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 ...

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

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