Egypt’s housing ministry will build $29 billion projects

Egypt’s housing ministry said that the Egyptian New Urban Communities Authority has agreed to implement various development and services projects over 113 land plots spanning around 2,530 feddans in 24 new cities. Assem El-Gazzar saidi in statement, “The projects will be established with about EGP 500 billion in investments and are expected to offer 450 […]

Egypt will deliver 2,048 units to next June

According to Egypt minister of housing, the New Urban Communities Authority (NUCA) will start handing over the first phase of R3 complex at the New Administrative Capital in June. Khaled Abbas, Egyptian assistant minister of housing, said that the units will be fully completed by the end of this year. In addittion, he added that […]

NUCA develops 375 projest in four years

The New Urban Communities Authority (NUCA) has managed to develop 375 real estate projects in different cities with investments estimated at EGP 5tn. Waleed Abbas, the assistant housing minister of the NUCA, said that the ministry has issued 115 ministerial approvals on new real estate project, distributed over 15 cities during the past year, including […]