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Porto Heliopolis construction suspended on traffic concerns
Amer Group Holding has suspended construction of its Porto Heliopolis project following an order from a "competent authority" to put…
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CBE extends EGP 235 mn in mortgage financing
The Central Bank of Egypt (CBE) has extended an additional EGP 235 mn to mortgage companies to provide subsidized loans…
House committee to require home developers to carry insurance
LEGISLATION WATCH- Unified Building Code to impose new insurance requirements on developers: The House of Representatives’ Housing Committee has approved…
NUCA to begin Warraq Island development in 1H 2020
The New Urban Communities Authority (NUCA) will begin the first phase of the Warraq Island development in 1H 2020, Al…
NUCA offers land plots worth EGP 35.5 bn to investors
The New Urban Communities Authority (NUCA) has tendered 26 mixed-use land plots worth EGP 35.5 bn in Sixth of October,…
Housing Ministry could allow private sector to join social housing projects
The Housing Ministry will finish at the end of October discussions on allowing the private sector to participate in the…
Mountain View signs contracts worth EGP 1.7 bn for iCity in 2019
Mountain View has signed contracts with four construction companies worth EGP 1.7 bn so far this year for its iCity…
Palm Hills inks agreement with JBI to manage Sixth of October project
Real estate developer Palm Hills has signed an agreement with Julius Burger International (JBI) to manage phase 1A of its…
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