Madar to Invest EGP 4.5 B in Real Estate Market in 2017

• Tuesday, 5th July 2016
• by Heba Eid

Madar Holding Company for Real Estate Development is set to invest EGP 4.5 billion in the real estate market in 2017 and launch new projects, revealed Gasser Bahgat, the company’s Board of Directors Chairman and Mana ...

Minister of Housing Urges Social Housing Rentals

• Monday, 4th July 2016
• by Heba Eid

Mostafa Madbouly, Minister of Housing, Utilities and Urban Communities, commissioned officials of the social housing project to quickly setup rental system for residential units especially for governorates that need ...

Real Estate Prices in Heliopolis Rise by Almost 30% in H1 2016

• Monday, 4th July 2016
• by Heba Eid

Real estate prices in Heliopolis rose by 20-30% by the end of the first half (H1) of 2016 compared to the same period, last year.

Housing Ministry and World Bank Agrees on Indexing Property Prices in New Cities

• Sunday, 3rd July 2016
• by Invest Gate

Ministry of Housing, Utilities, and Urban Communities and the World Bank are currently working on a joint project to index prices of properties in news cities. The purpose of the project is to monitor the local real ...

UBE to Launch New Property Financing Product, Egara

• Sunday, 26th June 2016
• by Nadine Abou el Atta

A new property financing product, Egara, will be launched soon by the United Bank of Egypt (UBE) to finance residential units for low and medium-income individuals, according to Chairperson of UBE, Ashraf Al Kady, Da ...

New Vision Set to Launch 5 New Projects for EGP 70 M

• Saturday, 25th June 2016
• by Nadine Abou el Atta

New Vision, a real estate investment company, aims to raise their investment portfolio in the Egyptian market to EGP 1 billion through investments in New Cairo, and Mohandessin, by the end of 2019, said Chairman of t ...

Government Opens Online Reservations for Beit Al Watan Project

• Sunday, 19th June 2016
• by Invest Gate

Ministry of Housing, Utilities, and Urban Development announced on the 19th of June, the launch of its website for reserving units and land lots in the new phase of Beit Al Watan project. The project is tailored for ...

Sodic Delivers Phase 2 of Eastown Units in July

• Monday, 6th June 2016
• by Invest Gate

Six of October Development and Investment (Sodic) announced that it will deliver phase II units of Eastown projects in New Cairo in July 2016.

El Safwa Targets Selling EGP 200M of Residential Projects in New Cairo

• Monday, 6th June 2016
• by Invest Gate

El Safwa Real Estate Investment Company is currently targeting the selling of 25 villas in Al Andalus area, in New Cairo, for EGP 200 million.

NUCA to Collaborate with Mountain View to Develop iCity Project

• Monday, 6th June 2016
• by Invest Gate

The New Urban Communities Authority (NUCA) Board will issue within days a ministerial order to develop the iCity project with investments worth EGP 31.97 billion ($ 3.6 billion), in collaboration with the Saudi-Egyp ...