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PM Reviews Housing Projects and Launches New Phase of Expats Initiative

Cairo: Prime Minister Mostafa Madbouly on Tuesday, August 26, 2025, reviewed the progress of current projects carried out by the Ministry of Housing, Utilities and Urban Communities. The meeting was attended by the housing minister, Sherif El Sherbini, and senior officials of the New Urban Communities Authority (NUCA).

According to State Information Service Egypt, Sherif El Sherbini announced the preparations for the first offering of the second phase of the 'Your Home in Egypt' initiative. This initiative, in collaboration with the Ministry of Foreign Affairs, Emigration and Expatriates, is dedicated to Egyptians living abroad. The offering will feature 1,380 housing units available for registration from August 30 to September 4, with unit selection open from September 20 to 25.

El Sherbini highlighted that the second phase will offer approximately 3,000 residential, commercial, and administrative units across three offerings. These include middle- and high-income housing projects such as 'Diarna,' 'Sakan Misr,' 'Dar Misr,' 'Ganna,' and 'Valley Towers' in various new cities including New Cairo, New Alamein, New Mansoura, New Minya, New Damietta, and October Gardens.

The initiative offers flexible payment terms of up to 10 years and discounts up to 7 percent, addressing requests from expatriates during the sixth Conference of Egyptians Abroad. El Sherbini emphasized that the program aligns with President Abdel Fattah El Sisi's directives to enhance services for Egyptians abroad, strengthen their connection to their homeland, and support their contribution to national development.

The minister also provided an update on the 'Housing for All Egyptians' initiative, which he described as the world's largest housing program for low-income citizens, encompassing all governorates and new cities. The deadline for applications under the 'Housing for All Egyptians 7' offering has been extended to September 14 to accommodate more applicants.

Regarding land offerings, El Sherbini stated that NUCA is increasing the availability of residential plots of various categories to meet the rising demand, stimulate development in new cities, and enable citizens across different income brackets to build their own homes in compliance with regulations.