Reiada Joins Beit Al Watan with Utopia, New Cairo

• Sunday, 8th January 2017
• by Farah Montasser

At a investment cost of EGP 45 mn, Reiada for Real Estate is to develop Utopia, a mini compound as part of Bait Al Watan project , in New Cairo, Al Mal reported

Over 2,000 Housing Units to be Constructed in New Akhmeem

• Sunday, 8th January 2017
• by Invest Gate

New Akhmeem City will be witnessing the implementation of 2,600 housing unit in as part of the first phase of Dar Misr project for middle income housing in the city, at a cost of EGP 300 mn, according to Hossam Fathy, Head of the City’s Authority.

Housing Ministry Finalizes 8 Water Projects in Minya and Giza

• Sunday, 8th January 2017
• by Invest Gate

Eight rural sanitation projects has been completed in Giza and Minya at a total cost of EGP 782 mn.

Nasr Contracting to Construct 2 Residential Projects in Alexandria and Giza

• Thursday, 5th January 2017
• by Invest Gate

Nasr General Contracting Company (NGCC) will be launching two residential projects in Alexandria and Giza in 2017 in efforts to expand their investments in the real estate sector.

Nasr Contracting Wins Tender for 180 Acres in New Nubaria

• Wednesday, 4th January 2017
• by Invest Gate

The New Urban Communities Authority (NUCA) assigned tender for a facilities project that is set to be built on 180 acres in New Nubaria City to Nasr General Contracting Company (NGGC) at a cost of EGP 45 mn.

NUCA Prices 36 Acres of Lands in Beni Suef for German-Egyptian Consortium

• Wednesday, 4th January 2017
• by Invest Gate

The New Urban Communities Authority (NUCA) is close to finalizing the pricing for 36 acres of land in New Beni Suef City that were sold to Al Arabia for Investment Industry and Abu Shedid for Trade- Frankfurt Germany in foreign currency.

MNHD Contracts Increased to EGP 3.8 bn in 2016

• Wednesday, 4th January 2017
• by Invest Gate

The value of Madinet Nasr for Housing & Development’s (MNHD) contracts has increased to record EGP 3.8 bn, compared to the 2015 contracts which recorded EGP 876 mn.

2,224 Land Plots to be Allocated in 10th of Ramadan City

• Wednesday, 4th January 2017
• by Invest Gate

A public lottery will be held on January 26 to allocate 2,224 land plots for special housing in 10th of Ramadan City.

Amid Devaluation, Real Estate Companies Re-Evaluate Sales Strategies

• Wednesday, 4th January 2017
• by Invest Gate

A number of real estate companies are reconsidering the pricing for their projects that will be executed this year due to the recent devaluation of the local currency.

Government Should Involve Private Sector in Housing Projects: Samih Sawiris

• Tuesday, 3rd January 2017
• by Farah Montasser

Business tycoon and Head of Orascom Development Sameh Sawiris urged the government to provide private companies with lands to help with the affordable housing project for low-income citizens.