Latest in Tag: New Administrative Capital Highlight
Latest in Tag: New Administrative Capital
MG Developments launches Promark project at New Capital with EGP 1.2bn investments
MG Developments is set to launch its Promark project at the New Administrative Capital (NAC), with estimated investments of EGP 1.2bn.
Real estate developer Babylon signs strategic contracts for 2 New Capital projects
The real estate developer, Babylon Urban Development, has signed strategic partnership contracts worth EGP 1bn with a number of companies to construct, design and manage its two office projects in the New Administrative Capital (NAC).
Approaching government transfer to New Capital spikes property prices by 20%
NAC will have strong impact on revival of real estate sector
ERD Developments launches EGP 4bn worth Diamond Towers in New Capital
Project consists of two towers dedicated to commercial, administrative activities in NAC’s Downtown area
Hometown, Hassan Allam contract to manage 2 property projects in New Capital
Two projects are Lafayette Mall in Downtown area, Zaha Park project in MU23
TMG pays EGP 44bn for Capital Gardens City’s land value in 2021: CI Capital
CI Capital expects project’s housing unit sales would record about EGP 826bn
AlTameer Arabian to debut EGP 1bn Rivan Tower project at NAC
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.
Egypt finalises building digital capability programmes for public workers moving to NAC
Total of 18,419 government employees received trained on knowledge, culture, digital skills needed to keep pace with work environment at New Capital
Builderia Development signs 3 contracts for construction of flagship PARAGON project at NAC
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
Contact Developments introduces New Capital’s Mercury Mall worth EGP 700m
Contact Developments has announced the launch of Mercury Mall, its first project in the New Administrative Capital (NAC). Mercury is a commercial, administrative, and medical mall. Contact Developments Chairperson Ahmed Fekry said that the Mercury project joined the company’s series of developments in new cities. During a press conference on Saturday, Fekry added that the …
Doja debuts 3rd project at NAC
Doja is currently developing two commercial projects in the NAC, namely Aurora and the X-Business Complex.
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
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
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
Oracle makes lucrative offer to provide services to new administrative capital’s data centre
Waleed Abdul Hamid, Oracle’s Sales Vice President of Application Solutions in CATLEENA, said the data centre aims to host an unlimited number of clients from government agencies and ministries in the capital for a nominal financial figure.
300 companies invests in New Administrative Capital project: ACUD
Dubai’s real estate sector has achieved AED 80bn in 2018, says DLD assistant director
Q4 expected to boost real estate sales unlike previous three quarters
Real estate exhibitions are a destination dedicated to all those looking for opportunities to move to a new housing or investment opportunity in the constantly rising real estate market.
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
Museum of Egypt’s historical capitals to be established in NAC
The Supreme Council of Antiquities signed an agreement with El Massa for Real Estate Development and Investment over the new museum which will be located in the arts and cultural city of the New Capital.
Relocation of Ptolemaic burial chamber from Sohag to New Administrative Capital faces heavy criticism
The burial chamber belongs to a nobleman called Toutou and his wife who was a musician for goddess Hathor. It was accidentally discovered in April, during a police raid on an illegal excavation site.
ACUD negotiates with Emirati investor to develop EGP 18bn project in New Capital
Ten companies paid only 2% of land cost
Pyramids to start offering units of NAC’s Paris Mall soon: chairperson
Company’s investments in NAC reached approximately EGP 6bn, says El Kholy
35% of Tower Bay’s first phase to be completed year-end
Company develops EGP 700m commercial administrative project in New Cairo
Egypt, Bombardier agree to build two monorails
Bombardier was selected to establish a €3bn monorail project in Egypt in May. Bombardier will deliver the project in partnership with two Egyptian companies Orascom Construction and the Arab Contractors.
Misr Italia to establish Mideast’s first vertical forest in NAC
“We aim at introducing trend-setting concepts that can improve the Egyptian real-estate sector and sustain the country’s plan to achieve environmental sustainability,” Mohamed El-Assal, CEO of Misr Italia Properties, said during a press conference on Wednesday.
Major S. Korean companies, embassy officials visit New Capital
Korean investors keen to participate in Egypt’s megaprojects, says ambassador
Cairo Capital mulls new administrative project in NAC
Company aims to acquire 1000-acre plot of land in Sheikh Zayed Extensions