new cities
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Developers
UC Developments Launches ‘Uni Tower 1’ in NAC
Sunday, 31 January 2021
UC Developments launches its first project in Egypt's real estate market at the New Administrative Capital (NAC), Invest-Gate reports.
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Land
NUCA Allots 50 Plots in 16 New Cities for Mixed-Use Activities
Saturday, 2 January 2021
The New Urban Communities Authority (NUCA) has approved the allocation of 50 plots in 16 new cities for mixed-use activities, in line with the state's keenness to boost urban development and present additional investment opportunities across Egypt.
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Government
El Gazzar Calls for Regular Follow-Up on ‘Residence for all Egyptians’ Project
Saturday, 2 January 2021
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has emphasized the need for adherence to deadlines and continuous follow-up on the construction of housing units in the “Residence for all Egyptians” initiative.
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Government
Deliveries at NAC’s Capital Residence to Start January 3: Minister
Saturday, 2 January 2021
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has unveiled plans to deliver several housing units in Capital Residence, located in the New Administrative Capital's (NAC) R3 District, from January 3 to July 5.
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Government
New Aswan Sees 66 Villas Done, 84 Others in Store for Mid-2021
Thursday, 24 December 2020
Merely 66 fully-finished villas overlooking the Nile River, nestled within New Aswan's in-progress 6,000-meter-long tourist strip, have been delivered, with 84 others in the pipeline for handover before July 2021.
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Government
New Cairo Awaits Completion of 1,625 Dar Misr Units Next January
Thursday, 24 December 2020
Vice President of New Urban Communities Authority (NUCA) Abdulmutallab Mamdouh has inspected work on phase II of New Cairo's Dar Misr middle-income housing project, affirming that 1,625 apartments (69 residential buildings) are set for delivery starting from January 2021.
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Government
PM Reviews Development of Egypt’s Provincial Capitals, Major Cities
Thursday, 17 December 2020
Prime Minister Mostafa Madbouly has held a meeting to review the development project of Egypt’s provincial capitals and major cities, in line with the presidential directives for the optimal utilization of state assets and provision of new services and projects.
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Developers
Al Arabia Constructs 50% of All its Property Projects Nationwide
Monday, 14 December 2020
Al Arabia Company for Real Estate Development has announced the completion of 50% of work on all of its real estate projects in New Cairo, coinciding with the celebration of its 17th anniversary as the Egypt-based developer offers potential clients with payment schemes of up to 72 years.
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Government
Over 9,000 Homes for NAC Employees Almost 92% Done
Monday, 14 December 2020
Merely 9,024 apartments (376 residential buildings) are almost 91.5% complete in Badr City, which are designated for the first batch of government employees to move to the New Administrative Capital (NAC) upon operation of the new city's ministerial district.
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Developers
Capital Link Plans for Another EGP 200 mn Project in NAC
Thursday, 10 December 2020
Capital Link Developments has confirmed plans to introduce its second real estate project in the New Administrative Capital (NAC), named "Dorado," with investments estimated at EGP 200 mn.
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Last Modified March 3, 2021