PHD, NUCA Join Forces on a 500 Acre Project

• Wednesday, 10th August 2016
• by Heba Eid

Palm Hills Development is scheduled to start construction on a joint project with the New Urban Communities Authority in early 2017, said its CEO Tariq Abdelrahman.

Egypt’s First Real Estate Development Chamber Elects Board

• Wednesday, 10th August 2016
• by Heba Eid

The real estate development chamber announced the results of its first board members elections.

Housing Ministry Establishes Authority for New Obour City

• Tuesday, 9th August 2016
• by Heba Eid

Mostafa Madbouly, the Minister of Housing, Utilities and Urban Development, issued a ministerial decree to establish the New Obour City Development Authority.

Ministry of Housing Reneges on 1M Social Housing Units’ 2018 Delivery Date

• Tuesday, 9th August 2016
• by Heba Eid

An official source at the Ministry of Housing, Utilities, and Urban Communities ruled out the ministry's ability to build one million units by 2018.

EGP150 M Utility, Infrastructure Work in Beni Suef Awarded to 2 Companies

• Tuesday, 9th August 2016
• by Heba Eid

A total of EGP 150 million, earmarked for utility and infrastructure work in Beni Suef, has been awarded to the Arab Contractors Company and Universal Co. For Marine Works & Great Projects.

Government to Offer Land, Housing to Egyptian Expatriates

• Tuesday, 9th August 2016
• by Heba Eid

Minister of Housing Mostafa Madbouly discussed with Minister of Immigration and Egyptian Expatriate Affairs Nabila Abdel Shahid mechanisms to provide land for Egyptian expatriates.

World Bank Provide EGP 7.2 B in Loans to Housing Programs

• Monday, 8th August 2016
• by Heba Eid

The World Bank has provided EGP 7.2 billion ($ 800 million) to the Ministry of Housing programs, said Minister of International Cooperation Sahar Nasr.

Rolin to Develop 35 Buildings for Asmarat Project

• Monday, 8th August 2016
• by Heba Eid

The General Construction Company- Rolin will implement 35 residential building in the third district of Al Asmarat Housing Project.

Emtelak Unveils EGP 1.6 B Project in Ain Sokhna

• Monday, 8th August 2016
• by Heba Eid

Emtelak Real Estate and Development is launching an EGP 1.6 billion tourist hotel project in Ain Sokhna, announced its managing director Ziad El Emam.

Developers Compete for Zayed Crystal Spark Project Using PPP

• Monday, 8th August 2016
• by Heba Eid

Several leading real estate developers have submitted proposals to the New Urban Communities Authority for the Zayed Crystal Spark Project to be established using the public-private partnership system.