housing

Hong Kong breaks record for least affordable housing: survey
Life & Style

Hong Kong breaks record for least affordable housing: survey

Hong Kong has the least affordable housing of 87 major global cities, with prices a record 19 times average pre-tax…
Egypt’s real estate rents and sales up from 2014 despite weakening pound
Business

Egypt’s real estate rents and sales up from 2014 despite weakening pound

Rentals and sale prices in Egypt’s real estate market are up despite the declining value of the Egyptian currency against…
Dubai housing squeeze pushes middle-income expats out to the suburbs
Life & Style

Dubai housing squeeze pushes middle-income expats out to the suburbs

While Dubai continues to pump out sumptuous new apartment blocks, for a rising number of expatriates the city no longer…
Million-condo project still being negotiated, UAE developer reiterates
Business

Million-condo project still being negotiated, UAE developer reiterates

Emirati real estate giant Arabtec has said that negotiations are still ongoing with the Egyptian government for a one-million-home project,…
Negotiations continue for stumbling, UAE-financed housing megaproject
Egypt

Negotiations continue for stumbling, UAE-financed housing megaproject

UAE housing contractor Arabtec has said that negotiations are still underway with the Egyptian government to resolve differences over a…
Minister: Poor build homes without any help from state
Egypt

Minister: Poor build homes without any help from state

Minister of Urban Development Laila Iskandar said that the poor build their homes without any state support, adding that 50 percent…
Expert: Egyptian government benefits from biting housing crisis
Business

Expert: Egyptian government benefits from biting housing crisis

The Egyptian government, being the country’s largest landowner, is benefitting from the housing crisis, characterized by housing prices going beyond…
Expert to lecture on housing crisis
Egypt

Expert to lecture on housing crisis

The Netherlands-Flemish Institute in Cairo is organizing a lecture May 21 on Egypt’s housing crisis in light of the excess…
World Bank approves $500 mn loan for 1 million housing units
Economy

World Bank approves $500 mn loan for 1 million housing units

According to a statement issued by Housing Minister Mostafa Madbouly on Wednesday, the World Bank has approved a US$500 million…
New campaign supports 35-square-meter studios for the youth
Egypt

New campaign supports 35-square-meter studios for the youth

A 24-year-old architect has launched a new campaign, entitled "we want a 35-square-meter apartment" to promote the idea recently proposed…
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