Latest in Tag: New Administrative Capital Highlight
Latest in Tag: New Administrative Capital
New Administrative Capital is Egypt’s gate for property export: Developers
Egypt’s real estate developers agreed that Egypt has a great potential to export property through its new and fourth generation cities, namely New Administrative Capital (NAC), New Alamein, and others. In the fifth edition of the Think Commercial roundtable held on Wednesday, Chairperson of The Land Developers Ahmed El Tayebi said that Egypt is an …
Opinion| Egypt’s New Administrative Capital and support for real estate developers
There are developers that are racing against time, and others that do not have a presence in reality. Many are lost, without a clue on how to do anything.
British Ambassador to Egypt visits New Administrative Capital for tour
The British Ambassador to Egypt Sir Geoffrey Adams visited the New Administrative Capital (NAC), on Monday, accompanied by Director of the British Council Elizabeth White and a large embassy delegation.
NBE provides services to clients at New Administrative Capital through mobile unit
Bank is keen to increase financial inclusion among Egypt’s youth, one of country’s most important segments that NBE seeks to include
Akadia Developments to launch Pagoda Complex at New Administrative Capital
Moemen Hassan, the company’s CEO, said that the 10-storey project includes commercial, administrative, and medical activities. The ground, the first, and the second storeys are commercial with an innovative system, whilst the rest of the area is devoted to administrative and medical facilities.
Egypt to begin transferring government bodies to NAC by August: Prime Minister
New Capital to be inaugurated by 2021 end
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