Madbouly: 9 Egyptian Companies Showcasing their Products in BATIMAT

Minister of Housing Mostafa Madbouly has arrived in the French capital, Paris, to participate in BATIMAT-Paris exhibition for constructions and building

Reservation for Non-Financed Social Housing Units Extended

The Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly has extended the reservation period for non-financially-supported social housing units across 19 governorates for an additional of 15 days, a ...

Wednesday Marks Last Day to Reserve Social Housing Units for Rent

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 ...

Madbouly: NUCA’s Investment Budget for 2016 Registers EGP 37 bn

The investment budget of the New Urban Communities Authority (NUCA) has grown from EGP 5 bn for 2013/2014 to EGP 6 bn at the end of 2014 to EGP 37 bn for 2016, according to Minister of Housing, Utilities, and Urban C ...

New Administrative Capital Company to Float Shares in IPO -Chairman

Up to one third of the shares of the Administrative Capital for Urban Development, the company responsible for building the new administrative capital in East Cairo, will be floated in an upcoming IPO at a date yet t ...

Housing Ministry Signs Protocol with Real Estate Chamber to Resolve Developers’ Issues

Mostafa Madbouly, Minister of Housing, Utilities, and Urban Communities and Tarek Shoukry, Head of the Chamber of Real Estate Developers at the Federation for Egyptian Industries, signed a cooperation protocol aiming ...

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 ...

Hill International Seeks to Manage New Administrative Capital

US-based Hill International, a real estate management firm, is in negotiations with the Egyptian Armed Forces Engineering Authority over managing the development of the New Administrative Capital, according to Waleed ...

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 ...

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