Talaat Mostafa Purchases Land for Development at New Capital

Talaat Mostafa, Egypt's largest listed real estate developer, has purchased 500 feddans (acres) for development in the country's New Administrative Capital, Invest-Gate reports.

Egypt to Develop Transport Links to New Administrative Capital

A new infrastructure project will be built to link the New Administrative Capital with the national railway network, Invest-Gate reports.

Completion of Developments at New Administrative Capital in 2018 Confirmed

The completion of large developments across the New Administrative Capital by the end of 2018 is confirmed at the inaugural of Cityscape Egypt 2017, Invest-Gate reports.

US Investors to Turn Administrative Capital Into Smart City

Several US tech companies are willing to contribute to turning the New Administrative Capital into a smart city, Invest-Gate reports.

Construction Works At Gov’t District Of New Administrative Capital Moves Ahead

The government is moving ahead with construction works at the governmental district of the New Administrative Capital project, Invest-Gate reports.

Sisi, Merkel Inaugurate Mega Power Project

Egyptian President Abdel Fattah El Sisi and German Chancellor Angela Merkel inaugurated on March 2 the first phase of Siemens’ new mega power project expected to book power generation capacity by 45%, Invest-Gate rep ...

Madbouly Follows Up on Projects Worth EGP 37 bn in New Cities

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly held a meeting with leaders of the ministry and the New Urban Communities Authority (NUCA) on January 25 to follow up on projects worth of EGP 37 ...

2,500 Acres of Lands Offered to Investors in New Cities

The Ministry of Housing, Utilities, and Urban Communities will be offering 2,500 acres of land in new cities in January, according to Mostafa Madbouly, the Minister of Housing, Utilities, and Urban Communities, repor ...

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 ...

New Negotiations Commence over Administrative Capital Land Pricing

The Ministry of Housing, Utilities, and Urban Communities has begun negotiating with real estate companies over land pricing in the New Administrative Capital, in efforts to sell the first phase of the city after re- ...

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