Egypt’s New Cities Authorities Take Precautionary Measures

The Minister of Housing, Utilities, and Urban Communities Assem El Gazzar confirms that all authorities are currently taking the necessary measures to safeguard their employees from COVID-19, Invest-Gate reports.

Gov’t Invests EGP 69 bn in El Andalus: Minister

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar, announced that the 10th of Ramadan's El Andalus neighborhood has so far seen USD 4.4 bn (EGP 68.72 bn) worth of investments in social housing ...

MIPIM Postponed to June Due to Coronavirus

MIPIM 2020 property fair, set to take place in Cannes on March 10-13, is pushed to June 2-5 due to the growing concern related to Coronavirus (Covid-19)

MIPIM 2020 Names Invest-Gate Media Partner for 2nd Year

Invest-Gate has been named for the second successive year the media partner for the 31st edition of France’s leading real estate exhibition MIPIM, which will be held from March 10 to 13 at Palais Des Festivals, Ca ...

New Alamein Coastal Towers 82% Done: Minister

Egypt's housing ministry has finalized 82% of the 15 coastal towers, or 4,500 residences, being undertaken in New Alamein, finishing 34 out of 41 floors at some of them.

Company Registration 1st Step for Direct Land Allocation: Minister

Investors eager to get mixed-use land plots through the New Urban Communities Authority's (NUCA) new direct allocation system should initially set up a company (joint-stock, solidarity, or individual) that engages ...

New Aswan Sees Delivery of 1,506 Housing Units

The Ministry of Housing handed over on September 28 the first batch of social housing units in New Aswan to beneficiaries, presenting 1,506 out of the total 3,951 properties allocated to low-income citizens.

Egypt to Have 4 New Lulu Hypermarkets Soon

Egypt has inked a USD 500 mn deal with UAE’s LuLu Group International to establish four new hypermarkets nationwide over 12 months, coming as part of the state's plans to expand the Egyptian retail sector and prov ...

New Mansoura’s JANNA, Sakan Misr See 15,936 Units Underway

New Mansoura sees about 11,232 residential units, within 468 buildings, 50% completed in JANNA luxury housing project, while 4,704 apartments are 80% finished in the city's Sakan Misr medium-income project

Gov’t Finalizes 1,080 Distinguished Units in New Alamein

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced that 1,080 distinguished housing units, spreading out over 80 buildings, have been finalized in New Alamein, out of the total 1,9 ...

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