News / Egypt

HCCD Imports EGP 2B in Equipment

The Holding Company for Construction and Development (HCCD) plans to import EGP 2 billion worth of equipment over the next two years.

NUCA to Launch Second Phase of PPP Projects

The New Urban Communities Authority (NUCA) agreed to launch the second phase of the public-private partnership (PPP) projects after the success of the first phase, said Mostafa Madbouly, Minister of Housing.

JLL Report: Consumers Prefer to Rent in New Cairo Over 6th of October

A recent report by Jones Lang La Salle (JLL) revealed apartment and villa rental rates in New Cairo increased at a faster rate compared to 6th of October City.

Second Phase of the Sahaba Project Launched

The second phase of developing the Sahaba Project was launched in the presence of Ahmed Adel Darwish, Vice Minister of Housing and Development of Urban Slums and Magdi Fouad Hejazi, Governor of Aswan.

New Land Tender in Hurgada, Marsa Alam

The Red Sea governorate is preparing to tender 380 acres of land in August

Abraj Misr Makes EGP 220 Debt Repayment

Abraj Misr, an Egypt-based real estate developer, paid EGP 220 million for the land purchase to Export Development Bank of Egypt.

M2 Developments Announces EGP 1.5B Project in North Coast.

M2 Development, a leading real estate developer, plans to develop an EGP 1.5 billion project in the North Coast, announced its CEO, Mostafa Aboul Fotouh.

NUCA Begins EGP 37B Developments

New Urban Communities Authority (NUCA) began to implement its EGP 37 million investment plan for the current fiscal year.

SDA Develops Projects in Suez Worth EGP 220M

Sinai Development Authority (SDA) is developing projects in Suez governorate worth EGP 220 million, said Mohamed Al Saka, SDA President.

NUCA Announces Reduction in Fines on Delayed Payments

The New Urban Communities Authority is reducing fines for citizens who owe two months worth of fees for residential or administrative or commercial units.

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