NUCA Allocates Plots for 4 Logistics Zones Across Egypt

The New Urban Communities Authority’s (NUCA) board of directors has approved selling four state-owned land plots to El Araby Company for Trading and Manufacturing to establish logistics areas in a number of govern ...

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 ...

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 ...

Porto Receives Plot to Develop New Project in Mostakbal City

Egypt's Porto for Tourism Development, a subsidiary of Porto Group, has received a land plot from El Mostakbal for Urban Development - master developer of Mostakbal City - to develop its newest residential project ...

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

NAC’s Smart City Costs EGP 30 bn: ACUD’s Chairman

Chairman of the Administrative Capital for Urban Development (ACUD) Ahmed Zaki Abdeen said that the expected cost of establishing a smart city inside the New Administrative Capital (NAC) stands at EGP 30 bn

Masharef Signs Cooperation Deals to Market 30 New Projects in NAC

Masharef for Real Estate Development has signed joint cooperation deals to market and sell 30 new projects in the New Administrative Capital (NAC), as it plans to raise its portfolio of projects, especially in Eas ...

Egypt Increases Urban Areas for Growing Population: Official

Tarek Shoukri, head of the Real Estate Development Chamber affiliated to the Federation of Egyptian Industries (FEI), said Egypt is witnessing the implementation of a massive volume of development projects to incr ...

Pyramids Developments to Invest EGP 1.5 bn in La Capitale Project

Pyramids Developments has so far pumped investments worth EGP 450 mn in La Capitale project in the New Administrative Capital (NAC) and targets raising this figure to record EGP 1 bn in the coming two years.

81 Investment Projects Approved in Over 16 Cities: Official

Walid Abbas, assistant minister for community affairs of the New Urban Communities Authority (NUCA), said that 81 investment projects have been approved in more than 16 cities, spreading over a total of 13,697 acr ...

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