ACUD, Petroleum Ministry Ink Deal for First Cooling District in NAC

Egypt's property developer Administrative Capital for Urban Development (ACUD) has inked a deal with the Egypt's Petroleum Ministry to establish the first cooling district in the New Administrative Capital (NAC), ...

Novus Stanza No Longer to Develop Project in New Capital

Egypt’s Administrative Capital for Urban Development (ACUD) announces that Novus Stanza Properties has reportedly withdrawn its offer to develop and establish a residential project in the New Administrative Capita ...

El Mostakbal City Sees EGP 5 bn Investments in Facilities, Infrastructure

El Mostakbal For Urban Development has held a community consultation session to present the construction plan of their El Mostakbal City

Administrative Capital Units to Go on Sale in Q1 2017

Administrative Capital for Urban Development is currently pricing the units in preparation to market them for sale in the first quarter of 2017, sources at the Ministry of Housing, Utilities, and Urban Communities sa ...

New Administrative Capital Company to Float Shares in IPO -Chairman

Up to one third of the shares of the Administrative Capital for Urban Development, the company responsible for building the new administrative capital in East Cairo, will be floated in an upcoming IPO at a date yet t ...

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