Government, Developers Begin Pricing Negotiations over Administrative Capital Land

• Monday, 6th June 2016
• by Invest Gate

Administrative Capital City for Urban Development, the company managing the new administrative capital, has started negotiations with real estate developers over pricing dynamics of lands in the new capital.

NUCA to Establish a Company for Land Investment

• Thursday, 26th May 2016
• by Invest Gate

The Board of the New Urban Communities Authority (NUCA) has agreed in a meeting chaired by Moustafa Madbouly, the Minister of Housing, Utilities, and Urban Communities, on establishing a company dedicated to handling ...

Real Estate Companies Partner to Counter Escalating Land, Construction Prices

• Tuesday, 19th April 2016
• by Nadine Abou el Atta

Real estate companies are forming partnerships to increase their land portfolios despite the high land prices, said Maged Helmy, CEO of Wadi Degla Developments, reported Daily News Egypt.

Ministry of Housing Launches its Biggest Land Draw to Date

• Sunday, 17th April 2016
• by Nadine Abou el Atta

The Minister of Housing, Utilities and Urban Communities launched the country’s biggest land tender on April 17. The draw includes 21,398 piece of land in 21 new cities, the ministry announced in a press release.

Presidential Decree Allows Industrial Lands to be Allocated to Investors For Free

• Wednesday, 13th April 2016
• by Nadine Abou el Atta

A presidential decree issued by President Abdel Fattah Al Sisi dictates that pieces of lands in some industrial zones can be allocated to investors at no cost. The decree was published in the state's official gazette.