Slum Areas Enhanced in Several Governorates for EGP 1.5 Bn

• Monday, 2nd January 2017
• by Farah Montasser

Several slum areas have been enhanced across the country including Cairo, Qaliubya, Alexandria, Port Said, and Kafr El Sheikh at a total cost of EGP 1.5 bn, according to Minister of Housing, Utilities, and Urban Comm ...

Special Social Housing Units to be Implemented in Several Cities

• Monday, 2nd January 2017
• by Farah Montasser

The Ministry of Housing, Utilities, and Urban Communities is offering 35,000 social housing units for middle-income citizens in New Cairo, 6th of October City, Obour City, Badr City, New Minya, and New Damietta, repo ...

NUCA to Offer 5,000 Land Plots in Bait Al Watan

• Monday, 2nd January 2017
• by Farah Montasser

The New Urban Communities Authority (NUCA) will be offering 5,000 land plots in new cities as part of Bait Al Watan project offered on Egyptians abroad for an expected $ 1.8 bn, Al Borsa reports

Madbouly Follows up on Construction Updates Across the Country

• Monday, 2nd January 2017
• by Farah Montasser

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly is following on current projects constructed in the new cities and on updates in Sheikh Zayed, according to a released statement, Invest-Gate reports

Over 5700 Homes Delivered in 2016, Cairo

• Monday, 2nd January 2017
• by Farah Montasser

The governorate of Cairo has delivered 5,710 residential units across various projects to those in need of shelter, Cairo Governorate Spokesman Khaled Mostafa tells Invest-Gate

Coldwell Banker Reaps EGP 6 bn Profits in 2016

• Thursday, 29th December 2016
• by Farah Montasser

Coldwell Banker Egypt - New Homes for Investment and Real Estate Marketing has achieved profits worth of EGP 6 bn in 2016, making a EGP 2.2 bn increase compared to that of last year.

Ministry of Housing Records EGP 22.2 bn in Sales in 2016

• Thursday, 29th December 2016
• by Farah Montasser

The Ministry of Housing, Utilities, and Urban Communities has sold land plots and residential units worth of EGP 22.2 bn in 2016, according to a statement by the ministry.

More Land Plots Available at 10th of Ramadan City in January

• Thursday, 29th December 2016
• by Farah Montasser

The New Urban Communities Authority (NUCA) has scheduled a public lottery to allocate 17,700 land plots in 10th of Ramadan City for social housing projects in January, reported Al Borsa

New Investment Law Approved

• Thursday, 29th December 2016
• by Farah Montasser

Egyptian Cabinet has approved the new Investment Law, according to Investment Minister Dalia Khorshid, reported Egypt’s National TV EgyNEws

Developmental Projects Decelerated at the New Capital

• Thursday, 29th December 2016
• by Farah Montasser

Due to Egypt’s current economic condition following the floatation of the pound and price increase of materials and production cost, many contractors have decreased the development rate at the Administrative Capital, ...