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Misr Italia signs EGP 11 bn agreement to develop 268 feddans with El Mostakbal
El Mostakbal for Urban Development has signed an EGP 11 bn agreement with Misr Italia to develop a 268-feddan mixed-use…
SODIC sets up shop in New Cairo
Our friends at SODIC have established a new sales office on Road 90 in East Cairo, according to a company…
Decision to grant Egyptian residency to foreign homebuyers will not be applied retroactively
The Housing Ministry’s recent decision to grant residency to non-Egyptian homebuyers will not be applied retroactively, deputy minister Khaled Abbas…
Porto Group signs agreement to co-develop Porto City with El Mostakbal
Porto Group has signed an agreement with El Mostakbal for Urban Development to co-develop a mixed-use project, Porto City, in…
NUCA looks to borrow EGP 10 bn for new city construction and infrastructure
The New Urban Communities Authority is looking to borrow EGP 10 bn to finance construction and infrastructure works in the…
Madbouly meets with Chinese companies in Shanghai, attends China’s CIIE
Madbouly meets in Shanghai with companies taking part in national infrastructure projects: Prime Minister Moustafa Madbouly held talks yesterday with…
Egypt wants everything top notch in new capital city
** #6 We aren’t the only developing country that’s building itself a new city: Overpopulation and poor infrastructure mean it’s…
NUCA rescinds decision to seize land from 21 “distressed” factories
The New Urban Communities Authority (NUCA) has rescinded a decision to seize land from 21 investors from the New Cairo…
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