Construction & Design (Constec) unveils its expansion strategy for 2021, which includes inking a plethora of contracting agreements for new projects worth EGP 3 bn, Invest-Gate reports.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar, Mohamed Al-Badri, the Egyptian Ambassador to China, and Liao Liqiang, the Chinese Ambassador to Egypt sign a contract for the implementation of five residential towers in the New Alamein City, Invest-Gate reports.

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas inspects the Maspero Triangle project accompanied by Salah Metwally, Supervisor of Developing the Areas of Maspero Triangle, Imbaba Airport and Ain Sira, and New Urban Communities Authority officials, to follow up on the progress of the ongoing development projects

Deputy Minister of Housing, Utilities, and Urban Communities for National projects Khaled Abbas has visited "Soor Magra-El-Oyoun" development project accompanied by Abdel Khaleq Ibrahim, Assistant Minister of Housing for Technical Affairs, and Alaa Abdel Aziz, Assistant Vice President of the New Urban Communities Authority, Invest-Gate reports.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has approved the extension of full payment of residential and non-residential arrears to March 15, with fines exemption.

The New Urban Communities Authority (NUCA) has approved the allocation of 50 plots in 16 new cities for mixed-use activities, in line with the state's keenness to boost urban development and present additional investment opportunities across Egypt.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has emphasized the need for adherence to deadlines and continuous follow-up on the construction of housing units in the “Residence for all Egyptians” initiative.

Sixth of October Development and Investment Company (SODIC) sold out the first batch of residential units at its newest 240-acre west Cairo project in New Zayed, dubbed "Karmell," on the first day of launch on December 16.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has witnessed the signing of a cooperation protocol between the New Urban Communities Authority (NUCA) and the Holding Company for Cotton, Spinning, and Weaving to develop some of the unused lands owned by the latter company or its subsidiaries across Egypt.

Merely 9,024 apartments (376 residential buildings) are almost 91.5% complete in Badr City, which are designated for the first batch of government employees to move to the New Administrative Capital (NAC) upon operation of the new city's ministerial district.