Egypt to Have 4 New Lulu Hypermarkets Soon

• Thursday, 29th August 2019
• by Invest Gate

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 ...

Gov’t to Deliver Over 7,000 Units in JANNA Housing Project

• Sunday, 28th October 2018
• by Sara Mohamed

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.

Gov’t to Deliver 456 Units in Dar Misr Phase 1 in Sadat, Obour Cities

• Tuesday, 13th March 2018
• by Invest Gate

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

375 Decrees Against Construction Violations Imposed, Obour City

• Tuesday, 7th February 2017
• by Farah Montasser

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

Citizens to Transfer to Social Housing in New Cities Until 15th of February

• Sunday, 15th January 2017
• by Yasmin El-Beih

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 go ...

Egyptian Government to Adjust Building Contract Prices

• Sunday, 1st January 2017
• by Invest Gate

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.

Heliopolis Housing to Offer 240,000 acres of Land for New Projects

• Wednesday, 30th November 2016
• by Karim Mohy

Heliopolis for Housing & Development (HHD) will be implementing several projects the upcoming period, including the construction of facilities for 240,000 acres located on Suez Road which are set to be offered to pri ...

Developers fear Government Competition in Real Estate Market -Sources

• Wednesday, 9th November 2016
• by Karim Mohy

Small and medium-sized real estate companies are reportedly growing concerned following the Housing Ministry’s offering of units at an unsubsidized cost of EGP 198,000, which will result in taking away a huge number ...

Heliopolis Housing Records Sales of EGP 25.4 mn in October

• Wednesday, 9th November 2016
• by Karim Mohy

Heliopolis for Housing and Development’s three projects, in the Sheraton neighborhood in Heliopolis, in Obour City, and in New Heliopolis City, have recorded total sales of EGP 25.4 mn in October.

Obour City Continues Campaign to Resolve Building Violations

• Sunday, 6th November 2016
• by Karim Mohy

A total of 64 cases of building violations have been resolved or removed amid a larger campaign to remove any types of violation across Obour City.