Housing Ministry to Extend Deadline to Obtain Social Housing Terms and Conditions

• Wednesday, 5th October 2016
• by Fatma Khaled

The deadline for obtaining the terms and conditions booklets to apply for social housing units has been extended to October 13, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

2 Water Stations to be Expanded in South Giza

• Wednesday, 5th October 2016
• by Fatma Khaled

Two water projects will be expanded in areas of Al Saf and Al Ayat in South Giza, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

EDFM Studies Utilizing New Lands for Real Estate Investment

• Wednesday, 5th October 2016
• by Fatma Khaled

East Delta Flour Mills (EDFM) is discussing the potential of utilzing 15 plots of land for real estate projects.

Arab Contractors Undertake EGP 2.8 M Work in New Administrative Capital

• Wednesday, 5th October 2016
• by Fatma Khaled

The Arab Contractors Company is undertaking infrastructure and housing projects at a cost of EGP 2.8 million in the New Administrative Capital, according to Arab Contractors Chairman Mohsen Salah.

Mortgage Financiers Provide EGP 2.5 M for Citizens Earning Under EGP 2,500

• Tuesday, 4th October 2016
• by Fatma Khaled

Mortgage finance companies have provided only EGP 2.5 million to citizens with incomes lower than EGP 2,500 during the first eight months of 2016, according to the Egyptian Financial Supervisory Authority.

Housing Ministry Closes Reservation of Social Housing Lands Wednesday

• Tuesday, 4th October 2016
• by Fatma Khaled

The Ministry of Housing, Utilities, and Urban Communities will close reservations of 34,800 land plots dedicated for social housing projects on Wednesday.

NBE Studies Funding 1,000 Units for Low-income Citizens

• Tuesday, 4th October 2016
• by Fatma Khaled

The National Bank of Egypt is assessing the possibility of providing EGP 10 million to fund 1,000 residential units for low-income citizens as part of a real estate initiative introduced by the Central Bank of Egypt.

Alkan Group Launches $600 M Citadel Plaza Project

• Tuesday, 4th October 2016
• by Fatma Khaled

Alkan Holdings Group is set to finalize Citadel Plaza, a five-star hotel, within five years at a cost of $600 million.

Abraj Misr Projects Sales to Record EGP 1.6 B in 2016

• Tuesday, 4th October 2016
• by Fatma Khaled

Abraj Misr is expecting sales of EGP 1.6 billion by the end of 2016, compared to last year’s EGP 560 million.

China Finances New Administrative Capital

• Monday, 3rd October 2016
• by Fatma Khaled

A Chinese construction company, China Fortune Land Development, will invest $20 billion in Egypt’s New Administrative Capital.