Misr Italia Properties Begins Construction of VINCI

Misr Italia Properties has commenced the construction of VINCI boutique residential project in the New Administrative Capital (NAC), with investments worth EGP 500 mn.

MBG Development Achieves EGP 300 mn Sales at Cityscape Exhibition

Egypt’s real estate developer MBG Development has achieved EGP 300 mn in sales of Pukka project in the New Administrative Capital (NAC) in during its participation at Cityscape Egypt exhibition, which was held fro ...

Egypt’s Residential Prices and Retail Rents Hike in Q1 of 2018: JLL Report

Prices have continued to increase across the residential and retail sectors in the first quarter (Q1) of 2018, according to Cairo Real Estate Market Q1 2018 report by Jones Lang LaSalle (JLL), Zawya reports

NUCA Cuts Penalties on Delayed Payments for Units and Plots in New Cities

The New Urban Communities Authority (NUCA) has approved the reduction of penalties imposed on individuals and developers for delayed payments, for residential and commercial units and small land plots of less than ...

Gov’t Announces Implementation of New Touristic Project at New Aswan City

The 181-acre phase is located at the city’s front, overlooking the Nile.   The project includes two residential areas of 19 and 14 acres with 81 and 66 villas, respectively.

Egypt’s Sisi Visits Galala Mountain for Latest Developments

The new city will include a new road linking Ain Sokhna to Zaafarana through Galala Mountain, a touristic resort, a hospital specialized for medical tourism, and a corniche walkway

EGP 9 bn Invested in Housing Projects in New Cairo: Gov’t

Minister of Housing, Utilities and Urban Communities, Mostafa Madbouly, reviews the latest updates on residential units in the housing projects of Dar Misr and Sakan Misr in New Cairo, Invest-Gate reports

Units in New Administrative Capital to Go Up for Sale in Week

The government is launching an advertising campaign to promote the sale of housing units in the New Administrative Capital, Invest-Gate reports.

DAMAC Unveils Golf Vita Residential Towers 

UAE's developer DAMAC Properties launches its new residential project at DAMAC Hills, Invest-Gate reports.

Gov’t to Deliver 6,839 Units by Year-End

The government is to hand over new social housing units in 10 governorates by the end of this year, Invest-Gate reports.

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