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[BUSINESS] · Egypt · 7 sources

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Egypt Ministry of Housing announces new real estate initiatives

The Egyptian Ministry of Housing, Utilities, and Urban Communities has announced several new real estate opportunities. For Egyptians living abroad, registration for the third phase of the ‘Your Home in Egypt’ initiative will open on November 10, 2026. This phase includes approximately 4,000 diverse residential units across premium locations such as New Alamein, New Cairo, New Administrative Capital, and Sheikh Zayed. To facilitate the process, participants can perform dollar transfers in advance, with a minimum of $5,000 per transfer, to be credited to their electronic accounts before the official booking period begins.

Additionally, the Ministry is launching new land plots for domestic citizens and investment opportunities for foreign companies. For foreign investors, a new ‘allocation by booking priority’ mechanism has been introduced via the Foreign Investment Portal. This allows qualified companies to reserve investment lands by committing to full payment in US dollars.

For low-income citizens, the Ministry is preparing to launch the ‘Housing for All Egyptians 10’ phase, which aims to provide 20,000 social housing units across eight new cities, including October Gardens and New Mansoura. These units are expected to be delivered fully finished within three to four years, offering mortgage financing options with a decreasing interest rate of 8% over up to 20 years.

Entities

Egypt · Ministry of Housing, Utilities, and Urban Communities · New Urban Communities Authority · Randa El-Minshawi · Social Housing and Mortgage Finance Fund · Walid Abbas