Ibn Sina to Launch Residential Compound in 6th of October City

• Sunday, 9th October 2016
• by Fatma Khaled

Ibn Sina for Hotels and Resorts will launch a real estate project worth of EGP 1.5 billion in 6th of October City in 2017, on 150 acres of land.

Amer Group Offers New ‘Moneyback’ Method to Sell Units

• Wednesday, 5th October 2016
• by Fatma Khaled

Amer Group aims to sell its remaining units in eight projects through a new program called “Moneyback” that involves immediate handover and ownership of the units, while the cost will be paid off within 10 years, with a guarantee from the Arab African International Bank.

Housing Ministry to Extend Deadline to Obtain Social Housing Terms and Conditions

• Wednesday, 5th October 2016
• by Fatma Khaled

The deadline for obtaining the terms and conditions booklets to apply for social housing units has been extended to October 13, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

2 Water Stations to be Expanded in South Giza

• Wednesday, 5th October 2016
• by Fatma Khaled

Two water projects will be expanded in areas of Al Saf and Al Ayat in South Giza, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

EDFM Studies Utilizing New Lands for Real Estate Investment

• Wednesday, 5th October 2016
• by Fatma Khaled

East Delta Flour Mills (EDFM) is discussing the potential of utilzing 15 plots of land for real estate projects.

Arab Contractors Undertake EGP 2.8 M Work in New Administrative Capital

• Wednesday, 5th October 2016
• by Fatma Khaled

The Arab Contractors Company is undertaking infrastructure and housing projects at a cost of EGP 2.8 million in the New Administrative Capital, according to Arab Contractors Chairman Mohsen Salah.

Mortgage Financiers Provide EGP 2.5 M for Citizens Earning Under EGP 2,500

• Tuesday, 4th October 2016
• by Fatma Khaled

Mortgage finance companies have provided only EGP 2.5 million to citizens with incomes lower than EGP 2,500 during the first eight months of 2016, according to the Egyptian Financial Supervisory Authority.

Housing Ministry Closes Reservation of Social Housing Lands Wednesday

• Tuesday, 4th October 2016
• by Fatma Khaled

The Ministry of Housing, Utilities, and Urban Communities will close reservations of 34,800 land plots dedicated for social housing projects on Wednesday.

NBE Studies Funding 1,000 Units for Low-income Citizens

• Tuesday, 4th October 2016
• by Fatma Khaled

The National Bank of Egypt is assessing the possibility of providing EGP 10 million to fund 1,000 residential units for low-income citizens as part of a real estate initiative introduced by the Central Bank of Egypt.

Alkan Group Launches $600 M Citadel Plaza Project

• Tuesday, 4th October 2016
• by Fatma Khaled

Alkan Holdings Group is set to finalize Citadel Plaza, a five-star hotel, within five years at a cost of $600 million.