Obour City
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Developers
Beta Egypt Lists 100 West Cairo Units Under CBE Initiative
Sunday, 29 November 2020
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.
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Developers
El Batal Group Plans to Deliver 4 Projects Before 2022
Sunday, 27 September 2020
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."
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Government
Obour City Sees 816 JANNA Units Completed
Wednesday, 12 February 2020
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
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Government
NUCA Auctions Over 85 Mixed-Use Units Nationwide
Sunday, 3 November 2019
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
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Government
Egypt to Have 4 New Lulu Hypermarkets Soon
Thursday, 29 August 2019
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.
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Government
Gov’t to Deliver Over 7,000 Units in JANNA Housing Project
Sunday, 28 October 2018
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.
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Government
Gov’t to Deliver 456 Units in Dar Misr Phase 1 in Sadat, Obour Cities
Tuesday, 13 March 2018
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
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Government
375 Decrees Against Construction Violations Imposed, Obour City
Tuesday, 7 February 2017
Obour City’s apparatus to enforce law against illegally built residential units, shops, and lands -
Government
Citizens to Transfer to Social Housing in New Cities Until 15th of February
Sunday, 15 January 2017
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. -
Government Construction
Egyptian Government to Adjust Building Contract Prices
Sunday, 1 January 2017
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.
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Last Modified January 3, 2022