{"id":621470,"date":"2018-11-08T04:04:50","date_gmt":"2018-11-08T04:04:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/housing-ministry-in-talks-to-push-forward-real-estate-investment-law\/"},"modified":"2018-11-08T04:04:50","modified_gmt":"2018-11-08T04:04:50","slug":"housing-ministry-in-talks-to-push-forward-real-estate-investment-law","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/housing-ministry-in-talks-to-push-forward-real-estate-investment-law\/","title":{"rendered":"Housing Ministry in talks to push forward Real Estate Investment Law"},"content":{"rendered":"<p>The Housing Ministry is currently in talks with real estate representatives about a proposed law to regulate investments in the sector, <a href=\"https:\/\/alborsaanews.com\/2018\/11\/07\/1149114\">ministry sources said<\/a>. The ministry is working to expedite the issuance of the law, which is meant to resolve issues the New Urban Communities Authority (NUCA) faces in its dealings with developers, including an inability to evaluate competing companies before receiving tender bids, the sources said. The bill is expected to be completed within six months, said Deputy Housing Minister Khaled Abbas. It was first <a href=\"https:\/\/enterprise.press\/stories\/2015\/04\/21\/no-daylight-savings-time-vat-will-be-a-flat-15-hohos-in-dubai-sno-balls-in-cairo-efg-hermes-to-hike-capital-cib-to-submit-bid-for-citi-retail-portfolio-reuters-poll-says-cbe-will-keep-rates-on-h\/\">proposed in 2015<\/a> but has yet to see the light of day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Housing Ministry is currently in talks with real estate representatives about a proposed law to regulate investments in the sector, ministry sources said. The ministry is working to expedite the issuance of the law, which is meant to resolve issues the New Urban Communities Authority (NUCA) faces in its dealings with developers, including an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9344],"tags":[72,1719,2375,879],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621470","post","type-post","status-publish","format-standard","hentry","category-legislation-policy","tag-enterpriseam","tag-housing-ministry","tag-legislation-policy","tag-new-urban-communities-authority","wpautop","entry"],"acf":{"mongo_id":"5fbd33b8-b08c-4284-b9c8-92a25b30b447","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Housing Ministry in talks to push forward Real Estate Investment Law","related_issue":[621440],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.e93c420a-4b75-450f-99d9-830688fcc071.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Housing Ministry in talks to push forward Real Estate Investment Law - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/housing-ministry-in-talks-to-push-forward-real-estate-investment-law\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing Ministry in talks to push forward Real Estate Investment Law\" \/>\n<meta property=\"og:description\" content=\"The Housing Ministry is currently in talks with real estate representatives about a proposed law to regulate investments in the sector, ministry sources said. The ministry is working to expedite the issuance of the law, which is meant to resolve issues the New Urban Communities Authority (NUCA) faces in its dealings with developers, including an [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/housing-ministry-in-talks-to-push-forward-real-estate-investment-law\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-08T04:04:50+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/housing-ministry-in-talks-to-push-forward-real-estate-investment-law\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/housing-ministry-in-talks-to-push-forward-real-estate-investment-law\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Housing Ministry in talks to push forward Real Estate Investment Law\",\"datePublished\":\"2018-11-08T04:04:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/housing-ministry-in-talks-to-push-forward-real-estate-investment-law\/\"},\"wordCount\":108,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Housing Ministry\",\"Legislation + Policy\",\"New Urban Communities Authority\"],\"articleSection\":[\"Legislation + Policy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/housing-ministry-in-talks-to-push-forward-real-estate-investment-law\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/08\/housing-ministry-in-talks-to-push-forward-real-estate-investment-law\/\",\"name\":\"Housing Ministry in talks to push forward Real Estate Investment Law - 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