NUCA Issues 60 Decisions for Various Projects in August: Official

Assistant Minister for Community Affairs of the New Urban Communities Authority (NUCA) Waleed Abbas has unveiled that almost 60 ministerial decisions for development projects have been issued in August.

Work on NAC’s Capital Park Must Conclude Before 2021: Abbas

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has undertaken a follow-up visit to the New Administrative Capital’s (NAC) Capital Park project, where he called on c ...

New Alamein Holds 1st Auction for 11 Properties

New Alamein City Authority has held the first auction for 11 mixed-use properties, in a bid to offer the necessary services and facilities to roll out a fully-fledged all-year-round city.

El-Sisi Mandates Execution of EGP 30 bn Non-Profit Universities

President Abdel-Fattah El-Sisi has directed the Egyptian government to approve the development of several state-run non-profit universities, at a total cost of EGP 30 bn.

Cabinet Nods USD 500 mn World Bank Housing Facility Extension

Egypt's Cabinet has ratified a USD 500 mn (EGP 8 bn) extension to a World Bank (WB) facility, as part of a program to improve access to low-income housing and bolster the state’s Social Housing and Mortgage Financ ...

NUCA Offers 2,351 Residential Plots in Over 14 New Cities

The New Urban Communities Authority (NUCA) began the offering of about 2,351 land plots in more than 14 new cities for online reservations on July 28.

EBRD to Back NUCA Bond Program with Another EGP 1.5 bn

The European Bank for Reconstruction and Development (EBRD) will back the New Urban Communities Authority’s (NUCA) latest EGP 10 bn securitized bond issuance with EGP 1.5 bn investment.

Gov’t Extends Online Reservation for New Mallawi Plots

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced the extension of the online reservation period for 204 land plots in Upper Egypt's New Mallawi for an additional week.

Egypt Mandates Redesign of 9 Areas on North Coast

Egypt's Supreme Council for Planning and Urban Development has signed off on the redesigning of nine areas, assigned to the New Urban Communities Authority (NUCA), on the North Coast.

Egypt’s Housing Minister Returns to Office After 14-Day Self-Isolation

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has left his home for the first time in almost two weeks and returned to office, after self-isolating due to exposure to a COVID-19 carrier on ...

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