Latest in Tag: NAC Highlight
Latest in Tag: NAC
Egypt’s New Administrative Capital (NAC) is an integrated smart city, according to Khaled El-Husseini, spokesperson for the Administrative Capital for Urban Development company (ACUD). El-Husseini also said that it is being set up with an integrated technological infrastructure according to the latest international standards. It also has a large number of integrated health, educational, residential, …
Company also intends to invest in Egypt’s North Coast region
New Capital to be inaugurated by 2021 end
Company contracts with former football player Ahmed Hassan to establish sports rehabilitation centre
Company studies market requirements before starting projects, to provide product that meets customers’ aspirations, says CEO Mohamed Zohdy
Ivory Plaza, which is a commercial, administrative, and medical project situated on 6,200 sqm in the NAC, is expected to see sales worth EGP 600m.
Aim is to reach 80% of waste recycling in Egypt, says Environment Minister
MG Developments is set to launch its Promark project at the New Administrative Capital (NAC), with estimated investments of EGP 1.2bn.
NAC will have strong impact on revival of real estate sector
Project consists of two towers dedicated to commercial, administrative activities in NAC’s Downtown area
Two projects are Lafayette Mall in Downtown area, Zaha Park project in MU23
CI Capital expects project’s housing unit sales would record about EGP 826bn
The Saudi-Egyptian developer, AlTameer Arabian, will launch its third project, Rivan Tower, at the New Administrative Capital (NAC) in March, with EGP 1bn in investments, according to CCO Ahmed Osama.
Total of 18,419 government employees received trained on knowledge, culture, digital skills needed to keep pace with work environment at New Capital
The signing took place as part of Builderia’s progress in the first phase of the PARAGON project, as a manifestation of the commitment to honour
The project includes 174 units of various areas, starting from 24 sqm, and that offices and medical units will be delivered fully finished.
The minister stressed the need to adhere to the schedule set in advance for the completion of work in preparation for the imminent opening of the museum.
Doja is currently developing two commercial projects in the NAC, namely Aurora and the X-Business Complex.
Egypt’s development financing for sustainable transport in 2020 amounted to $1.3bn, says International Cooperation Minister
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.
Mamoun noted that this would work well with the state’s search for global real estate marketing and consultancy companies to develop a marketing and management plan for the NAC city, at both the local and global levels.
NAC is company’s strategic client in Egyptian market, says regional corporate head Michael Lee
The collaboration will accelerate the project’s construction rates and ensure its development to a high standard, according to Sherif Shaalan, Chairperson of Royal One Developments.
The company said it introduces a new investment vision through which it seeks to replace traditional rental contracts with operating lease agreements, in which the lessee can rent the property to other parties.
Project marketed in two phases, with first one introducing 60% of total project units during Cityscape exhibition, says CCO Ahmed Osama
Company establishes new real estate company in UK through Egyptian-UK partnership, says CEO Mohamed Lashin
AWWC retracts interest to develop Diamond City project inside NAC, in partnership with ACUD
The company’s Chairperson Ashraf Badea said that Verona is located on an area of 2,085 sqm. It is a nine-storey mixed-use building, comprised of medical, commercial and administrative units, with areas starting from 26 sqm per unit, and prices ranging between EGP 18,000-EGP 22,000 per square metre.
Amer also inspected the process of installing new production lines for the printing press and its operational experiments. An official CBE source said in statements that the construction work on the new printing press is nearing completion, in preparation for it to start work.
Salib said that the company is developing The City Valley compound, which is worth EGP 4bn in investments, on 63 feddans in the NAC’s R7 district, with the project comprised of 57 villas and 51 buildings.