Latest in Tag: New Administrative Capital Highlight
Latest in Tag: New Administrative Capital

Master Group invests EGP 12bn in projects at NAC
Master Group announced that the company plans to direct EGP 12bn in investments in its two projects, The City and The City Valley, in the New Administrative Capital (NAC), according to Muhammad Lasheen, chairperson of the company. The City project is a residential, commercial, administrative and medical project in the NAC, in the R7 H2 …

Castle Development invests EGP 800m in East Side at NACÂ
Project offers medical, office retail spaces spread over 7,600 sqm, will be delivered by 2021

El Attal’s Park Lane project achieves EGP 122m sales in first day of offering
Housing units for medium-income individuals should be offered through partnership between state, private sector

City Edge launches first phase of Al Maqsad in NAC
Project spans over 211 feddan in R3 region at NAC

El Attal Holding launches Park Lane Compoundhood with EGP 4bn investment
Company plans to fund tourism projects worth EGP 8bn in North Coast, Ain Sokhna

Honeywell signs New Administrative Capital security systems agreement
NAC to see creation of modern technology centres; to receive new foreign investments

Alassema Construction targets EGP 6bn sales from its new project in NAC
Company’s first project in NAC is MCC with EGP 750m in target sales

Egypt enters era of skyscrapers
Egypt hosts first Egypt’s Skyscrapers Forum in June

Sports City in New Administrative Capital preparing to host Handball World Cup in 2021: Sobhy
The Minister of Youth and Sports, Ashraf Sobhy, toured and visited on Tuesday the project to establish the Sports City in the New Administrative Capital (NAC) to follow-up on the completion of the project, which will be held on an area of 93 feddan. Sobhy stressed that the work is underway in establishing the Sports …

RFCO launches IL Mondo project at New Administrative Capital with EGP 1.6bn investments
Company managed to sell 45% of project’s units, says chairperson

Sorouh earns ministerial consent for Entrada project in New Administrative Capital
Project will include residential buildings on areas ranging from 120 sqm to 220 sqm at prices starting from EGP 8,800 per sqm, with payment installations over periods of up to 10 years

200 companies acquire lands at New Administrative Capital: Abdeen
ACUD is considering offering land in partnership system with developers

ACUD chooses three winners to design streets, squares in New Administrative Capital
We welcome any innovative ideas, solutions to develop capital: Abdeen

Aqar Misr launches its first project in New Administrative Capital on 20 feddans
Project’s target revenues estimated at EGP 2bn, says general manager

Al Sedek Real Estate studies business launch in New Administrative Capital
Current company’s investments exceed EGP 600m

EGP 140bn in budget for sanitation, water, electricity services in New Administrative Capital
By end of 2020, New Capital will be ready to receive 34 ministries, 50,000 employees, presidency, parliament

Al-Sisi visits Suez Canal tunnels, sites of New Administrative Capital
Announced cost of NAC is $45bn, expected to host 5 million people by 2050

57 embassies request to move to New Administrative Capital
$400 price of sqm for embassies including all infrastructure, utilities

EVER Egypt kicks off in New Administrative Capital
“This is just beginning of manufacturing pure Egyptian cars, Egyptians can do anything when given proper tools,” says Abdel Ghaffar

Impact markets four projects with EGP 2.5bn in targeted sales
New Administrative Capital, New Cairo have promising investment opportunities, says CEO

Six schools received land within R8 area in New Administrative Capital
ACUD in ongoing negotiations with Emaar, Talat Mustafa to obtain 2,000 feddan

EGP 2bn sales of Pukka project in New Administrative Capital
Project being built over four phases with investments of EGP 4bn

No withdrawals from New Administrative Capital project: ACUD spokesperson
No new real estate developers asked to withdraw from the New Administrative Capital project, according to Administrative Capital for Urban Development (ACUD) spokesperson Khaled El Hosseini. El Hosseini told Daily News Egypt that the ACUD did not receive any requests to withdraw from developing the land in the capital except for Novus Stanza Properties. El …

PACT studies developing residential, commercial projects at New Administrative Capital, West Cairo
Company marketed 40% of project, Says PresidentÂ

27 companies receive lands in MU23 at New Administrative Capital
16 banks receives plots of land in business district out of 30 banks

New Administrative Capital, Ain Sokhna highest in demand growth: Propertyfinder
The New Administrative Capital is on the list of the real estate areas in largest demand for the first time, according to Propertyfinder’s report on the first half (H1) of 2018. The report said that the demand for the New Administrative Capital’s projects has registered a strong demand among other real estate projects, which is …

OUD to launch J’noub project in New Administrative Capital with EGP 3.9bn
Company began implementation of Heliopolis Hills project with investments of EGP 350m

CFLD to launch industrial city in second phase of New Administrative Capital
Negotiations currently underway with Chinese company on price per sqm, percentage of profits

Marseilia Group to invest EGP 20bn in five years
Company applies for 100 feddans in New Administrative Capital

Hometown launches first project in New Administrative Capital with EGP 1bn initial investment
Project planned to be completed within three years, Hometown managing director says