Plan to attract more Arab, foreign investments in Egypt real estate sector
NUCA is one of the biggest agencies attracting investments in Egypt, whether foreign or local
Mohamed Darwish
37 Articles
Latest by Mohamed Darwish
Egypt to launch online booking of land, residential units in new cities: Housing minister
NUCA presents investment opportunities to developers through its website
NUCA’s approves contracts with five real estate companies with investments EGP 179bn: Madbouly
Benefits from Marketing plan for developers, Development increases value of land, says Prime Minister
NUCA is working to revitalise real estate sector: Madbouly
Authority is preparing diversified investment offering comprising partnership plots for various companies, minister says
Urban Communities Authorities investments worth EGP 15bn during 6 months
Investments of the Urban Communities Authority amounted to EGP 15bn during the first half (H1) of the current fiscal year, distributed over housing and infrastructure projects. The investments approved by the commission in the 2017/2018 plan amount to EGP 30bn and aim to increase them to EGP 40bn till the end of June 2018. According …
Administrative capital allocates 3,500 acres for real estate companies
Land prices will rise as developers continue purchasing, says Abdeen
Top 10 real estate projects in New Cairo
DNE sheds light on prices of real estate units in New Cairo, according to B2B for Real Estate Marketing
New Administrative Capital Company raises land prices for real estate companies
Price expected to reach EGP 4,000 per sqm
“Urban communities” increase investments in “administrative capital” to EGP 10bn
Madbouly is offering foreign companies to participate in developing projects in new cities
New Administrative Capital units to be offered in H1 2018
Schedule of delivery exists, price of a metre is nearing EGP 10,000
Al-Sisi lays first stone for New Administrative Capital
The urban development projects aim to prevent random housing and provide adequate housing for citizens, says the president
The New Administrative Capital—a real estate project and seat of government
The new administrative capital is one of the most prominent projects of the current regime. And it is one that sees continuous oversight by the presidency since it was announced at the economic summit in Sharm el-Sheikh in March 2015. The project witnessed several changes, which were supposed to be developed by the government in …
Housing Ministry supports the real estate sector within a comprehensive plan for economic reform: Madbouly
Ministry provides units and land for all income segments and meet the demands of developers according to various investment models
NUCA receives offers to pay for distinct lands in New Cairo and Sheikh Zayed in cash
Plot price registers EGP 6m
EGP 50bn to be collected from adjusting conditions of 12,500 acres in Green Belt
EGP 42.8bn collected for change of activity and utilities, EGP 7bn from restored lands
NUCA plans to expand land offerings for different segments of society
NUCA is forming a committee to follow up on the application of real estate regulations in the new cities
NUCA completes 65% of its investment plan in FY 2016/2017: Mamdouh
The authority spent EGP 24bn on social and middle-income housing projects, as well as installing facilities
NUCA preparing land offerings for investors and partnership projects
The New Urban Communities Authority (NUCA) has received an offer from Egyptian and Arab alliances to develop partnership projects. The authority has requested companies to make offers to compete on the projects of the second phase. The planning and projects sector has completed the preparation of lands for investment and service activities, in addition to …
Fawaz Alhokair set to expand investments in Egypt
The Saudi investment group is aiming to expand its portfolio through its Egyptian subsidiary MARAKEZ
Land sales in 2016 greatly exceeded rates of previous years: Madbouly
Ministry to expand in granting lands to achieve a real estate boom
SDA introduces investment projects worth EGP 10.7bn
The Sinai Development Authority will complete the first phase of the Suez Canal development projects in April
Average demand on service land offerings in Dar Misr, social housing projects
New Urban Communities Authority received 357 offers to compete over 48 out of 98 lands offered
EGP 2bn invested in Greater Cairo Reconstruction Authority projects: authority’s head
First phase of Fangary axis to start in April, total cost exceeds EGP 1bn
High-class lands lead price hikes of residential units
NUCA prepares the offering of new lands, square meter prices in New Cairo might reach EGP 6,000
New Urban Communities Authority offers 15 plots of land to private sector
Total area is 4,524 acres, and targeted investments exceed EGP 500bn
North Coast Development Authority investments worth EGP 3.9bn
The authority is set to complete the construction of 9,300 units worth EGP 1.5bn in five governorates by June 2017
Sale of Imbaba airport land raises dispute between residents, Housing Ministry
The Popular Committee for the Defence of Imbaba Airport Land is preparing to file a lawsuit against the decision
Ministry of Housing announces 3rd auction through one-stop shop system
Offering services of social housing project and Dar Masr in 10 cities in cooperation with Ministry of Investment
MFF aims to spend EGP 10bn from CBE’s initiative by end of June: Abdel Hameed
The volume of the initiative’s financing increased from EGP 154m in 2014 to EGP 3.5bn in 2016
EGP 1.08bn in instalments for social housing units paid by 270,000 individuals
From the beginning of November, instalments for the new phase of the social housing project reached EGP 1.08bn paid by 270,000 people. These instalments are to book 400,000 units dedicated to low-income citizens in new cities and governorates. Mohamed Okasha, managing director of Fawry, said 270,000 people have paid booking deposits through Fawry. Each …