HDB’s Standalone Profit Rises in Q1

Egypt's Housing and Development Bank standalone net profit after tax accounts for EGP 349 mn in Q1 of 2017 compared to EGP 218 mn a year ago, Invest-Gate reports.

Special Land Plots Delivered in Sheikh Zayed

A number of special land plots were delivered in Sheikh Zayed on Sunday, after they were previously offered in lottery last July, according to Gamal Talaat, head of the Sheikh Zayed Authority.

Housing Ministry Offers Land to Build Hospital in Upper Egypt

The Ministry of Housing, Utilities, and Urban Communities plans to offer land tenders in one of the new cities located in Upper Egypt to build a branch of Abo El Reesh Children’s Hospital in efforts to meet demand of ...

Madinaty and Rehab Continue to Witness High Demand from Buyers

A total of 811 units were reserved in Rehab and 660 units in Madinaty in two days’ time.

2,278 Land Plots to be Distributed in Sadat City

The New Urban Communities Authority (NUCA) has offered a public lottery to distribute 2278 land plots as part of the social housing program in Sadat City, with units ranging from 209 to 276 square meters and prices s ...

High Turnout on Units in Madinaty and Rehab

The Housing and Development Bank has witnessed a large number of applicants in its Mohandiseen and Abas El Akkad branches looking to reserve units located in Rehab and Madinaty.

Housing Ministry to Extend Deadline to Obtain Social Housing Terms and Conditions

The deadline for obtaining the terms and conditions booklets to apply for social housing units has been extended to October 13, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

Housing Ministry Closes Reservation of Social Housing Lands Wednesday

The Ministry of Housing, Utilities, and Urban Communities will close reservations of 34,800 land plots dedicated for social housing projects on Wednesday.

5,706 Units to be Offered for Rent for Low-Income Citizens

Residential units will be offered for low income citizens starting October 9 in several governorates and cities, in addition to new units in the Dar Misr housing project, according to Minister of Housing, Utilities, ...

HBD Sells 4,000 Terms of Condition Booklets for Land Draw

The Housing and Development Bank sold 4,000 terms of conditions booklet to book 23,900 pieces of land in a draw for distinctive and premium land plots.

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