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Transfer of 3.1m sqm of land in Sadat City to Industry Ministry: housing minister
Small industrial units exempted from payment of delay penalties in case of paying all dues within 4 months from date of advertising in newspapers
Government invests EGP 58bn in housing, utilities projects: minister
The government‘s investments in Upper Egypt projects reached EGP 58bn, distributed between housing, drinking water, sanitation and utilities projects, according to Minister of Housing Mostafa Madbouly. Madbouly added that there is a strong focus on the implementation of treatment projects, and that the vast majority of the three sewage treatment plants will be implemented and …
EGP 10bn investments in New Administrative Capital
First phase of staff transfer to capital sees 35,000 employees moved
Egypt to establish 2 monorail projects linking Sixth October, Cairo, New Administrative Capital: housing minister
Two monorails are to be established in Egypt, one to link the New Administrative Capital with East Cairo and downtown at 52 kilometres in length, and the other to link Sixth of October City with Giza at 35 kilometres in length, acting Prime Minister and Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly revealed …
Government land pricing policy reasonable for investors: Minister of Housing Mostafa Madbouly
High interest rate environment negatively affected investment in real estate sector
NUCA offered 12,000 feddans within a year: Housing Minister
The increase in land prices and interest rates are the main challenges facing the sector, says developers
Housing Ministry completes draft amendments for non-falling building demolition, heritage building preservation law
The Ministry of Housing announced completing the draft amendments for Law No. 144 of 2006 regarding the regulation of demolition of non-falling buildings and preservation of heritage buildings. Minister of Housing Mostafa Madbouly said that the draft law will be sent to the cabinet within days for discussion and approval, and then sent to Parliament. …
Can Sakan Misr projects succeed in resolving housing price hikes?
The delivery of housing units to citizens will be within two years: official
Sakan Misr sells 8,463 conditions booklets in first day
In case of running out of conditions booklet, the ministry will print out new ones, says Housing Minister
High demand on purchasing “Sakan Misr” conditions booklet
7% of the unit price to be deducted if payment done within 2 months
Buying “Sakan Masr” conditions booklet begins Tuesday
The apartments will be submitted within two years
Minister of Housing receives 1-year imprisonment
The sentence included a EGP 30,000 fine and being sackedfrom his position
Land sales in 2016 greatly exceeded rates of previous years: Madbouly
Ministry to expand in granting lands to achieve a real estate boom
$65m fund from Kuwaiti Fund for Arab Economic Development
Finances will be provided to two projects in the agriculture and seawater desalination sectors
Housing Ministry offers new phase of distinctive lands through NUCA
The ministry allocates 1,465 lands in a complementary toss for losers of previous tosses
Units for overseas Egyptians should be attractive: experts
The ministry of housing should provide fair prices to attract Egyptians abroad to pay for it by US dollar
Technology centres to be built in 8 cities this fiscal year: Housing Minister
Minister of Housing Mostafa Madbouly said that the construction of technological centres is underway in four new cities, adding that four more will be established this fiscal year. Centres in 13 cities have been under construction. He pointed out that these centres adopt the one-stop shop service and separate service providers from their recipients …
Egypt invests EGP 43bn in real estate sector over 30 months: Housing Minister
NUCA started building 9 new cities at once, says minister
Ministry seeking to overcome slow growth in real estate sector in past years: Mostafa Madbouly
We are taking market developments into account and are planning for projects that attract new investments, says Housing Minister
Ministries of military production, housing sign protocol for smart water meters
Imported water meters cost $90-$100, says minister of housing
Implementation phase kicks off for New Administrative Capital project
Last year, NUCA announced that it plans to provide EGP 5bn as an initial investment in the project
1,560 units built in New Tiba city: minister of housing
A total of 5,352 new housing units are being built in the city, says Madbouly
7,000 social housing units in 6th of October to be delivered in 2016
Armed Forces Engineering Corps supervises 40% of units in 6th of October’s social housing project
Dar Misr first units to be handed in July
Forces Engineering Corps received lands from NUCA for second and third phases
National sanitation programme implementation begins
The project costs $550m and is funded by the World Bank
Dar Misr project implemented by 31%
The first phase includes establishing 13,269 units in New Cairo and 5,712 units in New Damietta
€13m from GIZ to develop unsafe slums: Madbouly
All unsafe slums will be fully developed in three years according to the ministry’s timetable
NUCA, GAFI sign MoU to activate one-stop-shop system: Madbouly
Administrative fees reduced by 40%-50% within the amendments to the internal statute, says Madbouly
Implementation of 3 roads in national plan progresses
Total cost of the national plan for developing the road network is EGP 34bn
New 30 June extension to connect East Port Said, Sinai, Delta governorates: Housing ministry
The extension will reduce travelling time between Sinai and Delta by about 60 minutes