Banking Alliance of 8 Banks Provides Joint Financing of EGP 10.3 Bn to Palm Hills Subsidiary for New October City Project

A banking consortium has successfully secured Palm for Urban Development, a subsidiary of Palm Hills, a substantial long-term syndicated loan totaling EGP 10.3 bn, Invest-Gate reports.

Harva Developments Set to Invest EGP 3 Bn in the Next 6 Months

Harva Developments plans to invest EGP 3 bn in the next six months, with the intention to double those investments by 2025, Invest-Gate reports.

Alternative Residential Land Plots Allocated for 400 Families from El-Warraq Island

Osama Shawky, the head of the New El-Warraq Island Development Authority, announced that the authority has conducted public lots to allocate alternative residential plots of land in the cities of New October and O ...

El-Gazzar Monitors Progress of Presidential Initiative Projects, Facilities in New October City

Minister of Housing, Utilities, and Urban Communities Assem El-Gazzar has been closely monitoring the progress of the presidential initiative project “Sakan Kol El Masryeen” aimed at providing housing for all Egyp ...

New Public Lottery Conducted for Alternative Housing Units for Warraq Island Residents in New October City

Osama Shawky, the head of the New Warraq Island Development Authority, announced that the authority has successfully conducted its 53rd public lottery, Invest-Gate reports.

Gov’t Delivers Almost 800 Social Housing Units in New October

West Cairo's New October City is witnessing the gradual handover of 792 social housing units in the 800-acre neighborhood.

Asphalt is Laid on Roads of 800-Acre Neighborhood: Official

Head of New October City Development Authority Adel El Naggar announced that asphalt is being laid on roads of the social housing project located in section D of the 800-acre neighborhood

Gov’t Plans to Offer 2,082 Plots in 17 New Cities

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 2,082 plots will be offered in 17 new cities, starting September 17.

West Cairo Awaits 147,680 Social Housing Units

West Cairo's New October City and October Gardens will shortly have a total of 147,680 social housing units completed, as part of the state's social housing project, which aims to provide adequate, affordable home ...

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