Gov’t Plans to Establish 400,000 Units in NAC by Mid-2020

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced plans to finalize the construction and operational works of more than 40,000 residential units in the New Administrative Capital ...

Over 500 Distinguished Units Reserved in New Alamein: Official

Deputy Chairman of New Urban Communities Authority (NUCA) for Real Estate and Commercial Affairs Tarek El Sebai has revealed that 536 distinguished units have been reserved in New Alamein's social housing project

El Gazzar Reviews Real Estate Development Bill

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has met with members of the housing committee as well as real estate developers to discuss the draft law regulating real estate development act ...

Gov’t to Provide Export Incentives for Construction Sector: Official

Khaled Abbas, deputy minister of housing for national projects, said that the housing ministry is currently seeking to provide export incentives to support the construction sector.

Egypt Targets Increasing Urban Areas to 12%: Official

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas said that Egypt’s strategic plan targets increasing its urban areas to 12%, adding that the government is planning to ...

No Disputes With China’s CSCEC Over NAC’s Towers Project: Housing Ministry

The Egyptian Housing Ministry has disclaimed news published on Al Shorouk newspaper concerning some disputes with the ministry and China State Construction Engineering (CSCE) over the New Administrative Capital's ...

Exclusive: Africa’s Highest Skyscraper in NAC to be Managed by Raffles

Deputy Minister of Housing for National Projects Khaled Abbas has exclusively revealed to Invest-Gate that the ministry will soon announce its partnership with leading global hospitality company Raffles, which wil ...

NAC’s 1st Phase is 70% Sold Out: Spokesman

Official Spokesman for the New Administrative Capital (NAC) Khaled Elhusseiny said on December 11 that 70% of the land area in the new capital's first phase - a total of 17,000 acres - has been sold out

Gov’t to Deliver 360 Dar Misr Units in El Shorouk City

360 middle-income residential units are ready for delivery in the first two phases of Dar Misr project at El Shorouk City

Housing Ministry Inks MoU With Global Firm for New Projects in New Alamein

The Egyptian housing ministry has signed a memorandum of understanding (MoU) with global hospitality group Nikki Beach Hotels to operate and manage a hotel resort as well as a residential project in New Alamein, i ...

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