Saudi Real Estate Refinance Predicts Temporary Mortgage Slowdown
Saudi Real Estate Refinance Company (SRC) has expected a temporary slowdown in the mortgage market over the next few months due to the new coronavirus, Reuters reports.
Phase I of Badr City’s Sakan Misr Almost Complete: Minister
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that phase I of Badr City's Sakan Misr middle-income project, which comprises 1,272 apartments, reached a completion rate of 96%. ...
New Damietta Sees Over 10,000 Units Done: Minister
Minister of Housing, Utilities, and Urban Communities Assam El Gazzar has confirmed that New Damietta witnessed the finalization of a total of 10,476 social housing units in 2019.
Gov’t Extends 4 Public Lands in Hurghada to SHMFF
Prime Minister Mostafa Madbouly has mandated the free allocation of four public lands in the Red Sea resort of Hurghada to the Social Housing and Mortgage Finance Fund (SHMFF).
ICCH 2019 Exhibits Sustainable Cooperatives in Over 50 Nations
The third International Conference for Cooperative Housing (ICCH) is being held from December 1 to 4, under the theme "Sustainable Cooperatives," aiming to discuss the alignment of foreign and national cooperative ...
New Mansoura’s Housing Units Near Completion: Minister
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has revealed that about 11,232 units are 70% completed in JANNA luxury housing project in New Mansoura
Cabinet Nods WB’s USD 500 mn Fund for Social Housing
Egypt's cabinet has approved a supplementary fund of USD 500 mn (EGP 8.1 bn) from the World Bank (WB) for funding the country's social housing program, coming under a portfolio worth USD 8 bn (EGP 129.1 bn).
OUD Launches Phase II of New Cairo’s Azadir
Orientals for Urban Development (OUD) has launched phase II of its New Cairo flagship project Azadir, which will comprise units with areas ranging from 55 to 130 square meters, offering competitive pricing.
Gov’t Offers Social Housing Units Below EGP 200,000
The Social Housing and Mortgage Finance Fund has unveiled the 12th announcement of residential units, offering several ready-for-delivery units worth EGP 197,000 each across Egypt, as part of its Lower Egypt and C ...
SODIC East Sees 1st Release of Apartment Buildings
Egypt-based Sixth of October Development and Investment Company (SODIC) has released the first phase of apartment buildings in its newest mixed-use development in east Cairo, or "SODIC East"
