News / Egypt

2,876 Social Housing Units Completed in Sohag

Around 2,876 social housing units have been completed in Sohag as part of the social housing program’s first phase, with 1,568 of those units equipped with utilities, according to Sohag Governor Ayman Abdel Moneim Governor.

Madbouly Vows to Resolve Contractors’ Issues

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with Hassan Abdelaziz, head of the Egyptian Federation for Construction and Building Contractors to resolve contractors’ issues, especially with regard to the increase of building material prices and the decrease of the Egyptian pound against the dollar.

Housing Ministry to Extend Sewage to 818 Villages by FY 2016/2017

The Housing Ministry seeks to extend sewage networks to 818 villages by the end of next fiscal year at a cost of EGP 13.5 bn.

Secon to Offer Tenders on New Residential Project in 4 Months

The Saudi Egyptian Construction Co. (Secon) will offer tenders for the second and third phase of its Riyadh residential project in New Cairo within the next four months.

NUCA Appoints 4 Contractors for Projects in New Cairo

New Urban Communities Authority (NUCA) has assigned four contractors to implement projects for the Bait Al Watan project at a cost of EGP 160 mn and which will include electricity, sewage, and other facilities in New Cairo.

NUCA Partnership Projects with Palm Hills, Arabia Group Set to Kick Off

The New Urban Communities Authority (NUCA) will partner with Palm Hills Developments and Arabia Group to develop two real estate projects next month.

Housing Minister, MPs Discuss Oversight Mechanisms for New Cities

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with parliament members to discuss possible oversight mechanisms for the public on new cities.

Cabinet Approves New Conditions for Social Housing Reservations

The Cabinet has approved amendments to the prerequisite conditions to reserve social housing units in an effort to facilitate the process for applicants.

Azmeel Group to Establish ‘Mini-Compound’ in New Cairo

Azmeel Group for Real Estate has begun work on its New Cairo residential ‘mini-compound’ Al Kasr at a cost of EGP 60 mn.

Shorouk City to Deliver Dar Misr Units in November

Shorouk City will be delivering the first phase of the Dar Misr project for middle-income housing, which includes 2,808 apartments in 120 building, next November according to Atef Zakaria Head of the City’s Development Authority.

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