Beta Egypt for Urban Development and Banque Misr have partnered to provide mortgage services for the Egypt-based developer's various gated communities in west Cairo's October Gardens, thereby listing 100 residential units under the Central Bank of Egypt (CBE) real estate financing initiative.

El Batal Group has announced plans to hand over four of its flagship developments in New Cairo, Obour City, and 6th of October City before the end of 2021, coming under the name of "The Rocks."

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has stated that 816 residential units, or 34 buildings, have been implemented in the JANNA luxury housing project in Obour City

The New Urban Communities Authority (NUCA) is offering 89 properties of different sizes and activities in a public auction sale, notably across Shorouk City, New Minya, Sadat City, New Fayoum, and Obour City

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 provide low-priced food commodities.

The New Urban Communities Authority (NUCA) announced on October 9 that over 7,000 residential units will be open for reservation at JANNA luxury housing project, starting October 14.

Minister of Housing Mostafa Madbouly announced that 360 and 96 housing units are ready to be delivered in the first phase of the middle-income project “Dar Misr” in Sadat and Obour Cities respectively

Obour City’s apparatus to enforce law against illegally built residential units, shops, and lands

The Ministry of Housing, Utilities, and Urban Development permits applicants of its eighth offering of social housing units located in Giza, Qaliubya, Alexandria, and Sharqiya, transfers to new cities within their governorates starting today and until February 15, according to Minister of Housing, Utilities, and Urban Development Mostafa Madbouly, Invest-Gate reports.

The Egyptian Cabinet has approved on adjusting prices of contracts for the implementation of 75,000 social housing units in 6th of October City, Badr City, and Obour City, to be revalued at EGP 145,000 per unit.