Housing Ministry to Invest EGP 2.6 bn in Sohag Projects

The Ministry of Housing, Utilities, and Urban Communities will launch social housing projects in Sohag at a cost of EGP 2.6 bn, as well as sewage and water plants projects for low-income residents.

Real Estate Sector Struggles Under Current Mortgage Law

As the Egyptian government attempts to tackle the country’s affordable housing shortage, a number of officials and developers have put forth solutions to existing problems, reported Daily News Egypt.

Landlords Discuss Amending Old Rental Law with Parliament

Several citizens who own residential units that operate under the old rental law have launched a lobbying group to discuss their issues with the old rental law with parliament.

Government Studies Possibility of Compensating Developers

Ten different ministries in the Cabinet are studying the possibility of compensating real estate developers for losses incurred due to recent economic decisions, in cooperation with the committee for compensations at ...

New Negotiations Commence over Administrative Capital Land Pricing

The Ministry of Housing, Utilities, and Urban Communities has begun negotiating with real estate companies over land pricing in the New Administrative Capital, in efforts to sell the first phase of the city after re- ...

Social Housing Fund Allocates Homes to Interior Ministry

The Social Housing Fund approved the allocation of 864 social housing units in New Sohag to Ministry of Interior employees.

Contractors Federation Suggest Resolutions to Economic Challenges in Construction

The Egyptian Federation for Construction and Building Contractors offered a number of suggestions to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly in efforts to tackle challenges faced in the ...

NUCA Extends Deadlines for Cooperative, Syndicate Housing Projects

The Ministry of Housing, Utilities, and Urban Communities agreed to extend the deadline for year for cooperative housing associations and professional syndicates who received lands from New Urban Communities Authorit ...

Housing Ministry Offers Land to Build Hospital in Upper Egypt

The Ministry of Housing, Utilities, and Urban Communities plans to offer land tenders in one of the new cities located in Upper Egypt to build a branch of Abo El Reesh Children’s Hospital in efforts to meet demand of ...

Dar Misr Unit Prices Increase Following Pound Flotation

The Ministry of Housing, Utilities, and Urban Communities has increased the price per square meter in the cities included in the third phase of the Dar Misr project as a result of the flotation of the Egyptian Pound ...

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