Latest in Tag: Mostafa Madbouly Highlight
Latest in Tag: Mostafa Madbouly
Badr City development to occur before implementing new Cairo capital
Around 17,000 residential units have been constructed in Badr City in one year
Government builds 200,000 social housing units annually: Executive body head
Cost of social housing units does not exceed EGP 135,000, according to Salah Hassan
EGP 1.2bn loan to develop sewage networks in 32 Giza’s villages: Housing Ministry
Project implementation will start next year and will be completed in 2017, says Madbouly
Infrastructure planning for Cairo Capital to be completed within 4 months: Housing Minister
The minister added that the ministry seeks to finalise the contracts for the six projects announced in the Economic Summit, as well as solve investment problems.
EGP 425m of new budget goes to slums: Housing Minister
It will take the ministry 14 weeks to deliver unites of “1m unit” project to beneficiaries
15% of revenue from Beit Al-Watan goes to low-income projects
Age range of applicants for the social housing project increased to 50 years instead of 45 for owning and renting units
Housing ministry discusses cooperation with Ethiopia in construction
The two ministers discussed the process of Egyptian companies’ participation in constructing the new international airport in Addis Ababa
Housing ministry signs 4 real estate, tourist projects worth $12.7bn
Egyptian Minister of Housing Mostafa Madbouly announced Sunday the signing of memoranda of understanding for four real estate and tourist projects with $12.7bn total, at the Economic Summit. Madbouly said that the ministry signed a memorandum of understanding (MoU) with Egyptian Mountain View and Saudi Sisban Holdings, to launch two real estate projects. The first …
Housing Ministry to complete roads network plan in November: Madbouly
10% of each road will be finished monthly, except new two-way road which will be completed by December, says minister
Saudi to invest EGP 1bn in real estate at Economic Summit: Madbouly
Number of real estate units being built annually estimated at 250,000 units, demand is estimated at 600,000 units
Zayed Crystal Spark is 2nd real estate project to debut at Economic Summit
Zayed Crystal Spark will be built on area of 190 acres in a partnership between real estate developers and NUCA
World Bank wants to loan $1bn to ‘polluted villages project’: Housing minister
Designs of $200m World Bank-funded sanitation projects in Upper Egypt concluded, Madbouly says
4th phase of 1m residential-unit project launched
Accepted applicants to pay EGP 5,000 in advance, EGP 480 in monthly instalments, with 7% annual interest increase over 15 years
Government provides housing ministry with new EGP 1bn
Mehleb discussed with Arab Organisation for Industrialisation developing 4.8 million street lighting units
Families’ maximum income rose to EGP 3,000 per month in Mortgage Finance Law
Amendments will benefit applicants for 1m residential-unit project, housing minister says
30,000 housing units to be built in 8 new cities: Housing ministry
First phase housing of 30,000 units rather than 150,000 will be implemented over four stages of Dar Masr Project’s first stage
Government delivered only 57 units from its 1m residential-unit project: EIPR study
Allocation for the project in FY 2014/15 state budget amounts to EGP 9.5bn in total
EGP 4bn real estate investments in Sheikh Zayed: City chairman
Sheikh Zayed hopes that business, entertainment, and sports services will reach the city soon, as real estate investments currently amount to EGP 4bn
Housing ministry’s services automated after 1 year: Minister
Ministries of Housing and Planning sign two-year agreement to develop citizen and investor services
World Bank to offer Egypt $1.5bn for housing, sanitation projects
Minister of Housing announces the agreement after his return from US visit to meet World Bank officials
Ministries of Housing and Communication cooperate to establish smart villages in new cities
Project will stimulate housing sector, as it will result in rise in prices of surrounding lands, housing minister says
Ministries of Housing and Supply cooperate on development of services in new cities
New cities will be provided with markets, trade complexes, logistics areas and factory outlets, housing ministry says
Arab Contractors to complete 138 projects by June: Housing ministry
Projects involve construction of roads, bridges, housing and water and sanitation stations
Reservations of 50,000 residential units to be accepted by mid-April
Construction of the units, which is part of Egypt’s social housing programme, will be completed within a year, housing minister says
25,000 low-income housing units to hit the market in June: Minister of Housing
The Ministry of Housing hopes to complete more than 150,000 units by year’s end
Egyptian banks to bid 8,000 housing units: Minister of Housing
Mostafa Madbouly coordinates with Egyptian banks to enact the central banks initiative to aid low-middle income individuals.