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Gov’t eases payment terms for North Coast and Cairo-Alexandria Desert Road land fees
Under the latest facilities, developers will be able to settle their down payment over a one-year period
Gov’t freezes North Coast land allocation as it works on updating pricing policies
The repricing drive is expected to reset land values for future projects in the area
Gov’t hikes industrial land prices up to 250%, stirring backlash from manufacturers
Increases range from 10% to 250% depending on location
Real estate players appeal against new fees on North Coast projects
Thirty-three companies are required to pay the new fees on a total of 50 land plots
Foreign North Coast developers hit with USD fees
A new NUCA rulebook sets a USD 20/sqm levy on foreign players
Breadfast closes USD 10 mn round
PLUS- Elsewedy Industrial Development will develop an integrated, sustainable industrial and logistics zone in Safaga
Another hit to the real estate sector: New fees extended to developments along the Dabaa Axis
Land alongside the Dabaa Axis is now subject to the same levies imposed on projects along the Cairo-Alex Desert Road
Egyptian Businessmen’s Association push back against “worrying” real estate regulatory changes in letter to PM
The surprise fees have led to “a state of concussion and anxiety among investors and developers,” argues the Egyptian Businessmen's…
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