Egypt Targets Increasing Urban Areas to 12%: Official

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas said that Egypt’s strategic plan targets increasing its urban areas to 12%, adding that the government is planning to ...

OUD Eyes Developing 2nd Residential Project in NAC

Orientals for Urban Development (OUD), an affiliate to Egypt-based Oriental Weavers, is studying the acquisition of a 45-acre land plot in the New Administrative Capital (NAC) to mark its second residential projec ...

Wadi Degla Starts Work on Promenade Maadi

Egypt-based Wadi Degla Developments has commenced work on a new luxurious residential compound dubbed "Promenade Maadi," with investments worth EGP 350 mn.

Alassema to Launch Medical Project at NAC

Egypt-based property developer Alassema Real Estate plans to launch a new healthcare project at the New Administrative Capital (NAC), dubbed Medical Capital City (MCC), with EGP 750 mn target sales.

Gov’t Inaugurates New Sphinx Authority’s Headquarters

Vice President of New Urban Communities Authority (NUCA) Abdulmutallab Mamdouh inaugurated on January 28 the administrative headquarters of New Sphinx Authority, west Cairo.

Marseilia Inks Deal to Develop New Urban Project in NAC

Egypt’s Marseilia Real Estate Investment Group, a subsidiary of Marseilia Group, has signed an agreement with Misr for Investment and Urban Development for the development of a new urban project at the New Adminis ...

RFCO Launches 3rd Phase of NAC’s IL Mondo Compound

Ramy Fares Company for Construction Development (RFCO) has announced the launch of the third phase of its project, IL Mondo, New Administrative Capital (NAC), with expected sales surpassing EGP 2 bn

Pyramids Developments Begins Work on NAC’s Grand Square Mall

Egypt-based Pyramids Developments has commenced drilling works at its new project, Grand Square Mall, the first commercial administrative medical mall in the New Administrative Capital's (NAC) Central Business Dis ...

El Tayebi Developments Intends Launching New Project in NAC Soon

General Manager of El Tayebi Developments Omar El Tayebi has unveiled that his company intends to launch a new project in the New Administrative Capital (NAC) during Cityscape Egypt next March.

MNHD Posts EGP 5.5 bn Presales in 2018

Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) has logged EGP 5.5 bn in presales, including sales contracts and units' reservations, during 2018, primarily through the company's flagship proje ...

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