News / Egypt

Land Offering for Residential Development in Fayoum – Posponed

The Fayoum Housing Directorate has postponed the offering of 158,000 square meters earmarked for residential and service projects to next year, when all facilities on site have been constructed.

Asala Sells 80% of New Cairo Residential Compound

Asala Holding for Investment and Residential Development has sold 80% of its residential compound in New Cairo, according to Hamdy Raslan, a Sales Executive at Asala Holding.

NUCA Installs Monitor Control Devices in New Cities

The New Urban Communities Authority (NUCA) will supply and install 315 electronic remote street lighting, monitoring, and control devices within new cities.

50 Acres Allocated for Social Housing in New Fayoum

The New Fayoum Administration has announced the availability of 50 acres dedicated to social housings in a statement sent to New Urban Communities Authority (NUCA).

NUCA Partners with GAFI to Offer 345 Lands

The New Urban Communities Authorities (NUCA) has agreed with the General Authority for Investments and Free Zones (GAFI) to offer 345 land plots over two different phases.

New Residential Phases to be Launched in Hyde Park

Hyde Park for Development announced that it will be building new residential phases in its project "park Corner" which is located in New Cairo.

Several Infrastructure Projects to be Launched in Alexandria

Several projects will be undertaken in Alexandria, including construction of water treatment plants, sewage projects, residential projects, and other developments in surrounding areas, announced Mostafa Madbouly, the Minister of Housing, Utilities, and Urban Communities.

Construction of 216 Units Completed in New Qena

216 units are ready for delivery out of 4892 units in a housing project that is located in New Qena according to Mostafa Madbouly the Minister of Housing, Utilities and Urban Communities

5 Contractors Appointed for Asmarat Project

Five contractors will start construction on the third district of the housing project in Al Asmarat that will replace informal settlements, according to Ahmed Taymour, Deputy Governor of Cairo.

Arabia Group CEO Appointed as First Head of Real Estate Development Chamber

Chairman of Arabia Group Tarek Shoukry was elected to preside over Egypt’s recently-formed Real Estate Development Chamber, part of the Federation of Egyptian Industries (FEI).

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