Egypt to Expand in Urban Development to Meet 2052 Vision

Egypt is expected to increase urban development on 10,000 km of lands each three years in efforts to demolish slums and accommodate the rising Egyptian population that is expected to reach 160 million citizens by 205 ...

Tourism Sector to Flourish more than Residential, Office Sectors in 2017

The recent EGP float has resulted in a 23% inflation, which is expected to increase to 25%, affecting the prices of residential units which have increased by 30%, according to JLL’s Head of MENA Research Craig Plumb ...

Construction Works in New Administrative Capital City in Progress

The development of the first phase of the 10,500 acre New Administrative Capital City is commencing as onsite infrastructure is complete, allowing the New Urban Communities Authority (NUCA) to build several resident ...

Housing Ministry to Launch Offerings & Project Tenders for Developers Soon

The Ministry of Housing, Utilities and Urban communities will offer several land and partnership tenders in the upcoming period across the country with a return on investment worth of EGP 1,400 bn, Assistant Housing ...

Cityscape: Egypt to Boost Investment Climate in 2017

As Cityscape gears up to launch in March 2017, the annual regional real estate conference emphasizes Egypt’s role in reforming its economy through its real estate market, Daily News Egypt

Dutch Developer to Launch Customized Floating Homes in Dubai

New Living on Water (NLW), a Dutch developer, will launch new “organic- shaped” floating houses in Dubai during the upcoming Cityscape exhibition.

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