JLL Remains Positive on Cairo Real Estate Market

JLL revealed in its latest report that Cairo’s real estate market, with its various sectors, remained strong and saw healthy demand levels throughout the first half of 2019.

Real Estate Taxes to be Automated

Egypt's finance and military production ministries signed on July 17 a cooperation protocol to automate the country's real estate taxes, coming as part of the state's plan to attain financial inclusion through the ...

Phase I of Roxy Smart Parking Officially Kicks Off

The first phase of the four-story Roxy Smart Parking in Heliopolis, east Cairo, was inaugurated on July 21 by Prime Minister Mostafa Madbouly, marking the first fully-automated underground garage in Egypt and the ...

Qalyubia to Have Specialized Investment Zone

Prime Minister Mostafa Madbouly issued a decision on July 22 to establish a specialized investment area, covering 15,029 square meters in the Delta city of Benha, Qalyubia Governorate.

ACUD Starts Competition to Select New Name, Logo for NAC

The Administrative Capital for Urban Development (ACUD), the master developer of the New Administrative Capital (NAC), announced on July 17 the commencement of a public competition to select a new name and logo fo ...

Cabinet Issues Regulations on Reconciliation in Building Violations

Prime Minister Moustafa Madbouly has issued the executive regulations for a temporary bill to settle building code violations, aiming to take into account the social dimension and public interest, while reconcilin ...

New Tiba Wins ISO Certificate for Projects’ Quality

QAS International, one of the leading accreditation bodies, has awarded the New Tiba Development Authority with the International Management System Certification (ISO 45001), in recognition of its intense efforts ...

New Damietta Sees Delivery of Over 3,716 Dar Misr Units: Official

Head of New Damietta Development Authority Mohamed Ragab said 2,616 and 1,100 residential units were handed over to beneficiaries at phase I and phase II of Dar Misr middle-income housing project, respectively, wi ...

El Gazzar Says 4,704 Units at New Mansoura’s Sakan Misr 82% Done

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 4,704 housing units, spreading across 196 separate buildings, are 82% done at New Mansoura's Sakan Misr middle-income project

June 30 Axis to Start Operating Next Month: Minister 

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar announced on June 26 that the parallel route to the Suez Canal - or June 30 Axis - will be inaugurated next month, slated to link Port Said, Is ...

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