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What matters across Egypt and Hurghada: recent stories first and earlier coverage in the archive.
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Recent stories from connected and reviewed sources.
Dr. Mohamed El-Sayed, Deputy Head of the Real Estate Tax Authority, said that the authority is following up on citizens’ complaints regarding difficulties accessing the online application.
Rep. Hossam Hassan, a member of the House of Representatives and spokesperson for the Justice Party, reviewed the bills the party is preparing to introduce during the upcoming legislative session. During a phone interview on “Al-Shams” TV on Sunday evening, he said that these bills include: a bill on the national framework for carbon governance and the management of the carbon economy, and a bill regulating real estate development and protecting buyers.
Tarek Shukri, head of the Real Estate Development Chamber at the Federation of Egyptian Industries, called for the establishment of a special federation for real estate developers
Egyptian Prime Minister Mostafa Madbouly reviewed a proposed draft law to regulate the real estate market with industry developers, aiming to establish a professional developers’ federation and introduce unified classification criteria to protect buyers and resolve stalled projects. The legislative push follows a directive from President Abdel Fattah Al-Sisi to formulate a legal framework that [...] The post…
TMG CEO says major developers maintain strong collection rates, while secondary-market slowdown reflects tighter liquidity and monetary policy Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group Holding (TMG Holding), said Egypt’s real estate market is operating at normal levels, arguing that the exceptional activity witnessed in 2023 and 2024 was largely driven [...] The post Hisham Talaat…
Egypt is taking a stronger stand to protect trees and green spaces, after Housing Minister Randa El-Menshawy ordered authorities to stop tree-cutting completely and protect existing trees, parks, and green areas across new urban communities on 9 September. The decision also means that green spaces along neighbourhoods and major roads cannot be damaged, reduced, or used for other purposes. Authorities have been…
Stories: 17
Earlier coverage in a compact, duplicate-free view.
Housing Minister Randa Al-Manshawi confirmed that a draft law has been prepared to establish a real estate developers’ association, with the aim of regulating real estate development, supporting reputable companies, and protecting citizens’ rights.
Egypt’s Ministry of Housing, Utilities and Urban Communities will open applications for 25,000 new housing units under rental and rent-to-own schemes starting 20 September, as part of efforts to diversify housing solutions and expand access to affordable accommodation. Housing Minister Randa El Menshawy said the offering is being launched in line with President Abdel Fattah [...] The post Egypt opens applications…
The government is reviewing details of an offering of 15,000 housing units available for rent for a period of 3 years, with sizes up to 90 square meters, and the option to purchase under certain conditions. Click here for details.
Engineer Tarek Shukri, president of the Real Estate Development Chamber, outlined key mechanisms for regulating the real estate market, emphasizing that the Developers’ Union will have strict enforcement powers to protect buyers.
Sunday saw a review of the installment plan for electricity rate increases, a supply plan to make 12 essential goods available, legal warnings for real estate buyers, and a weather advisory regarding maritime navigation.
Aqar Exit has launched operations in Egypt’s real estate market, aiming to help customers facing difficulties meeting property-related financial obligations exit their units and recover amounts already paid. The platform connects distressed customers with new buyers at existing contract prices, offering sellers an exit option while providing buyers access to properties under the same contractual [...] The post Aqar…
The governorate reported an inspection of a 720-unit housing project as part of follow-up on local development work.
