Latest in Tag: Minister of Housing Highlight
Latest in Tag: Minister of Housing
Minister of Housing, SCZone chief discuss plans of development in Gulf of Suez
The minister stressed the necessity of incorporating activities between the economic zone east Gulf of Suez and New Suez city, in order to integrate local communities, and to accommodate their activities in development plans.
Egypt pays EGP 14.468bn to contractors in compensation for reforms’ resulted losses
El-Gazzar said the amount paid represents 83.58% of the total value of compensations, which amounted to EGP 17.311bn during the period from 2 May 2018 to 29 December 2019.
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
Investment, Housing ministries coordinate to present real estate opportunities on Egypt’s investment map
40% of Egypt’s area is eligible for urban development, the challenge is their distance to resources, says El-Gazzar
Housing Minister sponsors 2nd Think Commercial round-table
Round-table to tackle boosting real estate investments in Egypt on 27 August
Inaugurating 30 June Axis within one month: Minister of Housing
The Minister of Housing and Urban Communities, Assem El-Gazzar, announced that the 30 June Axis, which is one of the state’s road network projects, will be inaugurated within a month, explaining that it will connect the governorates of Port Said, Ismailia, and Suez. He added that the axis will be completed to enable reaching the …
Real estate sector to prosper by 2020 following inauguration of 14 new cities
Country suffering from gap between offered, required social housing units due to high population growth
Minister of Housing to present government’s real estate, construction strategy at Builders of Egypt Forum in April
The Minister of Housing, Utilities and Urban Communities, Assem El Gazzar, will participate in the fifth edition of the Builders of Egypt Forum on 21 April, under the title ‘Exporting the Egyptian Contracting and Real Estate: A New Future for Investment’. The minister will present the state’s plan to export real estate property, and promote …
Al-Sisi emphasises necessity to continue establishment of national megaprojects
President met prime minister, reviewed cabinet’s efforts in implementing new urban projects
EGP4.7bn investments’ volume in 10th of Ramadan City in 2018: Madbouly
Industrial drainage station was implemented in city, worth EGP 1.2bn
Housing minister reveals NUCA’s 2018/19 plan to offer residential, service lands
Egypt will offer over 75,000 land plots for residential, service projects, 100,000 housing units
New land offerings to be announced in March: minister
Over next 3 years, New Alamein will be among most important tourist destination, says Madbouly
NUCA, HDBEG join forces to introduce City Edge Developments
Mostafa Madbouly, minister of housing, utilities, and urban development, attended the launch of the newly established City Edge Developments that revealed the company’s unique and distinctive vision in penetrating the real estate market. City Edge Developments, a partnership between the New Urban Communities Authority (NUCA) with 60%, the Housing and Development Bank (HDBEG) with 38%, …
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
Government land pricing policy reasonable for investors: Minister of Housing Mostafa Madbouly
High interest rate environment negatively affected investment in real estate sector
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
High demand on purchasing “Sakan Misr” conditions booklet
7% of the unit price to be deducted if payment done within 2 months
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
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 …
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
Egypt, UAE discuss cooperation in real estate projects
Sheikh Hamed Bin Zayed Al Nahyan assured the UAE’s interest in participating in the Sinai Development Project
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
Ministry of Housing signs agreements to develop 3 informal settlements in Cairo
Development in the districts of Sayeda Zeinab, Mokkatam, and Abdeen will cost EGP 1bn
World Bank to give $1bn out of $6bn to Egypt before year-end
1.5m acres reclamation project on top of government agenda
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