Gov’t Earmarks EGP 2.48 mn Investments to New Valley in FY 2018/19

The value of the Egyptian government's earmarked investments in the New Valley is estimated at EGP 2.48 mn in the FY 2018/19, Planning Minister Hala El-Saeed stated on November 12, underlining the province's promi ...

NUCA Extends Deadline to Submit Applications for Lands in New Sphinx City

Tarek El Sebai, deputy chairman of New Urban Communities Authority (NUCA) for Real Estate and Commercial Affairs, said that the submission period for applications of those who already hold sale contracts or land o ...

Orascom Plans to Launch “O West” in 6th of October City in Q1 2019

Egypt's Orascom Development plans to launch a new compound called "O West" in 6th of October City during the first quarter of next year

Misr Italia, El Mostakbal to Co-Develop New Project in Mostakbal City

Egypt’s property developer Misr Italia Properties and El Mostakbal for Urban Development have inked a deal for the co-development of an integrated residential compound in Mostakbal City with initial investments wo ...

MNHD Logs Net Profits of EGP 869.1 mn in 9M

Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) posted a consolidated net profit of EGP 869.1 mn for the first nine months of 2018, up 1.3% year-on-year (YoY) from the year-ago period

HDRIC Pumps EGP 700 mn in 6th of October City’s Tala Compound

Housing and Development Real Estate Investment (HDRIC), one of Housing and Development Bank’s (HDB's) companies, has pumped investments of EGP 700 mn in "Tala" project in 6th of October City, intending to deliver ...

NUCA Announces 1st Five Land Offers in New Alamein, New Mansoura

The New Urban Communities Authority (NUCA) announced its initial land offer in the New Mansoura and New Alamein cities as booklets for five sites dedicated to integrated urban activity are offered in both cities t ...

Master Group Markets 80% of “The City” in New Capital

Egypt's property developer Master Group says that it has marketed 80% of its flagship "The City" in the New Administrative Capital, aiming to complete the project's marketing by the end of October

Emaar Launches First Beach Homes at Dubai Creek Harbour

Dubai-based developer Emaar has launched newest residential units -"Breeze"- at the Creek Beach district, a first-of-its-kind urban beach in the heart of Dubai Creek Harbour

Housing Ministry Finalizes 97.4% of Al Asmarat 3

Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development, announced that Al-Asmarat 3 residential project has been completed by 97.4%

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