Castle Development Targets EGP 2 bn Sales in 2019: CEO

Castle Development CEO Ahmed Mansour said the company targets achieving sales of EGP 2 bn in 2019 versus EGP 860 mn last year, driven by the launch of its newest smart residential compound in the New Administrativ ...

Living Yards Eyes EGP 2.5 bn Sales from The Loft

Egyptian real estate developer Living Yards Developments plans to achieve EGP 2.5 bn in sales of its first flagship project in the New Administrative Capital (NAC), The Loft, during 2019.

NUCA Allocates 48-Acre Plot for Training Academy in Badr City

NUCA board of directors has approved allocating a 48-acre land plot to develop a training academy in Badr City to train building workers on the latest international methods of construction and finishing works.

Hassan Allam Awarded New Project in NAC

Egypt-based Hassan Allam Construction (HAC) has announced a new project award for the development of the Commercial International Bank’s (CIB) new headquarters project in the New Administrative Capital (NAC).

Sorouh Gets Ministerial Approval for NAC’s Entrada Compound

Egypt-based property developer Sorouh Developments has obtained a ministerial approval for implementing Entrada residential project, which spans over 72 acres, in the New Administrative Capital (NAC).

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 ...

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