Cairo to Impose Penalties on Non-law Abiding Commercial Units

Governor of Cairo Atef Abdel Hamid has prohibited owners of commercial units in neighborhoods from conducting any street violation and misuse of facilities else they face a EGP 10,000 penalty or a prison sentence

Street Vendors to Receive Land Plots across Cairo

Governor of Cairo Atef Abdel Hamid has ordered Neighborhood's Heads across the city to offer a particular land plot dedicated to street vendors within each neighborhood in return for EGP 5 per day with the aim of pro ...

Works on Third Metro Line to be Finalized Soon

The Minister of Transportation is following up this week on updates to the fourth phase of the Haroun–Nozha metro line, Invest-Gate reports.

NUCA Prices New Cairo Land Plot for EGP 5,500 Per Meter

The New Urban Communities Authorities (NUCA) has priced a-155-acre-land plot in New Cairo for EGP 5,500 per meter square, according to unnamed sources in NUCA, Al Borsa reported

Sheikh Zayed City Demands EGP 100 mn for Projects Development

Sheikh Zayed City Authority has requested of Planning, Monitoring and Administrative Reform an additional budget worth of EGP 100 mn as part of the city’s current budget that is allocated for Dar Misr project , an el ...

7,000 Units Under Construction to Replace Slums in Cairo

The Slum Development Fund will launch 7,000 residential units in the Manshiyet Nasr district in Cairo, over an area of 140 acres, in efforts to replace unsafe slums

Abraj Misr’s Total Investments Record EGP 7 B

Abraj Misr has announced that total investments in Egypt are currently worth EGP 7 billion ($788.2 million), with plans to take over the development of government-owned projects.

CAPMAS: 1.2 M Residential Units Completed in 5 Years

The Central Agency for Public Mobilization and statistics (CAPMAS) issued a report on Egyptian real estate revealing that 1.2 million residential units have been completed in total in five years in both public and pr ...

Ministry of Housing Completes Construction of Facilities for 8,734 Units

The Ministry of Housing, Utilities, and Urban Communities has announced the completion of construction of units and facilities in 12 governorates across the country.

Cairo Governorate to Launch Land Tenders for 250 Acres

The Cairo governorate is preparing to offer tenders for infrastructure and utility work on 250 acres for construction companies next month.

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