News / Egypt

Madbouly: Housing Ministry Allocates EGP 37 B Budget to NUCA

The Ministry of Housing, Utilities, and Urban Communities has allocated a budget of EGP 37 billion to the New Urban Communities Authority (NUCA) this year in a plan to attract new investments and implement projects.

HCCD Subsidiaries Sign EGP 3 B Worth of Contracts

Subsidiaries of the Holding Company for Construction and Developments (HCCD) have signed contracts worth EGP 3 billion for projects to be completed in a year and a half, according to Mohamed Hegazy, CEO of HCCD.

5000 Social Housing Units to be Launched in Sadat City

A total of 4,980 residential units have been finalized in the first phase of a social housing project in Sadat City, along with facilities, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

Land Offering for Residential Development in Fayoum – Posponed

The Fayoum Housing Directorate has postponed the offering of 158,000 square meters earmarked for residential and service projects to next year, when all facilities on site have been constructed.

Asala Sells 80% of New Cairo Residential Compound

Asala Holding for Investment and Residential Development has sold 80% of its residential compound in New Cairo, according to Hamdy Raslan, a Sales Executive at Asala Holding.

NUCA Installs Monitor Control Devices in New Cities

The New Urban Communities Authority (NUCA) will supply and install 315 electronic remote street lighting, monitoring, and control devices within new cities.

50 Acres Allocated for Social Housing in New Fayoum

The New Fayoum Administration has announced the availability of 50 acres dedicated to social housings in a statement sent to New Urban Communities Authority (NUCA).

NUCA Partners with GAFI to Offer 345 Lands

The New Urban Communities Authorities (NUCA) has agreed with the General Authority for Investments and Free Zones (GAFI) to offer 345 land plots over two different phases.

New Residential Phases to be Launched in Hyde Park

Hyde Park for Development announced that it will be building new residential phases in its project "park Corner" which is located in New Cairo.

Several Infrastructure Projects to be Launched in Alexandria

Several projects will be undertaken in Alexandria, including construction of water treatment plants, sewage projects, residential projects, and other developments in surrounding areas, announced Mostafa Madbouly, the Minister of Housing, Utilities, and Urban Communities.

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