NUCA Facilitates Regulations for Investors

The New Urban Communities Authority (NUCA) has approved a number of facilitations for investors, including reducing administrative fees for land plots.

Several Social Housing Units Completed in New Cities

Approximately 20,000 social housing units are being delivered in New Aswan City and 320 social housing units are to be completed in 2017, according to Mostafa Saeed head of the City’s Authority.

Land Plots Offered for Residence, New Damietta

In line with the Egyptian government’s plan to expand governorates across the country and create better living conditions to all citizens, 195 land plots in New Damietta are offered for residential development

UDC Sells Pearl Tower

Qatari property developer United Development Company (UDC) sold The Pearl Tower 2 to an unnamed strategic property investor, according to its press release

NUCA Approves Several Amendments Over Land & Housing Fees

The board of the New Urban Communities Authority (NUCA) has approved the reduction of administrative fees that are applied on the purchase of land plots for an entire year, in efforts to facilitate procedures for inv ...

Social Housing Projects Commence in Sales and Development

Around 270,000 low-income citizens have placed total installments of EGP 1.08bn on 400,000 social housing units located in the new cities, reported Daily News Egypt

Egypt’s New Capital Completes 30% of its Infrastructure

Approximately 30% of the first phase of Egypt’s Administrative Capital infrastructure has been completed, Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly informed President Abdel Fattah Al Sisi ...

MNHD Records Revenues of EGP 1.4 bn in November

Egyptian real estate company, Madinet Nasr Housing & Development (MNHD) has registered revenues of EGP 1.4 bn during the past 11 months, ending by November 30, reported Daily News Egypt

Deyaar Launching Year-End Promotions Campaign

Property developer, Deyaar, launched a year's end promotional campaign for some of its residential projects, according to a press release on Monday

Al Hajiry Trading to Develop Mazaya Residences, Oman

Al Mazaya Group Holding, an Omani developer, has awarded a - OMR 5.7mn- contract (AED 54.38mn) to Al Hajiry Trading for building and maintaining its upcoming project Mazaya Residences, reported Gulf News on Tuesday

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