Housing and Sports Ministers Discuss Implementation of Sports Complex in Administrative Capital

• Thursday, 9th June 2016
• by Invest Gate

Minister of Housing, Utilities and Urban Communities, Moustafa Madbouly and Minister of Youth and Sports, Khaled Abdel Aziz, held a meeting to discuss the implementation of the recreational sports complex in the new administrative capital.

Government Recovers 130 Acres in 10th of Ramadan

• Tuesday, 7th June 2016
• by Invest Gate

130 acres behind Al Ghaba Al Sadsa area in 10th of Ramadan have been reclaimed after the removal of all infringements and transgressions, Adel Saeed Al Naggar, Head of the 10th of Ramadan City Development Authority told Invest Gate.

Housing Ministry to Remove 30,000 Sqm of Encroachments in New Thebes

• Tuesday, 7th June 2016
• by Invest Gate

Ministry of Housing, Utilities and Urban Communities, Moustafa Madbouly issued an administrative decision to remove all infringements over an area of 30,000 square meters owned by the New Urban Communities Authority (NUCA), in region one in New Thebes City.

Sodic Delivers Phase 2 of Eastown Units in July

• Monday, 6th June 2016
• by Invest Gate

Six of October Development and Investment (Sodic) announced that it will deliver phase II units of Eastown projects in New Cairo in July 2016.

El Safwa Targets Selling EGP 200M of Residential Projects in New Cairo

• Monday, 6th June 2016
• by Invest Gate

El Safwa Real Estate Investment Company is currently targeting the selling of 25 villas in Al Andalus area, in New Cairo, for EGP 200 million.

Darna Targets EGP 400 M worth of Sales in Long Island in Matrouh

• Monday, 6th June 2016
• by Invest Gate

Darna for Real Estate Investment and Contracting is currently executing its first ever touristic project in Marsa Matrouh City, Long Island Village.

Housing Ministry to Develop 500 Units in Al Ruweisat Slum Area

• Monday, 6th June 2016
• by Invest Gate

The Minister of Housing, Utility, and Urban Communities, Moustafa Madbouly, agreed to the development of Al Ruweisat slum area, in South Sinai, through the execution of 500 residential units, for the area’s residents.

NUCA to Collaborate with Mountain View to Develop iCity Project

• Monday, 6th June 2016
• by Invest Gate

The New Urban Communities Authority (NUCA) Board will issue within days a ministerial order to develop the iCity project with investments worth EGP 31.97 billion ($ 3.6 billion), in collaboration with the Saudi-Egyptian Alliance Mountain View-Sisban.

Wadi Degla Launches EGP 350 M Promenade Maadi

• Monday, 6th June 2016
• by Invest Gate

Wadi Degla Developments, part of Wadi Degla Holding Company, has launched Promenade Maadi Compound, a residential project in Zahraa Maadi, worth EGP 350 million in investments.

Arab Contractors and El Eman to Build 600 Residential Units in Red Sea

• Monday, 6th June 2016
• by Invest Gate

The Arab Contractors and El Eman Construction Companies have won a bid to execute 600 residential units, in the Red Sea governorate, with a cost of EGP 99 million.