Madinet Nasr Housing Records Bonus Shares on June 28

Egypt’s Madinet Nasr Housing and Development says that the record date for its bonus shares is June 28, Invest-Gate reports.

Gov’t to Deliver Land Plots in Badr City Early July  

The Minister of Housing and Urban Development will start delivering 1,999 land plots in Badr City during the period from July 9 to October 31, Invest-Gate reports.  

Heliopolis Housing Posts Sales of EGP 71.07 mn in May

Egyptian construction company Heliopolis Company for Housing and Development posts sales worth EGP 71.07 mn in May, Invest-Gate reports.  

Egypt’s Amlak Eyes Sales of USD 2.7 mn From Two Housing Projects This Year

Egypt’s Amlak Real Estate Investment and Marketing targets achieving sales of EGP 50 mn (USD 2.7 mn) from the first phase of Tala and Eshraka projects within 2017, local media reports.

Germany Plans to Inject Investments Worth EUR 360 mn in Egypt’s Projects

Germany is planning to inject investments worth EUR 360 mn in several projects in Egypt covering the fields of housing, renewable energy, as well as small- and medium-sized enterprises, Invest-Gate reports.

NBE Offers EGP 200 mn Funding to Social Housing Project

The National Bank of Egypt (NBE) will donate EGP 200 mn to finance the construction of “Ahalina” social housing project, Invest-Gate reports.

Egypt Launches 16,900 Social Housing Units Worth EGP 2.3 bn

The government launches 16,900 social housing units worth EGP 2.3 bn in nine new cities, Invest-Gate reports.

Egypt Outlines Housing Strategies At Arab Conference on Sustainability

Egypt has outlined its housing and development during the second round of the Arab Federation for Sustainable Development and the Environment Conference, Invest-Gate reports.

Ghasan Holding Group to Invest in Egypt’s Housing, Tourism Projects

Saudi Investor and owner of Ghasan Holding Group,  Ghasan bn Abdallah bn Ali El-Nemr, is aiming to pump more investments in housing and tourist projects in Egypt, Invest-Gate reports.

Gov’t Invests EGP 105 bn in Housing Projects

The government has invested EGP 105 bn in housing, infrastructure projects, and the New Administrative Capital since Minister Madbouli took office on June 30 2016, Invest-Gate reports.

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