2016
• by Heba Eid

The Ministry of Housing will start selling the terms of reference brochures for public land tender for individuals, starting Sunday August 7th.

EFSA: Property, Land Leasing Represents 73% of Leasing Contracts

• Wednesday, 3rd August 2016
• by Heba Eid

Property and land leasing represent 73% of leasing contracts, with costs of EGP 8 billion, said Sherif Samy, Head of the Egyptian Financial Supervisory Authority.

NUCA Invites Developers for PPP Auction

• Wednesday, 3rd August 2016
• by Heba Eid

The New Urban Communities Authority is preparing to invite a number of real estate developers to compete in a new phase of public-private partnership (PPP) projects.

Delivery of New Cairo Middle Income Housing Delayed

• Wednesday, 3rd August 2016
• by Heba Eid

The Ministry of Housing announced that it will not be able to deliver the first phase of the middle-income social housing project in New Cairo within the scheduled time frame, which was set for June 2016.

Cabinet Approves CGP’s Al Burouj Project

• Wednesday, 3rd August 2016
• by Heba Eid

Capital Group Properties (CGP) for real estate development received the cabinet approval of the Al Buruj project and offering the units for the public.

KPM Invests EGP 350M in Sharm El Sheikh

• Tuesday, 2nd August 2016
• by Heba Eid

Kuwait Projects Managment (KPM), Kuwait-based real estate marketing company, will purchase a tourist residential project in Sharm El-Sheikh, announced Dani Khalil, KPM's vice chief executive.

HELI Reaps 95.6% Increase in Profits

• Tuesday, 2nd August 2016
• by Heba Eid

Heliopolis Company for Housing and Development announced a 95.6% increase in net profits for the current fiscal year, compared to last year.