ministry of housing

Experts cautiously optimistic about new Egyptian capital
Business

Experts cautiously optimistic about new Egyptian capital

Experts voiced cautious optimism for Egypt’s plans to erect a US$45 billion new capital between Cairo and the Suez Canal,…
Amendments allow private sector partnerships as Arabtec contract nears signing
Business

Amendments allow private sector partnerships as Arabtec contract nears signing

Egypt's Cabinet approved Wednesday an amendment to the New Urban Communities Authority’s (NUCA) law.
Egypt to begin constructions in housing megaproject soon
Business

Egypt to begin constructions in housing megaproject soon

Egypt will soon begin construction for the first stage of a major housing scheme, targeting one million homes over 160…
Antiquated rental law distorts housing market
Business

Antiquated rental law distorts housing market

In the upscale neighborhood of Abbas al-Akkad in Nasr City, Amr Hegazy owns a five-story building surrounded by prominent restaurants. Passing…
Government allocates LE175 million for development of slums
Business

Government allocates LE175 million for development of slums

Prime Minister Kamal al-Ganzouri allocated a budget of LE175 million for the development of slum areas throughout Egypt. The budget…
Egypt’s military to begin building low-income houses
Egypt

Egypt’s military to begin building low-income houses

The armed forces will begin building 25,000 housing units in different governorates, within the framework of a new housing project…
Egyptian authorities detain former housing minister for questioning
Egypt

Egyptian authorities detain former housing minister for questioning

Egyptian authorities on Wednesday detained former Minister of Housing Mohamed Ibrahim Suleiman, a security source said. Suleiman was summoned for…
Minister: Property investments unscathed by global crisis
Business

Minister: Property investments unscathed by global crisis

In a speech before the Al-Ahram International Conference for Real Estate Investment, Housing Minister Ahmed el-Maghraby on Wednesday said that…
Suleiman pleads innocence in housing investigation
Egypt

Suleiman pleads innocence in housing investigation

During a seven-hour interrogation on Thursday, Mohamed Ibrahim Suleiman, former minister of housing, confessed that while his sons received two…
Former housing minister charged with corruption
Egypt

Former housing minister charged with corruption

The Public Funds Prosecution heard yesterday the testimonies of housing officials and employees in 6th of October and New Cairo…
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