Now is Right Time for Real Estate Investment in Egypt: Savills

International property advisor Savills has emphasized that now is the right time for real estate investment in Egypt, pointing out that the Egyptian economy is booming and progressing and investments in the countr ...

Deputy Minister Talks to Foreign Media on MIPIM Sidelines

Khaled Abbas, deputy minister of housing for national projects, said real estate investment in Egypt is one of the promising sectors, while referring to the new cities being implemented by the state, including the ...

Gov’t, Developers Prep to Hit MIPIM 2019

Under the brand vision of "Building a Sustainable Future Together," Egypt's Ministry of Housing, Utilities, and Urban Communities is set to participate as an exhibition curator in France’s leading real estate even ...

Gov’t to Deliver 1,160 Social Housing Lands in New Qena

Head of New Qena Development Authority Radwan Abdel Rashid has announced that the authority will start handing over 1,160 social housing land plots on February 3.

Construction Works Start at NAC’s Central Park

Minister of Housing, Utilities and Urban Communities, Moustafa Madbouly witnessed the launch of construction works at the Central Park (green river) in the New Administrative Capital (NAC).

Egypt to Participate in France’s MIPIM 2019 Exhibition

Deputy Minister of Housing for National Projects Khaled Abbas has signed an agreement for Egypt's participation in France's leading real estate exhibition MIPIM 2019 for the first time, which will take place in Ca ...

Madbouly Probes Latest Developments in Cairo’s Informal Housing

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly held a meeting on January 1 to follow up on the latest developments in Cairo's informal settlements, while reviewing the mi ...

Sorouh Gets Ministerial Approval for NAC’s Entrada Compound

Egypt-based property developer Sorouh Developments has obtained a ministerial approval for implementing Entrada residential project, which spans over 72 acres, in the New Administrative Capital (NAC).

Sheikh Zayed Central Garden Will Soon Open to the Public: Madbouly

Prime Minister and Minister of Housing, Utilities, and Urban Development Mostafa Madbouly announced on October 25 that ministry has finalized the central garden in Sheikh Zayed city and is currently being prepared ...

Investments in New Assiut Reach Over EGP 4 bn

New Assiut City has witnessed investments worth EGP 4.1 bn so far, while a total of EGP 247 mn has been allocated for the city in FY2018/19 budget

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