News / Egypt

Ongoing Discussions on Unified Construction Law in Parliament

Discussions are currently underway in the parliament's Housing Committee on the unified construction law with five entities.

Arab Contractors Commence Renovation Work on Beir Massoud Rocky Beach

Arab Contractors Company, an Egypt-based construction company, commenced development work on Beir Massoud rocky beach in Miami District in eastern Alexandria.

First Phase of M2 Gardens Project’s Development to Begin in Q3 2016

M2 Developments is set to start developing the first phase of M2 Gardens in the third quarter of 2016, announced its CEO, Mostafa Aboul Fotouh.

Social Housing Fund Allocates EGP 377M for Utility Infrastructure Work

The Social Housing Fund is allocating EGP 377 million to complete the utility infrastructure work for 15,700 social housing units in various governorates in Egypt.

Slum Development Fund to Take on EGP 190.5 M Project in Tal Al Aqareb

As part of the government’s bid to revamp informal settlements in Cairo, the Slum Development Fund is currently working on the development project of Tal Al Aqareb area in Al Sayeda Zeinab.

Elite Real Estate Exhibition To Be Held on July 19-23

The Elite Real Estate Exhibition (EREEX) is set to take place at the Cairo International Convention Center from July 19-23.

MATD to Establish EGP 70 M Project in Sidi Abdel Rahman

Marsa Marsa Alam for Tourism Development is planning an EGP 70 million project in Sidi Abdel Rahman, in the North Coast.

Madbouly Enforces State Control Over New Obour City Lands

Minister of Housing Moustafa Madbouly assigned Obour City Authority officials to enforce control over New Obour City lands.

Beta Egypt: 80% of Beta Greens Project Completed

Beta Egypt for Urban Development, a real estate developer, completed 80% of its three-phase Beta Greens Project, said Alaa Fekry, Beta Egypt Chairperson

Mortgage Finance Fund Launches 3 New Centers to Serve Social Housing Applicants

Three new centers were launched for applicants to social housing initiatives to mitigate overcrowding at the 15th of May City center.

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