News / Egypt

Marriott to Debut Eco-Conscious Element Hotel in Egypt

Marriott International announced on Tuesday plans to debut its Element Hotels eco-incubator brand in Egypt in early 2019 as part of Abraj Misr's The Gate Project.

Developers to Discuss Challenges in Facilities Management

A facilities management conference is set to take place at the American University of Cairo on 24 October under the theme “Reviving Building Management in Egypt."

Land Prices increase by 30% in 10th of Ramadan City

Commercial land plots in 10th of Ramadan City have witnessed an increase in prices in the past four months by up to 30%, with prices reaching up to EGP 67,000.

New Phase of the National Road Project to be Launched

A new phase of the National Roads Project, including a 55 kilometer road connecting Al Minya to Sheikh Fadl at a cost of EGP 435 million, is set to launch, according to the Ministry of Transport.

2,278 Land Plots to be Distributed in Sadat City

The New Urban Communities Authority (NUCA) has offered a public lottery to distribute 2278 land plots as part of the social housing program in Sadat City, with units ranging from 209 to 276 square meters and prices starting at EGP 680 per square meter.

5706 Units for Rent Reserved in 10 Governorates

Around 5,706 units that are part of the government’s social housing program have been reserved for rent to residents whose monthly income is less than EGP 1,500.

NUCA to Open Applications on Land Plots in 6th of October City

The New Urban Communities Authority (NUCA) has opened applications of reserving reclaimed land plots in what is referred to as “The Green Belt” in 6th of October City, according to Tarek El Sebaey, Supervisor of the Commercial and Residential Real Estate Affairs at NUCA.

8592 Social Housing Units Completed in New Assiut City

A number of housing, water, sewage, agriculture, electricity and communications projects have been completed in New Assiut City at a total cost of EGP 3.2 billion, according to Mostafa Madbouly, Minister of Housing, Utilities, and Urban Communities.

High Turnout on Units in Madinaty and Rehab

The Housing and Development Bank has witnessed a large number of applicants in its Mohandiseen and Abas El Akkad branches looking to reserve units located in Rehab and Madinaty.

EGP 2.3 bn in Housing, Infrastructure Projects Underway in Kafr El Sheikh  

Over EGP 2.3 bn in infrastructure and housing projects are set to be built in Kafr El Sheikh, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

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