Latest in Tag: Housing Minister Highlight
Latest in Tag: Housing Minister
Six-month grace period for construction projects in new cities begins: Housing Minister
The decision was approved by the Board of Directors of the New Urban Communities Authority (NUCA) in a previous meeting in response to requests submitted to the authority. The measure was taken to extend the period of contract implementation amid the negative effects of the Russian-Ukrainian War.
Housing and Justice Ministers meet CBE officials to discuss facilitating real estate financing procedures
El-Gazzar stressed the need to develop a sustainable system for real estate financing and increasing the size of the allocated portfolio from banks
Egypt’s Housing Minister, TMG chief lay foundation for Noor City in Capital Gardens
Noor is Egypt’s first green smart city on 5,000 feddan, comprising of 140,000 units, with EGP 0.5trn investments
Housing Ministry to facilitate quicker real estate project development
El-Gazzar met with a number of investors and developers on Thursday to review the current status of their projects in the 10th of Ramadan City.
Housing Ministry prepares investment opportunities to be presented to Tharaa: Minister
The ministry plans to offer new lands through Beit Al Watan project in New Cairo and New Mansoura
Direct-order land allocation system likely to attract FDIs: Developers
New mechanism encourages companies to acquire new land in a safe, stable way away from land dealers, brokers, says developer
Egypt to launch online booking of land, residential units in new cities: Housing minister
NUCA presents investment opportunities to developers through its website
Egypt aims to double current urban area to reach 14%: Housing Minister
Held under the patronage of the Prime Minister, Mostafa Madbouly, The Big 5 Construct Egypt is Egypt’s largest construction event, providing a platform to foster industry best practices, business and investment opportunities in Egypt.
2nd Think Commercial round-table to start Tuesday, under auspicies of Housing Minister
The roundtable will be held under the patronage of Minister of Housing, Utilities and Urban Communities Assem El Gazzar.
Assem El Gazzar sworn in as housing minister
Assem El Gazzar was sworn in as the minister of housing on Wednesday as a successor to Prime Minister Mostafa Madbouly. El Gazzar is one of the closest aides to Madbouly, and they worked together in the General Organisation of Physical Planning (GOPP). El Gazzar was the deputy housing minister, and served as chairperson of …
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
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 …
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
Cabinet approves a supplementary phase of Beit AlWatan project to attract more remittances: Housing Minister
Minister of Housing Mostafa Madbouly announced the approval of the Cabinet in its meeting on Wednesday on the ministry’s request to extend the Beit AlWatan project, in New Cairo, through an additional phase in new cities to attract and receive more remittances from Egyptian expats. Further, Madbouly noted that the cabinet approved also providing a …
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
Judge in Ibrahim Soliman case steps down
Soliman is accused of having squandered an estimated EGP 1bn in public funds
Ministers of communications, housing inaugurate Huawei’s first Broader Way Forum titled ‘Enabling digital transformation’
Under the name “New information and communication technology leadership and digital empowerment”, the global company Huawei organised the first Broader Way Forum entitled “Enabling digital transformation”, in the presence of Minister of Communications and Information Technology Yasser Al-Qadi and Minister of Housing, Utilities, and Urban Communities Moustafa Madbouly, in addition to a number of company …
Egypt invests EGP 43bn in real estate sector over 30 months: Housing Minister
NUCA started building 9 new cities at once, says minister
Egyptian real estate market is the largest in terms of revenues: Housing Minister
Investment revenues are estimated at 25%, no other country has such high returns, says Madbouly
Housing Minister tasks officials to quickly offer rent units in social housing project
Madbouly instructed preparation for the launch of about 40,000 units for rent
Housing Minister, Real Estate Investment Division of FEDCOC to discuss real estate developers’ union draft law within days
Businessmen and real estate sector’s representatives unanimously approve the initial draft
National sanitation programme implementation begins
The project costs $550m and is funded by the World Bank
Housing minister discusses Cairo Capital projects with Chinese company
The company has experience in implementing similar projects, Mabouly says
Housing minister launches Cityscape exhibition Wednesday
The Cityscape exhibition this year will be one of the most successful rounds ever in terms of exhibitors sales, says Molman
Ministry of Housing, armed forces to take back land in Delta region: Minister of Housing
Citizens have illegally seized 70,000 acres from the government, Ministry says
Mubarak-era minister cleared of squandering public money
The prosecution had accused Maghrabi of profiteering during his time in office
Former housing minister acquitted
Ibrahim Soliman acquitted after 24 months on remand, to be retried on 19 May
Egypt ex-housing minister gets 8 years jail for graft
By Reuters CAIRO: A Cairo court sentenced former Housing Minister Ibrahim Soliman to eight years in jail on Thursday and fined him LE 2.18 billion ($360.9 million) for squandering public funds in two separate real estate deals. The court also sentenced Magdi Rasekh, father-in-law of ousted President Hosni Mubarak’s eldest son Alaa, in absentia to …
Ex-housing minister referred to criminal court again
By Mai Shams El-Din CAIRO: The Prosecutor General referred Thursday former housing minister Ibrahim Suleiman and two associates to criminal court for profiteering, the prosecution said in a statement. The public funds prosecution found that Suleiman used his post as housing minister for illegal profiteering when he assigned three pieces of land in New Cairo worth …
Former housing minister El-Maghrabi jailed for graft
CAIRO: A former housing minister who served under ousted President Hosni Mubarak was sentenced to five years’ imprisonment and fined over an illegal land deal on Thursday, a judicial source said. Ahmed El-Maghrabi was one of the first of Mubarak’s ministers to be questioned in a wide-ranging graft investigation demanded by protesters who accused the …