Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has approved the extension of full payment of residential and non-residential arrears to March 15, with fines exemption.

IC Group has commenced the handover of its 4,800-square-meter commercial project in New Cairo, or "Life Mall," in a bid for official opening and operation in Q1 2021.

Egypt-based real estate developer Reedy Group has revealed plans to start handing over phase I of its contemporary gated community in New Cairo, or "Azzar," thereby delivering almost 70% of the project's total residential units.

New Alamein City Authority has held the first auction for 11 mixed-use properties, in a bid to offer the necessary services and facilities to roll out a fully-fledged all-year-round city.

While continuing to march forward in response to the unprecedented changes in the business climate amid the Coronavirus woes, Invest-Gate hosted its second virtual roundtable on June 15, titled the “New Real Estate Product," aiming to open up new doors for investments in a bid to prepare the industry for a strong comeback.

Prime Minister Mostafa Madbouly has announced that the country's nationwide curfew will be shortened by one hour to begin at 9 pm each day.

The New Urban Communities Authority (NUCA) is offering 89 properties of different sizes and activities in a public auction sale, notably across Shorouk City, New Minya, Sadat City, New Fayoum, and Obour City

Provis, the fully-owned property management arm of UAE-listed developer Aldar Properties, has won several deals to deliver its full suite of specialized real estate services for more than 30 developments in Abu Dhabi, following "a highly competitive bid process."

The New Urban Communities Authority (NUCA) will offer 1,042 fully-finished housing units in the R3 residential district of the New Administrative Capital (NAC) and Shorouk City's Sakan Misr middle-class housing project.

Egypt’s Royal for Real Estate Development has uncovered establishing a mixed-use project in the New Administrative Capital (NAC), dubbed "Capital Prime," with investments worth EGP 500 mn.