Latest in Tag: New Administrative Capital Highlight

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Latest in Tag: New Administrative Capital

New Administrative Capital:  Dream come true

Since the Egyptian government announced, at the Egypt Economic Development Conference (EEDC) in Sharm El-Sheikh on 13 March 2015, its intention to launch a new capital city (New Administrative Capital), a public outcry has accused the government of launching a media crackdown and building imaginary success based on a far-fetched idea of expanding into the …

Shaimaa Al-Aees

MCR applies to purchase 110 feddans in New Administrative Capital

Modern Company for Construction and Real Estate (MCR) is seeking an area of ​​110 feddans in the New Administrative Capital and applied for acquiring lands, according to Mohamed Abdel Mohsen, chairperson of MCR. Abdel Mohsen told Daily News Egypt that MCR plans to pump EGP 1bn in the construction of its projects during the coming …

Shaimaa Al-Aees

NUCA agrees with Canadian Bombardier to implement monorail line in New Administrative Capital

The New Urban Communities Authority (NUCA) signed a memorandum of understanding with Canadian Bombardier to conduct feasibility studies on a monorail line connecting Nasr City to the New Administrative Capital. Mazen Hassan, the vice chairperson of NUCA for the Commercial, Administrative, and Financial Affairs, said that the Canadian company will conduct feasibility studies, which include …

Daily News Egypt

ITIDA discusses with Saudi businesspeople investment opportunities in New Administrative Capital

Asmaa Hosni, CEO of the Information Technology Industry Development Agency (ITIDA), has received a delegation of leading Saudi investors to discuss investment opportunities in the City of Knowledge in the New Administrative Capital. The meeting reviewed the competitive advantages and investment opportunities in new Egyptian technological parks, especially the City of Knowledge, which will be …

Daily News Egypt