Karma Reveals Plans for New Residential Projects

Karma for Real Estate is planning to implement touristic residential projects in several areas across the North Coast and Ain Sokhna, according to the company’s Chairman, Ahmed Mostafa.

Housing Ministry to Establish Social Housing Units in New Cairo

The Ministry of Housing, Utilities, and Urban Communities will establish between 8,000 and 10,000 social housing units with floorplans of approximately 90 square meters as a first phase of a social housing scheme loc ...

Administrative Court Rejects Qatari Diar’s Lawsuit to Cancel Sinai Project

The Administrative Court has rejected an appeal lodged by Qatari Diar to cancel its 30 mn square meter project in Sinai.

Al-Futtaim to Invest EGP 3 bn in Developments in Egypt

Dubai-based developer Al-Futtaim Group plans to invest EGP 3 bn to complete its projects in Egypt, including its Oriana development in New Cairo which will alone receive EGP 1 bn in investment, according to Managing ...

Dispute Between Qatari Diar and Egyptian Government Ongoing

Qatari Diar is not entitled to resort to international arbitration against Egypt, unnamed sources told Shorouk News, following previous reports that the Qatari company would resort to international arbitration in an ...

El Batal Group to Launch Residential Project in New Cairo

A new residential project worth EGP 300 mn will be implemented in New Cairo by El Batal Group for Housing and Development, according to Emad Doss, the company’s Chairman.

Qatari Diar Pursuing International Arbitration over New Cairo Project -Source

Qatari Diar is taking steps to proceed with international arbitration against Egypt over its vacant land plot in New Cairo meant to house its long-stalled residential project, with the Investment Ministry reportedly ...

Deadline on Applications for Dar Misr Phase I and II Units Closes Today

Today marks deadline set by the Ministry of Housing, Utilities, and Urban Communities’ for applicants seeking to reserve one of 10,616 remaining units that were previously offered in the first and second phase of the ...

Secon to Offer Tenders on New Residential Project in 4 Months

The Saudi Egyptian Construction Co. (Secon) will offer tenders for the second and third phase of its Riyadh residential project in New Cairo within the next four months.

NUCA Appoints 4 Contractors for Projects in New Cairo

New Urban Communities Authority (NUCA) has assigned four contractors to implement projects for the Bait Al Watan project at a cost of EGP 160 mn and which will include electricity, sewage, and other facilities in New ...

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