New Akhmim Sees 1,632 Housing Units 70% Finalized

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 1,632 social housing units, within 68 buildings, are 70% completed in New Akhmim, Sohag Governorate, as part of the state's efforts to pro ...

Porto Group to Implement EGP 3 bn Project in Assiut

Porto Group's subsidiary, Porto Assiut Tourism Development, has signed an agreement with New Urban Community Authority (NUCA) to purchase a land plot in Assiut, Upper Egypt, for the implementation of an EGP 3 bn p ...

Orascom, BESIX to Develop Waste-to-Energy Plant in West Cairo

The New Urban Communities Authority (NUCA) has signed a memorandum of understanding (MoU) with Orascom Construction and Belgium-based BESIX Group to establish a waste-to-energy plant in west Cairo

Alexandria’s Mahmoudia Axis to See 2 Mixed-Use Projects

The New Urban Communities Authority (NUCA) has inked a cooperation protocol with subsidiaries of Holding Company for Cotton, Spinning, and Weaving on the development of integrated urban projects within two plots o ...

NUCA to Establish Urban Project in New Port Said

Egypt's cabinet approved on September 4 the reallocation of a 23,241.8-acre plot for the New Urban Communities Authority (NUCA) to establish a new fully-fledged urban development in New Port Said.

Unveiling of Al Yosr Land Plan by SODIC Approved

Sixth of October Development and Investment Company (SODIC) announced on August 28 that its fully-owned subsidiary, Al Yosr for Projects and Agricultural Development, has received approval for the masterplan of it ...

Egypt to Have 4 New Lulu Hypermarkets Soon

Egypt has inked a USD 500 mn deal with UAE’s LuLu Group International to establish four new hypermarkets nationwide over 12 months, coming as part of the state's plans to expand the Egyptian retail sector and prov ...

NUCA Allocates Plots for 6 Mixed-Use Projects in Sadat City

The New Urban Communities Authority (NUCA) has allocated six land plots in Sadat City, Monufia Governorate, for various activities (residential, commercial, administrative, industrial, etc.).

Remco Gets 115.65 Acres for Urban Project in New Cairo

Remco Tourism Villages Construction Company (RTVC) has been allocated a 115.65-acre plot by the New Urban Communities Authority (NUCA) to develop a fully-fledged urban project in New Cairo.

SODIC’s H1 Revenues Jump to EGP 2.02 bn

Sixth of October Development and Investment Company (SODIC) saw its revenues jumping 92% to EGP 2.02 bn in H1 2019 from EGP 1.05 bn in the year-ago period, with east Cairo projects logging 66% of the posted value. ...

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