Alalmeya to Develop EGP 3.5 B Project in New Cairo

Alalmeya for Real Estate Investment and Development plans to develop a residential project on the Egypt-Suez Road in front of the New Administrative Capital.

Redcon to Complete Construction on the EGP 800 M Building in August

Redcon Construction company is set to complete construction on its new EGP 800 million administrative building by the end of August.

Delivery of New Cairo Middle Income Housing Delayed

The Ministry of Housing announced that it will not be able to deliver the first phase of the middle-income social housing project in New Cairo within the scheduled time frame, which was set for June 2016.

JLL Report: Consumers Prefer to Rent in New Cairo Over 6th of October

A recent report by Jones Lang La Salle (JLL) revealed apartment and villa rental rates in New Cairo increased at a faster rate compared to 6th of October City.

Burj Global Invests EGP 630M in New Cairo Project

Burj Global for Real Estate, a Kuwait-based company, launches the development of an integrated residential project on Street 90 in New Cairo.

First Phase of M2 Gardens Project’s Development to Begin in Q3 2016

M2 Developments is set to start developing the first phase of M2 Gardens in the third quarter of 2016, announced its CEO, Mostafa Aboul Fotouh.

Mortgage Finance Fund Launches 3 New Centers to Serve Social Housing Applicants

Three new centers were launched for applicants to social housing initiatives to mitigate overcrowding at the 15th of May City center.

Reiada Launches EGP 30 M Project in New Cairo

Reiada Real Estate Company launches EGP 30 million property project in Fifth Settlement, New Cairo, said Ahmed Gamal, Reiada's General Manager.

Ministry of Housing Offers Land in Upscale Areas in New Cairo

Ministry of Housing, Utilities and Urban Communities is working on launching a tender for land plots in New Cairo, the category of land offered will be Distinctive. The highest category of land offered by the state, ...

Ministry Extends Reservation Swap in Social Housing Unit to End of July

The Ministry of Housing, Utilities and Urban Communities approved the extension period to swap reservation of social housing units to the end of July, Head of the Mortgage Finance Fund, May Abdel Hamid.

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