SECON to Start Implementing New Project in NAC by H2 2019: CEO

Saudi Egyptian Construction Company (SECON) has announced plans to start implementing a new residential project named Bleu Vert in the New Administrative Capital (NAC) during the second half of 2019.

One of World’s Biggest Mosques to be Opened in NAC Early 2019

State-run Administrative Capital for Urban Development (ACUD), the master developer of the New Administrative Capital (NAC), has announced its plans to inaugurate one of the world's biggest mosques in the new city ...

No Disputes With China’s CSCEC Over NAC’s Towers Project: Housing Ministry

The Egyptian Housing Ministry has disclaimed news published on Al Shorouk newspaper concerning some disputes with the ministry and China State Construction Engineering (CSCE) over the New Administrative Capital's ...

Exclusive: Africa’s Highest Skyscraper in NAC to be Managed by Raffles

Deputy Minister of Housing for National Projects Khaled Abbas has exclusively revealed to Invest-Gate that the ministry will soon announce its partnership with leading global hospitality company Raffles, which wil ...

MBG Mulls Building Medical Center in NAC: Chairman

Chairman of MBG Development Mahmoud Al Adl unveils developer intends to launch an international medical center in the New Administrative Capital (NAC), expecting to reach an agreement with the Administrative Capit ...

ACUD Studies 43 Requests for Acquiring Lands in NAC

Deputy Chairman of Administrative Capital for Urban Development (ACUD) Mohamed Abdel Latif has unveiled that the company is currently studying 43 requests submitted for the third offering of lands at the New Admin ...

The Walk Launches New Service for Doctors

Constructa for Design, Construction, and Project Management launched on December 17 a new service called "Triple S" at The Walk shopping mall, allowing doctors to rent their clinics for EGP 24 per hour and only pa ...

China’s CFLD Plans to Invest USD 20 bn in Egypt Halted: Officials

Officials in charge of delivering a USD 20 bn development in the New Administrative Capital (NAC) said two years of talks with China Fortune Land Development (CFLD) have halted following financial disagreements be ...

ACUD Receives Former Ethiopian Prime Minister, AIIB Delegation

The Administrative Capital for Urban Development (ACUD) welcomed on December 12 the former Prime Minister of Ethiopia Haile Meriam Desaline to introduce him to one of the most important development projects in Egy ...

NAC’s 1st Phase is 70% Sold Out: Spokesman

Official Spokesman for the New Administrative Capital (NAC) Khaled Elhusseiny said on December 11 that 70% of the land area in the new capital's first phase - a total of 17,000 acres - has been sold out

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