Housing Ministry Finalizes Sorting of Applicants for Social Housing Units

• Tuesday, 2nd April 2019
• by Invest Gate

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has revealed that the initial sorting of applications from citizens for the tenth announcement of units provided through the state's social hou ...

Gov’t Officials Agree to Raise Mortgages by EGP 40 bn

• Thursday, 28th March 2019
• by Sara Mohamed

Mortgage Finance Fund's (MFF) board of directors have signed a cooperation protocol with the finance ministry to raise the value of mortgages provided to low-income citizens by an additional EGP 40 bn, bringing th ...

Gov’t Targets Doubling Egypt’s Habitable Areas: Minister

• Thursday, 7th March 2019
• by Invest Gate

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said the state aims to increase Egypt's inhabited land to 12-14%, as only 6-7% of the country's total land area is currently habitable, in orde ...

Egyptian Officials Present Social Housing Achievements to Saudi Delegation

• Tuesday, 8th May 2018
• by Invest Gate

Egyptian officials hosted a delegation from Saudi Arabia on May 6 to review the latest residential and developmental projects constructed by the Ministry of of Housing, Utilities, and Urban Development

MFF, Contact Ink EGP 250 mn Cooperation Protocol

• Monday, 29th May 2017
• by Menna A. Farouk

The Mortgage Finance Fund (MFF) signs a cooperation protocol worth EGP 250 mn with Egypt’s real estate finance agency, Contact, to finance low-income applicants for social housing units, Invest-Gate reports.

Madbouly Approves New Social Housing Law

• Sunday, 4th December 2016
• by Joana Saba

The Board of Directors of the Social Housing Fund, headed by Minister of Housing, Utilities, and Urban Communities Mostafa Mabdouly, approved a new law governing social housing and real estate funds, in preparation f ...

Wednesday Marks Last Day to Reserve Social Housing Units for Rent

• Tuesday, 29th November 2016
• by Karim Mohy

Around 6,800 applicants have reserved social housing units that are offered for rent, as the deadline for reserving these units is next Wednesday, according to Minister of Housing, Utilities, and Urban Communities Mo ...

Real Estate Sector Struggles Under Current Mortgage Law

• Tuesday, 22nd November 2016
• by Karim Mohy

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.

Developers fear Government Competition in Real Estate Market -Sources

• Wednesday, 9th November 2016
• by Karim Mohy

Small and medium-sized real estate companies are reportedly growing concerned following the Housing Ministry’s offering of units at an unsubsidized cost of EGP 198,000, which will result in taking away a huge number ...

Mortgage Finance Fund Loans Remain Steady Amid Interest Hikes

• Sunday, 6th November 2016
• by Karim Mohy

The loans provided by the Mortgage Finance Fund for real estate, targeting middle- and low-income citizens, will remain steady amid a 3% increase in key interest rates at banks, Mai Abdel Hamid, Chairman of Mortgage ...