{"id":635593,"date":"2017-12-07T04:11:33","date_gmt":"2017-12-07T04:11:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/nuca-planning-to-disburse-egp-4-bn-of-compensation-to-contractors-by-years-end\/"},"modified":"2017-12-07T04:11:33","modified_gmt":"2017-12-07T04:11:33","slug":"nuca-planning-to-disburse-egp-4-bn-of-compensation-to-contractors-by-years-end","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/nuca-planning-to-disburse-egp-4-bn-of-compensation-to-contractors-by-years-end\/","title":{"rendered":"NUCA planning to disburse EGP 4 bn of compensation to contractors by year\u2019s end"},"content":{"rendered":"

The New Urban Communities Authority (NUCA) is planning to disburse by the end of the year a total of EGP 2 bn in compensation payments to contractors for losses incurred on state contracts after the EGP float, a Housing Ministry official tells Al Borsa<\/a>. The remaining payments owed to contractors will be determined in accordance with progress contractors have made on their respective projects. NUCA had announced in November<\/a> that it had disbursed EGP 2 bn in compensation payments, which helped the contractors remain on schedule with existing projects. Deliveries on social housing projects had been pushed back<\/a> as some contractors stopped work following delays in disbursing their compensation under the act.<\/p>\n","protected":false},"excerpt":{"rendered":"

The New Urban Communities Authority (NUCA) is planning to disburse by the end of the year a total of EGP 2 bn in compensation payments to contractors for losses incurred on state contracts after the EGP float, a Housing Ministry official tells Al Borsa. The remaining payments owed to contractors will be determined in accordance […]<\/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":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635593","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"c25c39ea-cbfc-48be-b696-6190d53000d1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635559],"teaser":"","voice_url":""},"yoast_head":"\nNUCA planning to disburse EGP 4 bn of compensation to contractors by year\u2019s end - 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\/2017\/12\/07\/nuca-planning-to-disburse-egp-4-bn-of-compensation-to-contractors-by-years-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NUCA planning to disburse EGP 4 bn of compensation to contractors by year\u2019s end\" \/>\n<meta property=\"og:description\" content=\"The New Urban Communities Authority (NUCA) is planning to disburse by the end of the year a total of EGP 2 bn in compensation payments to contractors for losses incurred on state contracts after the EGP float, a Housing Ministry official tells Al Borsa. The remaining payments owed to contractors will be determined in accordance […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/nuca-planning-to-disburse-egp-4-bn-of-compensation-to-contractors-by-years-end\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-07T04:11:33+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/nuca-planning-to-disburse-egp-4-bn-of-compensation-to-contractors-by-years-end\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/nuca-planning-to-disburse-egp-4-bn-of-compensation-to-contractors-by-years-end\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NUCA planning to disburse EGP 4 bn of compensation to contractors by year\u2019s end\",\"datePublished\":\"2017-12-07T04:11:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/nuca-planning-to-disburse-egp-4-bn-of-compensation-to-contractors-by-years-end\/\"},\"wordCount\":124,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/nuca-planning-to-disburse-egp-4-bn-of-compensation-to-contractors-by-years-end\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/nuca-planning-to-disburse-egp-4-bn-of-compensation-to-contractors-by-years-end\/\",\"name\":\"NUCA planning to disburse EGP 4 bn of compensation to contractors by year\u2019s end - 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