Latest in Tag: ACUD Highlight
Latest in Tag: ACUD

ACUD keen to partner with developers on fixed partnership rate
Company denies withdrawing plots of land from any developer

Approaching government transfer to New Capital spikes property prices by 20%
NAC will have strong impact on revival of real estate sector

ACUD receives French delegation to discuss NAC investment opportunities
The meeting took place with the aim of acquainting the French delegation with the New Administrative Capital (NAC), and discussing investment opportunities in the national project.

ACUD offers new facilities to attract developers to NAC
AWWC retracts interest to develop Diamond City project inside NAC, in partnership with ACUD

ACUD to begin infrastructure work at New Capital’s phase 2 in September
NAC’s first phase sees great demand from both local, international investors

ACUD cuts land down-payments to 10% to boost NAC businesses
Company has received 25 requests to obtain land in NAC, which are currently being considered, says ACUD official

ACUD, Alliance Worldwide Consortium partner in 600-feddan development project
Project will see ACUD take 55% stake, against 45% for AWWC, says Abdeen

ACUD to support developers in New Capital with flexible payment systems
New Capital maintains its investment attractiveness, says ACUD official

ACUD to offer remaining available lands in New Capital’s first phase by year-end
Company to participate in Dubai Expo to attract international investors to New Capital

ACUD selects Orange to create $135m data centre, cloud-based platforms in New Capital
“We chose Orange to operate the NAC’s data centre due to its global expertise in the field: ACUD managing director

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

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

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

ACUD negotiates with Emirati investor to develop EGP 18bn project in New Capital
Ten companies paid only 2% of land cost

ACUD allocates lands to 12 companies in R8 in New Administrative Capital
Company launches competition to choose name, logo for NAC

ACUD completes 60% of New Capital’s infrastructure
Company has to complete 25% of its project within a year since obtaining ministerial approvals, says ACUD Chairperson

ACUD profits y-o-y EGP 2bn: Abdeen
ACUD denies negotiations with banks to obtain loan worth EGP 2bn, says Chairperson

ACUD receives Tanzanian Prime Minister
The visit also included reviewing the experience of establishing the Capital and the huge investment opportunities in the city.

Number of 37 companies receive ministerial approval for new projects in NAC
Sixteen companies appliy for ministerial approval in H1 2019, says spokesperson

ACUD, Petroleum Ministry ink deal to provide government district with natural gas
Deal worth EGP 31.5m, says ACUD’s spokesperson

ACUD plans to apply comprehensive electricity metering system
The Administrative Capital for Urban Development (ACUD) held a meeting with a number of smart electricity meter manufacturers and suppliers to discuss applying a comprehensive electricity metering system in the New Administrative Capital. Sources told Daily News Egypt that ACUD aims to launch a comprehensive installing system of electricity metres according to the highest international …

US-Saudi-UAE consortium negotiates with ACUD to develop 500 feddan entertainment area in NAC
Company launches lands in partnership system with 100-feddan size, says spokesperson

ACUD delegation to visit France, Austria to introduce NAC project
Delegation will highlight new efforts exerted by Egyptian state to establish urban communities worthy of Egyptian citizen under current political leadership, which seeks best for all Egyptians

ACUD offers tender for management of solid waste in New Capital
Company liaised with ministry of petroleum to set up first district cooling system in NAC

ACUD inks agreement with MasterCard to provide NAC with e-payments
Partnership includes identifying means of managing smart card service, follow-up implementation

ACUD confirms continuity of negotiations with Emaar to acquire 1,500 feddan
Development in 1st phase of Capital being swiftly finalised compared to available time

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

ACUD in talks with Korean companies on developing Administrative Capital’s CBD
Company confirms suspending negotiations with CFLD, but Chinese embassy says negotiations are progressing smoothly

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

ACUD launches competition for engineering consulting offices to design government, financial districts
The Administrative Capital Company for Urban Development (ACUD) has announced on Thursday the launch of a competition for engineering consulting offices to participate in the development of proposals and new ideas for the designs of squares and streets in the government and financial districts of the New Administrative Capital. ACUD aims to create a distinctive …