Latest in Tag: NAC Highlight
Latest in Tag: NAC

NAC real estate developers promise punctual project delivery
Construction work has not stopped despite Covid-19 outbreak with projects remaining on schedule, say developers

Arkan Consultants designs New Plan Developments’ NAC projects
The first project is Serrano compound, located in the R7 district, on an area of 15 feddan. It comprises 622 semi-finished units.

Chinese projects’ workers at NAC clear from COVID-19: Ambassador
Social media reports on hantavirus groundless and irresponsible, ambassador Liao Li Qiang said

10% average increase in New Capital’s land prices
Maghawry elaborated that international offices depend in their business on general planning, not only internal services, so services and utilities will be the responsibility of ACUD as a whole entity.

VOW Developments targets EGP 500m in sales
Company intends to direct EGP 200m in construction works in the current year, says CEO

Al-Ahram first ‘Capital of Hope’ exhibition opens in NAC on 20 February
There are many people and companies that have been waiting for this first exhibition, and real estate experts have confirmed that a large segment of those are ones looking to buy distinct property in the NAC.

Egypt Gas prepares to join Omani market, boost business in UAE, Kuwait
Egypt Gas aims to expand the construction of natural gas stations for Car Gas, Gas Tec

Dolman to launch its second commercial project in NAC in 2020
Company expects to sell 70% of its second mall by year-end, says chairperson

EGP 350m price tag for Park Lane’s first phase construction in NAC
El Attal expected to achieve a large rate of sales for the Park Lane project, especially with the government administrative district being so close to them, which will garner great demand for investments.

ECB takes over management, supervision of EGP 16bn projects in NAC
The ECB founder Mohamed Abdel Ghany said the NAC accounted for a large share of the company’s projects, namely IL Bosco and Vinci by Misr Italia Properties, and Capital 1 and Capital 2 developed by Safwa for Urban Development.

Government discusses offering Sports City membership at lower prices to NAC’s R3 residents
Waleed Abbas, assistant housing minister for community affairs of NUCA, said on Monday that Sports City is located north R3 in the NAC, on 92 feddan, and includes a football stadium complex, an indoor hall, swimming pools, squash complex, and a tennis court complex.

Egyptian expats to establish medical city at NAC: emigration minister
GAFI to establish a special unit for Egyptian expats

DSOA explores investment opportunities in Egypt’s smart cities, mainly NAC
Dubai Digital Park was established with $408m investments

EGP 300bn in proceeds from selling 17,500 feddan in NAC’s first phase
On the sidelines of the signing agreement’s press conference with Orange Egypt, which finalised the establishment and operation of the Administrative Capital data centre on Monday, Abdel Latif noted that the company is still receiving requests from foreign and local companies to obtain the rest of the lands in the first phase of the project, which amounts to 6,500 feddan, and the company is studying serious offers from them.

Cornerstone to deliver The Curve project in NAC mid-2023
Boulos pointed out that the built-in area percentage in the project is 18%, less than the allowed 22.5%. The project also includes services such as a mall, an administrative building, and large green space and landscapes.

VOW Developments launches EGP 1.1bn administrative project in NAC
Project includes 24,000 sqm-areas for sale and construction will start in mid-2020

ECG to complete its supervision of implementation CBE’s headquarters in NAC in 2021
The ECG said that the CBE headquarters in the NAC will be built on an area of 130,000 sqm.

ACUD to complete lands sales in NAC’s first phase by July 2020
Shoura council building is being designed to be ready after elections, says ACUD chairperson

AOI-Madkour consortium wins solar stations tender for NAC’s military complex
Project to be running before 30 June 2020

Infrastructure development of NAC’s Green River to cost EGP 7bn
Abbas added that the contracted company has been working in the Green River area for the past six months.

Act completes providing technological solutions for the first phase of the University of Knowledge in the NAC
According to a press release issued by the company, the Knowledge Hub project is the first educational project implemented by ACT in the New Administrative Capital (NAC) for the benefit of international knowledge universities, affiliated with El-Sewedy Foundation for Educational Services

Karma launches INIZIO mall in NAC with EGP 500m investment
Company to build another project in the NAC in 2020, says chairperson

Golden House launches 3rd phase of Roses project in NAC
The project is located in R8 neighbourhood in the NAC, near to the service area in the new capital. Its built-up area is 20% and the rest is allocated for green spaces and artificial lakes.

MBG aims to establish 100-feddan villa project in NAC
Company plans to deliver Pukka project in New Capital in 2022 and 2023, says chairperson

Al-Sisi calls for providing best services in the NAC
President follows up with projects by the Armed Forces Engineering Authority

ACUD to receive bids for rooftop photovoltaic power stations in NAC on Tuesday
Orascom, Lightsource BP, Infinity Solar, El Sewedy Electric are among top bidders, says source

Minister of Communications inspects Knowledge City’s construction progress in NAC
The city is currently being built on an area of 211 feddans to be the headquarters of research and innovation centres specialised in advanced technologies such as artificial intelligence, the internet of things, integrated systems, and others.

ACUD signs MoU with Germany’s Dorsch to manage, operate water, sewage utilities in NAC project
The MoU expected to turn into contract within six months, says Deutche Wasser International’s managing director

12 companies qualify to implement solar power plants in NAC
The list includes Orascom, El Sewedy, Infinity, Ibn Omairah, and Light Source, companies to submit bids on 16 October

CCFE accompanies French-Egyptian business delegation to NAC
Over the visit, the NAC representative gave a comprehensive explanation about NAC investment opportunities to the delegation.