New Cairo Awaits 26,064 Sakan Misr, JANNA Units

The government is working on developing a total of 26,064 residential units in New Cairo's Sakan Misr and JANNA public housing projects, with investments estimated at EGP 9 bn

El Gazzar Mandates Removal of Encroachments in New Cairo, New Alamein 

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar mandated on January 5 the voluntary removal of all encroachments and building violations on lands and residential units in New Cairo and New Al ...

MNHD Closes EGP 370 mn Securitization Transaction

Madinet Nasr Housing Development (MNHD) closed on December 19 an EGP 370 mn securitized bond issuance by Financial Group for Securitization Company (FGS)

Rooya Group Releases Stone Street in New Cairo

Rooya Group has released a new mixed-use project, called “Stone Street,” as part of its flagship project in New Cairo, or the "Stone Development."

NUCA Allocates 23 Plots for Mixed-Use Projects in New Cairo

The New Urban Communities Authority (NUCA) has approved the allocation of 23 plots for the establishment of various medical, commercial, and administrative projects in New Cairo.

Al-Futtaim Breaks Ground on EGP 2 bn Festival Avenue

Al-Futtaim Group has launched the new expansion of Cairo Festival City (CFC) Mall, called "Festival Avenue," in the heart of New Cairo

Hassan Allam Properties Launches (every ) Integrated Mixed-Use Destination in East Cairo

Egypt’s real estate developer Hassan Allam Properties (HAP) has set foot into the commercial realm with its new 144,000-square-meter fully-integrated mixed-use destination, dubbed "(every )," located at the heart ...

MNHD Launches New Phases of Taj City, Sarai

Managing Director and CEO of Madinet Nasr Housing and Development (MNHD) Ahmed Al Hitamy has uncovered the launch of three new phases of New Cairo's Taj City and Sarai.

OUD Launches Phase II of New Cairo’s Azadir

Orientals for Urban Development (OUD) has launched phase II of its New Cairo flagship project Azadir, which will comprise units with areas ranging from 55 to 130 square meters, offering competitive pricing.

MNHD Leases Another Plot in Sarai to Total Egypt

Madinet Nasr for Housing and Development’s (MNHD) board has given the go-ahead to lease a 3,000-square-meter plot in its New Cairo compound, Sarai, to Total Egypt for 25 years, adding up to the latter’s 7,000-squa ...

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