Latest in Tag: New Capital Highlight
Latest in Tag: New Capital
Project aims to create distinguished young professionals capable of keeping pace with global technological development, being driving force for technological innovation in Egypt
Five companies show interest in implementing project, most notably Elsewedy, Schneider
Company eyes EGP 1bn in sales, with project to be delivered 6 months ahead of schedule, says COO Ashraf Diaa
The 25-storey project is located on the Central Business District, and will cover a total area of 10,531sqm.
The exhibition is taking place in its new administrative headquarter in the Fifth Settlement area of New Cairo, and includes various implemented projects in the NAC.
New Administrative Capital, other state projects contributed to reducing Egypt’s unemployment rate from 13.15% in 2013 to 10.13% in 2020
Company received land plot in NAC in May 2021, and conducted surveying works this month
Entertainment commercial mall located on total area of 5,400 sqm
Project’s design based on German style, and is managed by a German company specialised in hotel management, said Ahmed Diab
The agreement was the first of its kind in the administrative and commercial projects in the NAC. It was signed by Sheikh Abdullah Al-Sabaan, Vice Chairperson of the Saudi Muwaffaq Group, and owner of Radix Development, and Sheikh Nayef Al-Samaih, CEO of Health Concept.
55% of Scenario project’s construction completed, 1st phase to be delivered by 2021 end
Speaking to Daily News Egypt, El-Husseini said that the implementation rate of the central telephone exchanges 1 and 2 has reached 87%. Meanwhile, the implementation rate at the NAC’s central cooling station, which will serve the project’s government, and financial and business districts, has reached 99%.
The Egyptian Government has started registering the data of administrative staff in preparation for their transfer to the New Administrative Capital (NAC). Nader Saad, spokesperson for the Presidency of Egypt’s Council of Ministers, announced that the website, established by the Central Agency for Organization and Administration (CAOA) to record the data, has commenced the registration. …
Zarif said that the Vigor project is a commercial and medical administrative building situated on 4,700 sqm. It comprises 11 floors; each is 1,138 sqm. The project will offer units with various sizes.
The work includes the excavation and plain cement concrete phase, and is currently building the foundations.
Mohsen added that the project was built on an area of 8,000 sqm in the MU23 area of the NAC. It is located at the intersection of the Al Amal Axis and the Bin Zayed Axis, and overlooks the Green River.
Project scheduled for inauguration in October
Company’s new projects will receive initial investments estimated at EGP 1.55bn
EGP 3bn of new investments on its way to Egypt’s real estate market in next phase, Gulf investors involved in developing new projects
The company’s Chairperson, Abdel Rahman Abo Zaid, said that the project is located on 6,000 sqm with 20,000-sqm in sales area.
Avalon New Cairo project is scheduled for delivery in June 2023
Contract signed with Orascom Group subsidiary, CFM, to provide facility management solutions for first Festival Tower
About 16% of the construction work at SCENE7 project already completed, said Akam Developments’ Hisham Kandil
Company aims to achieve sales of EGP 1.5bn at project in 2021
The discounts and offers apply on all units developed by the company, including apartments, villas, administrative, and commercial units, with various sizes and prices available that suit all customers.
The company will undertake this increase through developing a group of projects in the city, and increasing its plot portfolio.
Project is constructed on total area of 2,319 sqm
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).
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